Cascadero Copper Engages Arrowhead Business and Investment Decisions
March 1, 2010
VANCOUVER, British Columbia--(BUSINESS WIRE)--Cascadero Copper Corporation (the "Company" or "Cascadero") (TSX VENTURE:CCD) (PINK QUOTE:CCEDF) wishes to announce the appointment of Arrowhead Business and Investment Decisions ("Arrowhead") to consult on investor relations and shareholder communications.
Arrowhead is a consulting firm, which assists public companies with communication, capital markets experience, brand awareness in addition to developing and initiating strategies to gain increased exposure to investors. Arrowhead analyses and disseminates corporate information and market data to an investor contact base of investment funds and institutions.
Daniel and Thomas Renaud, Managing Partners of Arrowhead, issued a statement:
"We are pleased to partner with Bill McWilliam and the Cascadero team to introduce the Company and its mineral prospects to a new and increased audience at an exciting time in the Company's history. With the rising global demand for base, precious and rare metals the timing is very good to introduce Cascadero and its diversified mineral properties portfolio to investors. Cascadero anticipates delivering exciting drilling results in the coming months with exploration activities being carried out at Incamayo, Las Cuevas and La Sarita on highly prospective mineralized zones principally for gold, silver and copper. In addition, we are eagerly waiting for metallurgical test results for lithium extraction from the Guadalquivir lithium discovery and a block model resource study that is expected to result in a NI 43-101 compliant Technical Report for Cascadero's Taron rare metal, silver, zinc deposit, which we feel is a key strategic asset for the future."
The services agreement with Arrowhead is for a renewable six-month contract for a fee of US$23,000. In addition, the Company has granted Arrowhead a series of stock options, including 200,000 shares at US$0.20 per share; 250,000 shares at US$0.30 per share; and, 300,000 shares at US$0.40 per share over the term of the agreement and its applicable extensions. No options can be exercised before a 120-day period from the date of acceptance by the regulatory authority. The terms and conditions of this service agreement are subject to TSX Venture Exchange approval.
On Behalf of the Board
Bill McWilliam,
President and Director
About Cascadero Copper Corporation
Cascadero Copper Corporation is based in Vancouver, British Columbia, Canada and is a fully integrated mineral resource Company that can generate and acquire quality mineral prospects, execute initial and detailed exploration programs and manage drill programs. The Company generates large-scale mineral prospects that are principally open pit bulk mineable prospects for its own account. Cascadero operates and owns as principal mineral properties in north central British Columbia, Canada and in the provinces of Jujuy, Salta and Catamarca in the Republic of Argentina.
The Company's immediate exploration plan is to drill test Incamayo for copper-gold and silver, Las Cuevas as an open pit bulk tonnage gold-silver prospect and La Sarita for its porphyry copper-gold potential. Cascadero is led by an experienced management team with technical, exploration and mining expertise. The Company has the capability to generate quality early stage mineral prospects and to rapidly advance these projects to the resource definition stage. The Company also options properties to third parties as conditions dictate. Advanced properties include Castor-Quevar (silver) Viejo Campo (gold-silver), Guadalquivir bulk tonnage project (lithium), and Taron a large open pit bulk tonnage epithermal rare metal Ag-Zn project.
