Mr. Patrick McGrath reports
BURRELL RESOURCES ENGAGES HUITT TRACEY AS INVESTOR RELATIONS REPRESENTATIVE
Burrell Resources Inc. has engaged Huitt Tracey as the company's investor relations representative, subject to the acceptance of the Canadian Securities Exchange (the CSE).
Mr. Tracey brings 40 years of experience in the resource, technology and biotechnology capital markets in various roles including licensed investment adviser, officer, director and investor relations professional. He is based in Vancouver, B.C.
"We are very pleased to welcome Huitt to Burrell," said Patrick McGrath, chief executive officer of Burrell. "With the addition of the Rainmaker copper project to our Nevada portfolio and our first exploration program now being planned, this is an important time to broaden our reach in the investment community. Huitt's experience will help us tell the Burrell story to a wider audience of shareholders and investors."
Terms of the engagement
Mr. Tracey has been engaged under an investor relations consulting agreement for a monthly fee of $2,500, beginning in October, 2026. The monthly fee will increase to $7,500 following upon the closing of a financing that funds the company's initial drill program. Mr. Tracey will be granted 300,000 incentive stock options under the company's stock option plan at the company's next company-wide grant. Each option will be exercisable to acquire one common share at an exercise price to be set at the time of grant, will vest in equal thirds on each of the first three anniversaries of the grant date, and will have a five-year term. The engagement can be terminated by either party with 30-day written notice.
Mr. Tracey is at arm's length to the company and, as of the date of this news release, holds 140,000 common shares of the company. The engagement, including the grant of stock options, remains subject to the acceptance of the CSE.
About Burrell Resources Inc.
Burrell Resources is a mineral exploration company listed on the Canadian Securities Exchange under the symbol BURY. The company is focused on the acquisition and exploration of prospective copper and precious metal projects in Nevada.
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