MONTREAL, QUEBEC--(Marketwire - March 14, 2011) - Stellar Pacific Ventures Inc. (TSX VENTURE:SPX) ("Stellar", the "Company") is pleased to announce that it has retained First Canadian Capital Corp. ("First Canadian") as a consultant to provide strategic marketing and investor relations services. First Canadian will introduce the Company to private investors, analysts, brokers, money managers and other financial professionals.
Under the terms of the agreement, Stellar will pay First Canadian $6,000 per month for a twelve month initial term and grant 500,000 stock options for a period of 2 years at an exercise price of $0.14 per share, with vesting in accordance with TSX Venture Exchange policies and the Company's Stock Option Plan.
Maurice Giroux, President of Stellar commented, "We are pleased to have First Canadian work with us to increase the exposure of Stellar to the financial markets and also increase awareness of our strong drill results at our Balandougou project as well as our significant land package in Guinea and Mali West Africa. We chose First Canadian based on their professional standards and their track record of successfully assisting other resource companies with effective investor relations plans and strategies."
About First Canadian Capital Corp.: Based in Toronto and in the investor relations business for fourteen years, First Canadian Capital Corp. has assisted numerous North American corporations in gaining exposure and recognition within the global investment community.
About Stellar Pacific Ventures
Stellar Pacific Ventures (TSX VENTURE:SPX) is a Canadian-based mining exploration company whose primary mission is to target, explore and develop gold deposits in Canada and Africa.
Stellar is dedicated to creating growth by discovering and mining the earth's resources in an efficient and environmentally responsible manner.Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release