VANCOUVER, BC — January 5, 2022 — Majuba Hill Copper Corp. (CSE: JUBA / OTC: JUBAF / FWB:4NP) (“Majuba Hill Copper” or the “Company”) is pleased to announce the Company has added a co-founder of $350 Million market cap International Battery Metals Ltd. IBAT:CSE (formerly Rheingold Resources RGE:CSE), Hugo M. Kotar to its Senior Advisory Board to advise the Company on deal structuring, M&A and strategic partnerships.
Mr. Kotar is Managing Partner of KP Capital, Quartier Minerals Corp and has 23 years of Capital Markets experience. Mr. Kotar is a former Vice President of Canaccord and PI Financial, Hugo has raised over $25 million for growth companies including co-founder and investor of International Battery Metals Ltd., a $350 Million lithium explorer and technology company. Mr. Kotar was also most recently appointed as VP Of Corporate Development at Infinity Stone Ventures Corporation GEMS:CSE and Director of Corporate finance of battery metals company METL Mining Ltd.
Mr. Kotar earned a BA in Economics from McGill University.
CEO and director, David Greenway, states, “We welcome Mr. Kotar to Majuba’s senior advisory board. We look forward to working with Mr. Kotar at this exciting time for our growing copper company.”
The scientific and technical information contained in this news release has been reviewed by E.L. “Buster” Hunsaker III, CPG 8137, a non-independent consulting geologist who is a “Qualified Person” as such term is defined under National Instrument 43-101 – Standards of Disclosure for Mineral Projects (“NI 43- 101”).
Market Awareness Program
The Company has engaged LFG Equities Corp. for digital media services through social media channels and online media placements for a 6-month term. As part of the engagement, the Toronto-based company will be paid up to $300,000 CAD.
Furthermore, the Company has issued 785,000 stock options at a price of $0.255 valid for a one-year term.
About Majuba Hill Copper Corp.
Majuba Hill Copper Corp. is engaged in the identification, review and acquisition of latter stage copper and copper/silver/gold assets. This is in direct response to the growing worldwide demand and lack of supply for precious metals fueled by the Green New Deal in the US and most other developed nations with similar programs aimed at addressing climate change. Such programs are heavily reliant on silver, gold and especially copper to produce Electric Vehicles and other renewable power sources, as well as building infrastructure to provide clean and affordable electricity.
The flagship project is the Majuba Hill copper, silver and gold District located 156 miles outside Reno, Nevada, USA. Management has been mandated to focus on safe, mining friendly jurisdictions where government regulations are supportive of mining operations.
On Behalf of the Board of Majuba Hill Copper Corp.
David C. Greenway
President & CEO
For further information, please contact:
VP of Corporate Communications
Neither the Canadian Securities Exchange nor its Market Regulator (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release.
This news release contains certain statements that may be deemed “forward-looking” statements. Forward looking statements are statements that are not historical facts and are generally, but not always, identified by the words “expects”, “plans”, “anticipates”, “believes”, “intends”, “estimates”, “projects”, “potential” and similar expressions, or that events or conditions “will”, “would”, “may”, “could” or “should” occur. Although Majuba Hill Copper Corp. believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in forward looking statements. Forward looking statements are based on the beliefs, estimates and opinions of Majuba Hill Copper Corp. management on the date the statements are made. Except as required by law, Majuba Hill Copper Corp. undertakes no obligation to update these forward-looking statements in the event that management’s beliefs, estimates or opinions, or other factors, should change.