Toronto, Canada, Feb. 9, 2005 (PRIMEZONE) -- Yukon Gold Corporation, Inc. ("Yukon Gold") (OTCBB:YGDC) today announced that it has retained the services of First Canadian Capital ("FCC") to provide investor relations and financial communications services.
"As a very active company involved in gold and base metal exploration and development, it is extremely important to raise awareness of our Company's strategy, successes and investment opportunity, within the financial community," said Warren Holmes, Yukon Gold's Chairman and CEO. "We believe the team at FCC has the expertise to ensure that we are widely and accurately communicated to North American investors and to money managers at a global level." In consideration for services, FCC will receive a fee of $5,000 per month.
FCC is an Investor Relations firm, based in Toronto, providing strategic counsel, investor relations and corporate communications to emerging private and public companies. FCC's Vice President, Dan Boase stated, "I am looking forward to communicating Yukon Gold's compelling story to our network. The events in the Yukon are particularly intriguing considering the opportunity that exists for the Yukon Gold team and the successful history of mining in the immediate area."
About Yukon Gold
Yukon Gold Corporation, Inc. is an extremely active and progressive public junior exploration and development company trading on the Nasdaq OTCBB under the symbol "YGDC". The Company's main focus is its Mount Hinton gold and silver exploration project in the Central Yukon Territory of Canada. The property lies within the Tombstone Gold Belt, world renowned for the discovery of major gold and base metal deposits. Within immediate proximity to the Mount Hinton Project are a number of idle, former producing mines and drill indicated resources which the Company plans to target for acquisition. For more information regarding Yukon Gold and its properties, please visit: www.yukongoldcorp.com
FORWARD-LOOKING STATEMENTS: This news release contains certain "forward-looking statements" within the meaning of Section 21E of the United States Securities Exchange Act of 1934, as amended. Except for statements of historical fact relating to the company, certain information contained herein constitutes forward-looking statements. Forward-looking statements are frequently characterized by words such as "plan," "expect," "project," "intend," "believe," "anticipate", "estimate" and other similar words, or statements that certain events or conditions "may" or "will" occur. Forward-looking statements are based on the opinions and estimates of management at the date the statements are made, and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-looking statements. These factors include the inherent risks involved in the exploration and development of mineral properties, the uncertainties involved in interpreting drilling results and other ecological data, fluctuating metal prices, the possibility of project cost overruns or unanticipated costs and expenses, uncertainties relating to the availability and costs of financing needed in the future and other factors. The Company undertakes no obligation to update forward-looking statements if circumstances or management's estimates or opinions should change. The reader is cautioned not to place undue reliance on forward-looking statements.