Gold Jubilee Grants Options And Announces Investor Relations Contracts

Gold Jubilee Capital Corp. (TSXV:GJB) has granted stock options to management, directors and certain consultants of the company to purchase 1,925,000 common shares of the company at an exercise price of 18 cents per share exercisable in whole or in part for a period of five years from Aug. 26, 2016, the date of grant.
The Company is also pleased to announce that it has engaged Currie Capital Corp. (“Currie Capital”) and Blue Sail Capital Inc. (“Blue Sail Capital”) to provide various investor relations services to the Company.
Currie Capital is a Vancouver-based firm which provides advice and assistance on financings and access to capital markets. Currie Capital has been granted stock options of the Company to purchase 225,000 Common Shares at a price of $0.18 per share as the sole consideration for its provision of services to the Company, which will include assisting with future financings and liaising with shareholders, potential investors and finance professionals. Currie Capital and its principal currently own 870,000 Common Shares and 75,000 share purchase warrants of the Company. Currie Capital has no direct relationship with the Company, other than as contemplated in the current agreement which has a 12-month term.
Blue Sail Capital is a Toronto-based financial services company that provides assistance in accessing capital markets. Blue Sail Capital has been granted stock options of the Company to purchase 100,000 Common Shares at a price of $0.18 per share as the sole consideration for its provision of services to the Company, which will mainly consist of organizing meetings with investors in Eastern Canada. Neither Blue Sail Capital nor its principal currently own any Common Shares of the Company. Blue Sail Capital has no direct relationship with the Company, other than as contemplated in the current agreement which has a 12-month term.
The stock options granted to Currie Capital and Blue Sail Capital are exercisable for a period of three years and vest over a period of 12 months from the date of grant in equal quarterly installments.