Avery Resources Appoints Goudie as New CFO
In conjunction with his appointment as Chief Financial Officer, Mr. Goudie was granted options to acquire 150,000 common shares of Avery pursuant to Avery's incentive stock option plan. The options are exercisable at $0.88 for a period of five years.
Avery also announces that it has signed a new agreement with Iradesso Communications Corp., a Calgary-based investor relations firm, to help communicate its growth plans and results to the investment community. The TSX Venture Exchange requires that the details of the arrangement between Avery and Iradesso be disclosed. Iradesso has been providing general communications and graphic design services to Avery since 2004. Effective April 1, 2006, Avery has increased Iradesso's role to provide full-service investor relations consulting services, in addition to the communications and design assistance already being supplied, at a rate of $6,000 per month until either party gives 30 days' notice to terminate the agreement. Iradesso's role includes development of Avery's communications materials, including website, corporate profile and corporate presentation as well as development of Avery's annual and quarterly reports and other marketing materials to ensure Avery communicates effectively with investors. Iradesso will also answer investor questions, set up investor meetings and proactively share the Avery story with professional investors. Iradesso President Peter Knapp will be the main investor relations contact for Avery. Iradesso and its employees do not currently have any interest, directly or indirectly, in shares of Avery Resources.
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