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CZH

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Share Name Share Symbol Market Type
TSXV:CZH TSX Venture Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0 -

Crazy Horse Engages Regent Advisors on Taysan Sale

18/05/2012 11:00pm

Marketwired Canada


Crazy Horse Resources Inc. (TSX VENTURE:CZH) (the "Company") announces that it
has engaged the services of Regent Advisors LLC to advise the Company as it
seeks a potential buyer or joint venture partner for its Taysan Copper-Gold
Project located on Luzon Island.


Under the terms of the engagement, which commenced effective April 1, 2012, the
Company will pay Regent a cash success fee equal to 1.5% of the transaction
value. Additionally, the Company has agreed to pay an engagement fee of
US$50,000 per month payable monthly in arrears in cash or common shares of the
Company for up to six months. In the event the Company elects to pay the
retainer in common shares, the common share price used will be the 20-day VWAP
calculated on the last trading day of the calendar month in which services are
provided. 


ON BEHALF OF THE BOARD OF CRAZY HORSE RESOURCES INC.

MITCH ALLAND, President and C.E.O.

This news release includes "forward-looking statements" including forecasts,
estimates, expectations and objectives for future operations that are subject to
a number of assumptions, risks and uncertainties, many of which are beyond the
control of the Company. Investors are cautioned that any such statements are not
guarantees of future performance and that actual results or developments may
differ materially from those projected in the forward-looking statements. There
is no assurance the Company or Regent will be successful in identifying a
purchaser for the Taysan project on terms acceptable to the Company or at all.
The Company does not assume the obligation to update any forward-looking
statement, except as required by applicable law.


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