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HVV Highvista Gold Inc

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Delayed by 15 minutes
Share Name Share Symbol Market Type
Highvista Gold Inc TSXV:HVV 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 -

Highvista Gold Inc. Engages Ubika Corp. to Promote Investor Relations and Market Awareness

01/03/2012 2:00pm

Marketwired Canada


THIS PRESS RELEASE, REQUIRED BY APPLICABLE CANADIAN LAWS, IS NOT FOR
DISTRIBUTION TO U.S. NEWS SERVICES OR FOR DISSEMINATION IN THE UNITED STATES.


Highvista Gold Inc. ("Highvista" or the "Company") (TSX VENTURE:HVV) is pleased
to announce that it has engaged Ubika Corporation ("Ubika") to promote investor
relations and provide capital market exposure services.


"We have an exceptional exploration team and Project, in a mining friendly
jurisdiction. We will commence our 2012 drill program in the second quarter of
2012, drilling four priority targets at our Canasta Dorada Gold Project;
Republicana, Big Pit, Las Quintas and Chanate North," commented Rick Adams,
President and CEO of Highvista. "We intend to raise our profile in the North
American investment community while we advance our Canasta Dorada Gold Project,
and are excited to have Ubika assisting us in doing so."


Ubika's services agreement will commence on March 1, 2012 and will extend for a
period of 6 months, subject to renewal if mutually agreeable to both parties.
Under the terms of the services agreement, which is subject to TSX Venture
Exchange approval, Ubika will receive $7,500 per month in fees. In addition,
Ubika has been granted a total of 150,000 Highvista stock options at an exercise
price of $0.50 per share. The options vest quarterly over twelve months and have
a 2-year term, expiring on March 1, 2014. Upon termination of the services
agreement, any vested options will be cancelled after 30 days, as is required
for TSX Venture's Tier 2 Issuers.


Prior to entering into the engagement and the grant of options outlined above,
Ubika had no relationship with Highvista including no direct or indirect
interest in the Company or its securities. 


About Ubika

Ubika Corp. is a federally incorporated private company and has been in business
since 2004. It is a specialized research, analytics and capital market services
company with registered office in Toronto and operations in Toronto and
Vancouver, Canada. Ubika provides multi-dimensional platform that includes
comprehensive research, online platform, communication and capital market
exposure solutions to highlight the investment potential in small cap companies.


About Highvista

Highvista owns 100% of a Mexican subsidiary that controls the 24,215 hectare
Canasta Dorada Gold Project. This project is located in the Sonoran Gold Belt
immediately adjacent to AuRico Gold's El Chanate Mine.


Details of Highvista's Canasta Dorada Project can be viewed at the Company's
website at www.highvistagold.com.


READER ADVISORY

Statements in this press release may contain forward-looking information
including, but not limited to, statements with respect to the Company's proposed
drill programs. Any statements that are contained in this press release that are
not statements of historical fact may be deemed to be forward looking
statements. The reader is cautioned that assumptions used in the preparation of
any forward-looking information may prove to be incorrect, including but not
limited to, the ability of the Corporation to raise sufficient capital to pay
the exploration and development costs on the properties, the availability of
skilled labour, availability of equipment, and future capital and operating
costs. Events or circumstances may cause actual results to differ materially
from those predicted, as a result of numerous known and unknown risks,
uncertainties, and other factors, many of which are beyond the control of the
Company. Factors that could cause actual results to differ materially from any
forward-looking information include, but are not limited to, the risks of
capital and operating costs varying significantly from estimates, delays in
obtaining or failures to obtain required governmental, environmental or other
project approvals, inflation, commodity price and exchange rate fluctuations,
the uncertainty of estimates and projections relating to production, health,
safety and environmental risks, delays in the development of projects,
uncertainties relating to the interpretation of the geology, unanticipated
operational or technical difficulties and other factors. The reader is cautioned
not to place undue reliance on any forward-looking information. Such
information, although considered reasonable by management at the time of
preparation, may prove to be incorrect and actual results may differ materially
from those anticipated. Forward-looking statements contained in this press
release are expressly qualified by this cautionary statement.


The forward-looking statements contained in this press release are made as of
the date of this press release, and the Company does not undertake any
obligation to update publicly or to revise any of the included forward-looking
statements, whether as a result of new information, future events or otherwise,
except as expressly required by securities law.


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