Vancouver, British Columbia, Jan 24 — Spanish Mountain Gold Ltd. (the “Company” or “Spanish Mountain Gold”) (TSX-V: SPA) (FSE: S3Y) (OTCQB: SPAUF) is pleased to announce that it has engaged the services of Laura Stein of New York for shareholder and investor communications. Laura has been providing communication services to the mining industry for over 30 years. Laura will communicate directly with existing shareholders, analysts and prospective investors primarily through email, social media and conference participation. Laura will receive 250,000 options under the Company’s Share Option Plan. The options are priced at $.22 for a term of 5 years and will vest 25% after 3 months, 25% after six months, 25% after twelve months, and 25% after 18 months. In addition, the Company will pay a portion of Ms. Stein’s expenses for travel, conference fees, office overhead, and other third party costs in connection with her activities related to Spanish Mountain Gold Ltd.
Laura Stein and the Company are arm’s-length parties, and Laura Stein does not hold any shares in the issued and outstanding capital of the Company. The agreement with Laura Stein is subject to TSXV approval and will not commence until final approval has been received.