Mansfield Announces Investor Relations Contract
Vancouver, British Columbia � Mansfield Minerals Inc. (TSX.V � MDR)
April 14, 2010
Mansfield Minerals Inc. (�Mansfield� or the �Company�) announces that it has retained the services of Sigorex Management GMBH to provide investor relations and media coverage in Europe. The Company has executed a consulting agreement with Sigorex providing for monthly payments of �5,000 (EUR) and an initial set-up fee of �10,000 (EUR) for a one year term. In addition, the Company has granted Sigorex a stock option to purchase up to 100,000 common shares of the Company at a price of $1.30 for a one year period, pursuant to the Company�s Stock Option Plan which contains vesting provisions such that 25% of the options become available every three months. Both the consulting agreement and the stock option grant are subject to regulatory approval.
Sigorex advises that it indirectly holds 45,100 common shares of Mansfield and that it may acquire or dispose of securities of Mansfield in the future.
About Mansfield Minerals Inc. Mansfield is a mining exploration company which has focused its activities in northwestern Argentina since August 1994. The Company has recently announced results from a pre-feasibility study on its wholly owned Lindero gold project.
On behalf of the Board of Directors,
�Gordon P. Leask�
Gordon P. Leask., President & CEO
For more information please visit our website at www.mansfieldminerals.com or contact us at (604) 681-4462.
Caution Regarding Forward-Looking Statements
The TSX Venture does not accept responsibility for the adequacy or accuracy of this release. Caution Regarding Forward-Looking Statements - This news release contains certain forward-looking statements, including statements regarding the business and anticipated financial performance of the Company. These statements are subject to a number of risks and uncertainties. Actual results may differ materially from results contemplated by the forward-looking statements. When relying on forward-looking statements to make decisions, investors and others should carefully consider the foregoing factors and other uncertainties and should not place undue reliance on such forward-looking statements. The Company does not undertake to update any forward looking statements, oral or written, made by itself or on its behalf.
Mansfield Min. is a gold development stage company based in Canada.
Mansfield Min. holds various exploration projects in Argentina.
Its main asset in development is LINDERO in Argentina and its main exploration property is ARIZARO-LINDERO in Argentina.