Trading Symbol: SLI (TSX Venture Exchange)
EKL (
SELSF (
News Release 2010-32
August 11, 2010
NEWS RELEASE
St. Elias Mines Ltd. Retains The Haft Group, Inc.
to Provide Investor and Financial Public Relations Services
Vancouver, B.C. August 11, 2010 Lori McClenahan, President, St. Elias Mines Ltd. (SLI - TSX:V) (“St. Elias”), is pleased to announce that it has retained The Haft Group, Inc. to provide investor and financial public relations services to St. Elias. The Haft Group, based in New York, is a boutique consulting firm that specializes in providing tailored, strategic investor and financial public relations services to "select" small and mid cap companies in the public and private capital markets.
“We are excited to partner with The Haft Group, Inc. to develop a long-term investor relations strategy aimed at strengthening the Company’s profile and visibility among the U.S. financial and investment community” stated Lori McClenahan.
The Haft Group, Inc.
The Haft Group, Inc. is headed by Herbert Haft in concert with The Haft Group advisory board consisting of attorneys, brokers, high net worth individuals, M&A professionals and bankers. The Haft Group will assist St. Elias in transmission of information to the US investment community, keeping St Elias’ target audience informed of news and significant corporate developments. The Haft Group will also assist the Company in initiating contact and communicating with brokers, analysts, corporate sources, private investors and other financial professionals. Activities will include building the investor database, developing a communications strategy focused on increasing and maintaining company awareness, dissemination of corporate information packages, organizing selected road show and one-on-one presentations.
"Hands On" investor relations liaison with our shareholder base, capital experts and broker and corporate sources, is an important segment of the IR program,” states President, Lori McClenahan.
About Herbert Haft
Herbert Haft has enjoyed a career of more than 35 years as a leading specialist in investor and public relations. Over that period, Mr. Haft has built up strong relationships with attorneys, investment bankers, brokers and high net worth individuals. He has represented a wide variety of private and publicly-traded companies, acting, for the most part, as his clients’ investor relations and press relations consultant. In addition, he frequently assists in his clients’ financing as well as other aspects of business development.
As founder and President of The Haft Group, Inc., Mr. Haft has represented a roster of both United States and Canadian and Peruvian public companies in industries ranging from natural resources and mining, biotechnology-pharmaceutical, banking , manufacturing, real estate and health care services.
Previously, Mr. Haft was a partner and principal of two NYSE member firms, which have since merged with other entities. His business career also includes serving as Senior Vice President, Corporate Public Relations for the then Warner Communications, and earlier, Director of Public Relations for Esquire and GQ Magazines and Executive Vice President of Artists Entertainment Complex (OTC). He was also a spokesman/interviewer for a TV public affairs show.
Mr. Haft, a graduate of Syracuse University, and Yale Graduate School, has served on the board of directors of several public companies. He is a founder of The Albert Einstein College of Medicine, in New York and a member of several professional organizations, including the Public Relations Society of America, Zeta Beta Tau Fraternity, and The Friars Club, New York.
Agreement
Under the terms of the investor relations agreement, the Company will pay a monthly fee of USD$5,000 to The Haft Group, Inc. for a period of six months, continuing for an additional six months if agreed by both parties, and will reimburse The Haft Group, Inc. for its reasonable out-of-pocket expenses.
For additional information on St. Elias and its projects, please visit us at www.steliasmines.com or call 1-888-895-5522 (toll free US and Canada) or contact:
European Investor Relations
Nicholas Fuller
Fuller & Associates
Tel: 011-44-207-256-5204
Email: This e-mail address is being protected from spambots. You need JavaScript enabled to view it
U.S. Investor Relations
Tel: 011-44-207-256-5204
Email: This e-mail address is being protected from spambots. You need JavaScript enabled to view it
U.S. Investor Relations
Herbert Haft
The Haft Group, Inc.
Tel: (212) 759-8865
Email: This e-mail address is being protected from spambots. You need JavaScript enabled to view it or This e-mail address is being protected from spambots. You need JavaScript enabled to view it
Tel: (212) 759-8865
Email: This e-mail address is being protected from spambots. You need JavaScript enabled to view it or This e-mail address is being protected from spambots. You need JavaScript enabled to view it
ST. ELIAS MINES LTD.
(signed “Lori McClenahan”)
Lori McClenahan
President
The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or the accuracy of the contents of this document.
This News Release may contain forward-looking statements including, but not limited to, comments regarding the timing and content of upcoming work programs, geological interpretations, potential mineral recovery processes, etc. Forward-looking statements address future events and conditions and therefore involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statement.