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| | April 05, 2006
Consulting Agreement Signed
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| | Vancouver BC - April 5th, 2006 - Mosquito Consolidated Gold Mines Limited (MSQ.V-TSX-V) is pleased to announce that it has entered into a contract with Connect Capital Ltd. of Vancouver, British Columbia to provide corporate and investor relations services. The principal of Connect Capital Ltd. is Richard Genovese. Mr. Genovese currently owns 12,800 common shares of the Company purchased in the open market and 900,000 units of the Company purchased in the Company's most recent private placement. Connect Capital will be paid $8,000.00 per month for a period of one year. After the initial one year term, the contract may be renewed from year to year upon written agreement by both parties. Connect Capital will also be granted a stock option to purchase a total of 440,000 common shares of the Company at a price of $1.60 per share exercisable for a term of five years from the date of granting, subject to regulatory approval.
On Behalf of the Board
MOSQUITO CONSOLIDATED GOLD MINES LIMITED
Brian McClay
President
THIS NEWS RELEASE WAS PREPARED BY MANAGEMENT WHO TAKES FULL RESPONSIBILITY FOR ITS CONTENTS. THE TSX-VENTURE EXCHANGE NEITHER APPROVES OR DISAPPROVES OF THIS RELEASE. |
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| | You can view the Next News Releases item: Mon Apr 17, 2006, Mosquito Commences Drilling on Statlu Aggregate Deposit.
You can view the Previous News Releases item: Mon Mar 20, 2006, Mosquito Intersects 273.4 Meters (897 Feet) Grading 0.87% Copper Equivalent At Pinetree (AMENDED)
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