VANCOUVER,
BRITISH COLUMBIA--(Marketwire - Feb. 25, 2010) - Nortec Minerals Corp.
(TSX VENTURE:NVT)(FRANKFURT:WMQ) ("Nortec" or the
"Company"), is pleased to announce that it has retained San Diego
Torrey Hills Capital, Inc. ("Torrey Hills Capital") to act as investor
relations consultants to the Company.
Torrey Hills Capital
is a leading investor and financial public relations firm specializing in small
and micro-cap companies, primarily in the natural resource sector. Torrey Hills
Capital will increase awareness about Nortec through its established
relationships with investment professionals, investment advisors, and money
markets focused on the microcap market space. This will allow Nortec to build
and maintain an informed investor audience. Torrey Hills Capital will also
develop a profile on Nortec for coverage on its website, www.babybulls.com, a website developed
to showcase and provide exposure for emerging micro-cap companies to an
audience of proven micro-cap investors.
Torrey Hills Capital
has been engaged for an initial term of one month for a cash fee of US$4,500
followed by a subsequent term of twelve months for a cash fee of US$5,000 per
month and the granting of options to purchase 200,000 shares of Nortec at a
strike price equal to the Company's ten-day average closing bid price
immediately preceding the date of the commencement of the subsequent term of
the agreement. The relationship can be terminated at any time by either party
with thirty days' notice. The agreement is subject to the approval of the TSX
Venture Exchange.
About Nortec Minerals
Corp.
Nortec
is a mineral exploration and development company based in Vancouver, British
Columbia. The Company has an option to earn 100% interest in the
Seinajoki-Kaatiala Gold-Antimony-Rare Earth-Lithium Property in western Finland
and owns a 100% interest in the Tammela Lithium-Tin-Tantalum-Rare Earth Project
in south-west Finland. The Kaatiala reservation covers a quarry which produced
18 tonnes of beryl, 5 tonnes of columbite and 190,000 tonnes of rare mineral
calcium feldspar, according to the information obtained from the Geological
Survey of Finland ("GTK").
Nortec
also has a 100% interest in the LK Palladium-Platinum-gold-Copper-Nickel Project
(the combined Kaukua & Haukiaho Projects) in north-central Finland,
a minimum 51% interest with an option to earn 90% interest in the TL
Nickel-Copper-Cobalt Property in Northern Labrador, Canada and an option to
acquire 51% interest in the Ganarin Gold-Silver Property, Ecuador.
On behalf of the Board of Directors,
NORTEC MINERALS CORP.
Ian Laurent, President
This press release contains certain forward looking
statements which involve known and unknown risks, delays and uncertainties not
under the Company's control which may cause actual results, performances or
achievements of the Company to be materially different from the results,
performances or expectations implied by these forward looking statements. This news release does
not constitute an offer to sell or a solicitation of an offer to buy any of the
securities in the United States.
The TSX Venture Exchange has not reviewed and does not accept the responsibility for the adequacy or accuracy of this news release.