Copper Canyon Engages A. Schwab and Associates for Investor Relations, Issues Incentive Options   

 

Cranbrook, B.C., 29 June, 2007: Copper Canyon Resources Ltd. (CPY:TSX-V) has retained A. Schwab and Associates Inc. (“ASA”) to perform investor relations services for the company for an initial six-month term, commencing July 1st, 2007.

ASA is based in Kelowna, B.C., with involvement in investor relations activities across North America and Europe. At present, ASA and its principals have no interest, directly or indirectly, in Copper Canyon or its securities.

ASA will be paid the sum of $6,500 per month and will be reimbursed for pre-approved expenses. In addition, 200,000 share options will be issued to ASA or its principals, exercisable at a price of $1.00 per share, exercisable for a five-year period. The investor relations contract between ASA and Copper Canyon is subject to regulatory approval.

CPY management also wishes to announce the issuance of 1,950,000 incentive options exercisable at $1.00 for a 5 year period to directors, officers and key employees of the Company.

 

On behalf of the Board of Directors

 

Signed

 

“Tim J. Termuende”

President and CEO

 

For further information, please contact Mike Labach at 1 866 HUNT ORE (486 8673)

Email: mgl@copcanyon.com or visit our website at http://www.copcanyon.com

 

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release. 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, receipt of property titles, 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 statements.