Cassidy Gold Corp. : Enters into Investor Relations Agreement

 Thu Jan 19, 2012
Cassidy Gold Corp. Enters into Investor Relations Agreement
 Cassidy Gold Corp. (the "Company") announces that it has entered into a letter of engagement dated December 1, 2011 and related standard terms and conditions of business (together, the "Agreement") with Threadneedle Communications Ltd. ("Threadneedle"), pursuant to which, subject to the approval of the TSX Venture Exchange, Threadneedle will provide investor relations services to the Company for an indefinite period, subject to termination by either party in accordance with the terms of the Agreement.

Pursuant to the Agreement, Threadneedle will assist the Company with a financial public relations programme. In consideration of the services, the Company will pay Threadneedle a fee of £2,500 per month, charged quarterly in advance and invoiced on the first day of each period of three months, plus an additional fee of £150 per month to cover incidental costs borne by Threadneedle on behalf of the Company. The Company will use its general working capital, including funds from its recently completed private placement, to pay the fees under the Agreement.

About Threadneedle Communications Ltd.

Threadneedle is an award winning financial public relations company formed in 2003 which offers a range of communication services. Threadneedle is a UK based advisor to both public and private international resources companies. Neither Threadneedle nor Laurence Read, the senior director of Threadneedle working with the Company, has any interest, directly or indirectly, in the Company or its securities, or any right or intent to acquire such an interest. For further information, please phone [phone] or send enquires to [e-mail].

For additional information, please contact:

Paul Rankine, President, Chief Executive Officer and Director
Telephone: [phone]
E-mail: [e-mail]

This news release contains certain statements that may be deemed "forward-looking statements. Forward looking statements are statements that are not historical facts and are generally, but not always, identified by the words "expects", "plans", "anticipates", "believes", "intends", "estimates", "projects", "potential" and similar expressions, or that events or conditions "will", "would", "may", "could" or "should" occur. Although Cassidy Gold Corp. believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or realities may differ materially from those in forward looking statements. Forward looking statements are based on the beliefs, estimates and opinions of Cassidy Gold Corp.'s management on the date the statements are made. Except as required by law, Cassidy Gold Corp. undertakes no obligation to update these forward-looking statements in the event that management's beliefs, estimates or opinions, or other factors, should change.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.