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Snowfield Development Corp. (Snowfield) announces the engagement, under a consultancy agreement, of Mr. Abby Farrage. The purpose of this agreement is for Mr. Farrage to provide financial advisor, marketing and investor relations consultancy services for an initial period of three months. Under the agreement, subject to regulatory approval, a consultancy fee of $10,000.00 per month shall be paid, for a total of $30,000.00, and Mr. Farrage will be granted an option on common shares of Snowfield's capital stock at a price of $0.20 per share up to the maximum amount allowable by the TSX Venture Exchange ("Exchange") regulations.
Mr. Farrage is the President of Consolidated Goldwin Ventures Inc., a public company trading on the Exchange. Under an option agreement, Consolidated Goldwin Ventures Inc. is earning a 39.6% interest in the Drybones 4 Claim from Snowfield. Mr. Farrage has previously acquired and holds 1,345,000 shares in the capital stock of the Company.
ON BEHALF OF THE BOARD
"Robert T. Paterson"
President
SNOWFIELD DEVELOPMENT CORP.
The Canadian Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of the contents hereof.