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Colt Overhauls IR and Marketing Strategy; Shares Drop 1.5% in Early Trade

Colt Resources Inc. (GTP.V) announces today a new global Investor Relations and Marketing initiative designed to communicate more broadly and effectively the significant milestones recently achieved by the company.

It has immediately terminated all of its current North-American IR and communications relationships and has entered into a comprehensive agreement with Cooper Global Communications, LLC, (CGC) a New York-based leader in global IR and communication services.

This strategic change in Colt's IR and Marketing programs will result in significant cost savings, says Colt. It has an agreement with CGC that commencing in March, 2013 the company will pay CGC a monthly retainer of US$15,000 for fifteen months, which may be cancelled after every 90 days with a 10-day notice.

Shares are down half a cent to 31.5 cents in early trade, bringing it nearer a yr low of 30 cents.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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