Freewest Resources Canada Inc (C:FWR)
Shares Issued 185,143,373
Last Close 9/5/2008 $0.27
Monday September 08 2008 - News Release

Mr. Mackenzie Watson reports

FREEWEST RESOURCES CANADA INC. ENTERS INTO AGREEMENT WITH BAY STREET CONNECT FOR INVESTOR-RELATION SERVICES AND GRANTS STOCK OPTIONS

Freewest Resources Canada Inc. has engaged Bay Street Connect to provide investor relations and financial communications services. Bay Street Connect will be paid a monthly retainer fee of $5,000 and has been granted a stock option in respect of 240,000 Freewest common shares. The exercise price of the option is 30 cents per share. The closing price of Freewest's common shares on the TSX Venture Exchange on Sept. 5, 2008, the last trading day prior to today, was 27 cents. The option expires in one year and will vest equally over four quarters. The option was granted under Freewest's 2003 stock option plan. Bay Street Connect will assist Freewest in developing effective communications and relationships with retail and institutional brokers and analysts, as well as private investors and other financial professionals.

Bay Street Connect has advised Freewest that it is an employee-owned firm based in Toronto, and a leading provider of investor relations services to Canadian public companies in the mining sector. Focusing on direct communication and face-to-face meetings, it has assisted numerous organizations in improving relationships within the investment community.

Freewest's board of directors has also granted stock options to eight directors and officers, in respect of a total of 1.3 million common shares. Freewest has also granted options to eight employees and consultants in respect of 500,000 common shares. The options were granted under Freewest's 1997 stock option plan and 2003 stock option plan. The exercise price of the options is 30 cents per share. The options expire in five years.

© 2008 Canjex Publishing Ltd.

"Bay Street Connect will be paid a monthly retainer fee of $5,000 and has been granted a stock option in respect of 240,000 Freewest common shares. The exercise price of the option is 30 cents per share. "

Basically $72,000 + 5k a month?

Hopefully this firm proves thier worth and does a bang-up job of IR/ promotion.

Anyone know much about Bay Street Connect? Their website looks good, but I wondered why the need for outside representation?

Do other exploration mining companies have outside IR's?

Perhaps they know things will soon be too BIG for them to handle!?

Wait n' see - but a nice thought.