SelectCore Engages IR Firm
04 Mars 2011 - 6:56PM
Marketwired Canada
SelectCore Ltd. (TSX VENTURE:SCG) a leading payment and transaction processor
for the prepaid industry, announces that it has entered into an agreement with
Resultz Media Group Corp. ("RMG") under which RMG will provide investor
relations services to enhance the visibility of the company to put SelectCore on
a comparable level playing field with its American peers.
The agreement with RMG is for a five-month term, subject to renewal. Under the
agreement, SelectCore will pay RMG a fee of CAD$2000.00 monthly. In addition,
SelectCore has granted RMG stock options in respect of 250,000 common shares at
an exercise price of $0.12 per share.
RMG has no direct or indirect interest in securities of SelectCore, or any right
or intent to acquire such securities other than pursuant to the exercise of the
stock option granted by SelectCore. The agreement with RMG is subject to
regulatory approval, including that of the TSX Venture Exchange.
The company also announces that it is currently in the process of selecting a US
based investor / public relations firm and plans to make an announcement in this
regards in the immediate future.
About Resultz Media Group Corp.
RMG is an industry leader in terms of Investor Relations, advising smallcap
companies operating in the public marketplace. RMG's Associates possess a broad
range of skills and expertise, empowering its clients within Investor Relations,
Capital Formation, as well as Management Consulting areas. RMG coordinates its
performance driven media and communications campaigns to provide emerging growth
companies visibility that is essential to compete in global equity markets. RMG
is able to efficiently and effectively implement hybrid solutions that
encompasses not only traditional aspects of IR, but also non-traditional
outreach mediums.
About SelectCore
SelectCore is a leading provider of transaction processing and point-of-sale
solutions for the prepaid telecom market and financial services sector. From
prepaid mobile top-up to stored-value cards, SelectCore services a market of
nearly 80 million underserved and credit-challenged consumers through its
extensive retail distribution network. A public company trading under the symbol
"SCG" on the TSX Venture Exchange, SelectCore was ranked by Profit100 Magazine
as one of Canada's fastest growing companies in 2006, 2007 and 2009.
This news release contains projections and other forward-looking statements
regarding future events. Such statements are predictions, which may involve
known and unknown risks, uncertainties and other factors, which could cause the
actual events or results and objections to differ materially from those
expressed.
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