SOURCE: Czech Republic Resource Corp.

April 16, 2010 08:00 ET

Czech Republic Resource Corp. Retains Hilbroy Advisory, Inc

NEW YORK, NY--(Marketwire - April 16, 2010) -  Czech Republic Resource Corp. (PINKSHEETS: CZHC) announced today that it has retained the services of Hilbroy Advisory, Inc. to help manage its investment banking and corporate affairs.

Hilbroy Advisory's initial task will be to help manage financial and public disclosure through the Pinksheets News Service. Hilbroy Advisory will also advise management on negotiations with institutional investors and investor relations.

"Hilbroy Advisory will add significant experience in dealing with institutional investors as well as assist management with all public disclosure and investor relations," said Revell Murphy, President and CEO of Czech Republic Resource Corp. "Their access and reach to investors and potential acquisition will also be key in the development of our company," further added Mr. Murphy.

About Czech Republic Resource Corp.:
Czech Republic Resource Corp. is an independent producer of oil and gas. The Company is engaged in the acquisition, exploration, and development of properties for production of crude oil and natural gas, targeting primarily known wells in the state of Louisiana. The Company targets properties with an aim to build value for shareholders and produce solid revenues and profitability. For more information please visit: http://www.czechresource-ir.com/

Important Information:
About Forward-Looking Statements: Statements in this press release may be "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Words such as "anticipate," "believe," "estimate," "expect," "intend" and similar expressions, as they relate to the company or its management, identify forward-looking statements. These statements are based on current expectations, estimates and projections about the company's business based, in part, on assumptions made by management. These statements are not guarantees of future performance and involve risks, uncertainties and assumptions that are difficult to predict. Therefore, actual outcomes and results may, and probably will, differ materially from what is expressed or forecasted in such forward-looking statements due to numerous factors, including those described above. In addition, such statements could be affected by risks and uncertainties related to the exploration for and development of mineralized material, product demand, market and customer acceptance, competition, pricing and development difficulties, as well as general industry and market conditions and growth rates and general economic conditions. Any forward-looking statements speak only as of the date on which they are made, and the company does not undertake any obligation to update any forward-looking statement to reflect events or circumstances after the date of this release. Information on the Company's website does not constitute a part of this release.

Contact Information

  • Contact: Jara Meger
    Telephone: +420.220.571.134