Amseco Exploration Ltd.

Amseco Exploration Ltd.

November 15, 2010 14:49 ET

Amseco Appoints Paradox Public Relations-Grants Additional Options

MONTREAL, QUEBEC--(Marketwire - Nov. 15, 2010) - Amseco Exploration Ltd. (TSX VENTURE:AEL) ("Amseco") is pleased to announce, subject to regulatory approval, it has retained the services of Paradox Public Relations Inc. as strategic investor relations consultants to the company.

Paradox will focus on developing and expanding Amseco's communications with the investment community through a comprehensive investor relations program. Paradox provides investor relations services to businesses in multiple industries since about eight years. Services to be provided to Amseco include: marketing to the investment community, use of Paradox's proprietary database and contacts, organizing meetings and presentations on behalf of the company, and providing an e-mail service and incoming call service.

Paradox's contract started on November 1st, 2010, for a monthly of fee of $6,000+TPS & GST for professional services for a period of 24 months, with the fee due and payable at the beginning of every month. The agreement can be terminated by either parties after six months with a one month notice. Paradox has been granted 450,000 incentive stock options exercisable at a price of $0.15 per share, for a period of two years. The options shall vest and become exercisable as to one quarter of the number granted on a quarterly basis over the ensuing year, and shall expire 30 days upon termination of the agreement.

We seek safe harbor

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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