Petrichor Energy Inc.
TSX VENTURE : PTP
FRANKFURT : YQN

Petrichor Energy Inc.

June 06, 2013 12:20 ET

Petrichor Retains Investor Relations Consultant

VANCOUVER, BRITISH COLUMBIA--(Marketwired - June 6, 2013) - Petrichor Energy Inc. ("Petrichor" or the "Company") (TSX VENTURE:PTP)(FRANKFURT:YQN) announces that it has entered into an agreement with Transcend Resource Group ("Transcend") to retain their services to handle the Company's investor relations activities for an initial six month term commencing June 1, 2013 and ending November 1, 2013 (the "Initial Term"), subject to acceptance from the TSX Venture Exchange (the "Exchange").

Trancsend acts as an investor relations consultant for various public companies, and management believes they will help to increase the Company's exposure through Transcend's large network of retail and institutional clients.

For the Initial Term, which may be extended by mutual consent, the Company has agreed to pay Transcend a monthly retainer of $5,000 and grant stock options to Transcend entitling it to purchase up to 90,000 shares at an exercise price of $0.35 per share for a period of three years from the date of grant, in accordance with policies (including required quarterly vesting) of the Exchange.

Services to be provided by Transcend, in consultation with Petrichor, will include, but is not limited to:

  • investor relations (including company information dissemination, inquiry responses, assistance with company events and advertising);
  • investor communications through phone, email and personal contact;
  • dissemination of Company news and information;
  • create and implement an investor relations program that provides investors and interested parties with the information they seek; and
  • provide media and advertising services where and when necessary.

Transcend has confirmed it has no interest, directly or indirectly, in Petrichor or its securities, nor has it any right or intent to acquire an interest.

ON BEHALF OF THE BOARD

Joe DeVries, Chief Executive Officer

Neither the 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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