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TRV hires IR firm
Jan 29, 2010 07:26PM
Trivello hires Strike Communications for IR services
2010-01-29 16:21 ET - News Release
Mr. Arndt Roehlig reports
TRIVELLO HIRES STRIKE COMMUNICATIONS FOR EXTERNAL INVESTOR RELATIONS
Trivello Energy Corp. has entered into an investor relations consulting agreement with Strike Communications Inc., whereby Strike will work with the company to provide public relations support, investor communications and marketing strategies. In consideration for these services, Strike will receive a fee of $6,500 payable monthly for an initial term of three months. The agreement may be renewed on a month to month basis at the option of the company.
In addition, Strike will be entitled to 200,000 stock options at a price of 10 cents per share. All stock options granted to Strike will vest in accordance with the company's stock option plan and the policies of the TSX Venture Exchange. The consulting agreement, the payment of the cash fee and the issuance of stock options are subject to the approval of the TSX Venture Exchange.
There is no prior relationship between the company and Strike, nor is there any prior direct or indirect interest in the company or its securities or any right to acquire such an interest on the part of Strike.
In addition, the company announces that it has granted an aggregate of 500,000 stock options to directors, officers, consultants and employees of the company, exercisable at a price of 10 cents per share for five years expiring Jan. 28, 2015.