CALGARY, May 9 /CNW/ - Petromanas Energy Inc. ("Petromanas" or the "Company") (TSXV: PMI) today announced that it has
retained The Equicom Group Inc. ("Equicom") to provide strategic
investor relations and communications services.
Equicom provides strategic communications services to approximately 100
public companies across a diverse range of industries. Under the terms
of the agreement, Petromanas will pay Equicom a monthly fee of $6,000
for select strategic communication services. The initial contract term
is 12 months and commences immediately.
Neither Equicom nor any of its principals have an ownership interest,
directly or indirectly, in Petromanas or its securities, nor has the
Company granted Equicom or its principals any rights to acquire any
such interests. Equicom is a wholly-owned subsidiary of TMX Group Inc.
About Petromanas Energy Inc.
Petromanas is an international oil and gas company focused on the
exploration and development of its assets in Albania that possess
world-class resource potential. Petromanas, through its wholly-owned
subsidiary, holds three PSCs with the Albanian government. Under the
terms of the PSCs, Petromanas has a 100% working interest in six
onshore blocks (Blocks A, B, D, E, 2 and 3) that comprise more than 1.6
million acres across Albania's Berati thrust belt.
The foregoing information may contain forward-looking information
relating to the future performance of the Company. Forward looking
information is subject to a number of known and unknown risks,
uncertainties and other factors that may cause actual results to differ
materially from those anticipated in our forward looking statements.
Such risks and other factors include, among others, the actual results
of exploration activities, changes in world commodity markets or equity
markets, the risks of the petroleum industry including, without
limitation, those associated with the environment, delays in obtaining
governmental approvals, permits or financing or in the completion of
development or construction activities, title disputes, change in
government and changes to regulations affecting the oil and gas
industry, and other risks and uncertainties detailed from time to time
in the Company's filings with the Canadian securities administrators
(available at www.SEDAR.com). Forward-looking statements are made based on various assumptions and
on management's beliefs, estimates and opinions on the date the
statements are made. Should one or more of these risks and
uncertainties materialize, or should underlying assumptions prove
incorrect, actual results may vary materially from those described in
the forward-looking information contained herein. The Company
undertakes no obligation to update forward-looking statements if these
assumptions, beliefs, estimates and opinions or other circumstances
should change, except as required by applicable law.
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.
SOURCE Petromanas Energy Inc.
For further information:
For additional information please contact:
| Petromanas Energy Inc. |
Glenn McNamara, CEO
Bill Cummins, CFO
Suite 1720, 734 - 7th Avenue SW
Canada T2P 3P8
Tel: +1 403 457 4400
Fax: +1 403 457 4480
| The Equicom Group |
300 5th Ave. SW, 10th Floor
Calgary, Alberta T2P 3C4
Tel: +1 403 218 2835
Fax: +1 403 218 2830