CALGARY, Aug. 13, 2014 /CNW/ - Petro-Victory Energy Corp. ("Petro-Victory" or the "Company") (TSX-V: VRY)
Petro-Victory is pleased to announce, subject to TSX Venture Exchange acceptance, the company has retained the services of Brisco Capital Partners Corp. ("Brisco") to provide Investor Relations services.
Brisco is a capital markets consultancy founded by Scott Koyich and has been providing Investor Relations strategies for over 16 years to public companies.
Brisco will assist in fostering productive, continuing dialogues with analysts, brokers, investors and other investment professionals within the financial community. The Calgary-based firm takes a full-service approach and provides creative, effective investor relations programs for Canadian Public Companies.
"It is rare to come across an untapped high impact exploration opportunity like Petro-Victory. Over 55 million dollars (USD) has been spent to date in the ground, pointing to three deep basin targets in the country of Paraguay. Currently drilling with operator President Energy (AIM: PPC.L), we are excited to put Petro-Victory on the radar of the World Wide investment community." Says Brisco president Scott Koyich.
The agreement with Brisco is effective immediately and may be terminated by either party with 30 days of written notice. Brisco will receive a monthly fee of USD$6,000 and is being granted 250,000 stock options exercisable at a price of $0.40 per common shares. The options follow the guidelines as set out in the company's stock option plan and as set by the TSX Venture Exchange.
In addition, Petro-Victory is pleased to announce the launch of its corporate website: www.petrovictoryenergy.com
Petro-Victory Energy Corp. is a publicly held British Virgin Islands exploration company focused on Latin America with headquarters based in Fort Worth, Texas, United States. Petro-Victory pursues its growth by applying a combination of technical knowledge (its own and third parties' knowledge and expertise) with its current primary focus in the Pirity Block Concession located in Paraguay.
Petro-Victory continues to apply a variety of strategies and procedures to create and add value to its assets and deliver earnings, reasonable profits, and business success to its shareholders.
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.
SOURCE: Petro-Victory Energy Corp.
For further information: Petro-Victory Energy Corp., Richard F. Gonzalez, CEO - 972-239-3084; Petro-Victory Energy Corp., Mark Bronson, CFO and Corporate Secretary - 817-838-4744