CALGARY, Nov. 4, 2011 /CNW/ - Shona Energy Company, Inc. (SHO-TSX.V),
announced today 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, Shona will pay Equicom a monthly fee of $7,500 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 Shona 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.
Shona is an international oil and natural gas exploration, development
and production company focusing on South America, specifically Colombia
and Peru. The Company's assets currently include interests in the
Company-operated Esperanza block located in Colombia's Lower Magdalena
Basin, the non-operated Serrania, Los Picachos and Macaya Blocks in
Colombia's Caguan Basin, and the non-operated Block 102 in Peru's
Maranon Basin. The common shares of the Company trade on the TSX
Venture Exchange under the stock symbol "SHO". More information on the
Company is available at www.shonaenergy.com.
The securities of Shona have not been and will not be registered under
the United States Securities Act of 1933, as amended and may not be
offered or sold in the United States absent registration or an
applicable exemption from the registration requirement. This press
release shall not constitute an offer to sell or the solicitation of an
offer to buy nor shall there be any sale of the securities in any
jurisdiction in which such offer, solicitation or sale would be
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 press
SOURCE Shona Energy Company, Inc.
For further information:
please contact either of the following individuals:
| Ricardo Mendieta |
Vice President of Colombia
Shona Energy (Colombia) Limited
Geoproduction Oil and Gas Company of Colombia
| || || || || || || || || || || Shetal Mentlewski |
Vice President of Administration and Legal
Shona Energy Company, Inc.