CALGARY, May 18 /CNW/ - Wescorp Energy, Inc. (Wescorp) (OTCBB: WSCE) has engaged Viewpoint Securities, LLC to assist in evaluating corporate and equipment financing strategies, as well as identifying potential partners and opportunities to assist with the deployment of Wescorp's H2Omaxx technology.
"Viewpoint has strengths in the three key industry sectors relevant to Wescorp - oil and gas, water, and clean technology" stated Robert G. Power, Executive Chairman of Wescorp's Board. "Wescorp will need to develop financing capability, to enable it to meet equipment orders and general growth. Viewpoint's experience will provide Wescorp with access to industry relevant financing sources and guidance on finance-structuring. Equally important, while Wescorp is an oil and gas opportunity, it is also a water and clean technology opportunity. With Viewpoint's assistance, Wescorp will focus on getting this message to the right audiences."
About the H2Omaxx Technology
H2Omaxx utilizes proprietary next generation aeration technology to clean and separate oil and solids from water. It has been proven to be safe, effective, economical and an environmentally-friendly process. Independent test results have shown the H2Omaxx technology will reduce the oil content in produced water to less than 10 parts per million without the use of chemicals, filters or heat.
About Wescorp Energy Inc.
Wescorp (www.wescorpenergy.com) is a clean water technology company focused on implementing its superior, low-cost, water purification solutions for the oil and gas production industry and for marine remediation projects across North America. Wescorp's innovative clean technology is designed to meet increasing government regulations needs of our industry and society in general.
About Viewpoint Securities, LLC.
Viewpoint Securities, LLC (www.vpsecurities.com) is a FINRA-member broker/dealer committed to providing effective solutions that suit the particular, specialized needs of emerging growth companies and fund managers.
Safe Harbour Statement
Any statements contained herein that are not historical facts may be forward-looking statements. Forward-looking statements include statements regarding the intent, belief or current expectations of the Company, are based on certain assumptions, and involve known and unknown risks and uncertainties. Many factors could cause actual results to differ materially from those expressed or implied by the forward-looking statements. Information on the potential factors that could affect the Company's actual results of operations as well as other risks to the Company or its business may be further discussed in periodic reports and registration statements to be filed by the Company from time to time with the U.S. Securities and Exchange Commission.
SOURCE WESCORP ENERGY INC.
For further information: Investor Relations Contact: Patricia Lew-Lapointe, Manager, Investor Relations, Direct: (403) 513-6928, Toll-free: 1-877-247-1975, firstname.lastname@example.org