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TORONTO, Nov. 15, 2013 /CNW/ - Ecuador Gold & Copper Corp. (TSX-V: EGX) (the "Company") is pleased to announce that it has entered into a services agreement with Vantage Communication Ltd. ("Vantage") for marketing and advertising services.
Vantage, which has an industry leading website at www.VantageWire.com that provides investors free, real-time stock quotes on all Canadian and U.S. markets, provides clients with investor relations strategies delivered through social media, telephone, email and website information dissemination channels. Vantage is based in Vancouver, Canada and the principal engaged by the Company from Vantage is Kyle Johnson.
Mr. Johnson has more than 15 years' experience in on-line marketing and extensive knowledge in developing effective awareness campaigns. Mr. Johnson has been involved in the stock market for over 9 years, going on to co-found Vantage in May 2006.
For its services over the next 12 months, Vantage will receive a payment of $100,000 (including GST) in advance, funded from general working capital. Related parties of Vantage intend to purchase common shares of the Company in a proposed private placement by the Company at a price of US$0.075 per share for proceeds totalling an aggregate of up to $100,000, further details of which will be announced in due course. Except for the services agreement and the proposed private placement, Vantage does not, and will not upon completion of the private placement, have any interest, directly or indirectly, in the Company or its securities. The parties entered into the services agreement on an arm's length basis.
The services agreement with Vantage and the proposed private placement are subject to regulatory acceptance of applicable filings with the TSX Venture Exchange.
About the Company
Ecuador Gold and Copper Corp. is a Canadian exploration-stage mining company focused on the Condor Gold Project located in the Zamora region of Ecuador.
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: Ecuador Gold and Copper Corp.
For further information:
Chief Executive Officer & President
Telephone: (647) 865-3101
E-mail: [email protected]