RED BANK, N.J., April 23, 2014 /CNW/ - Natcore Technology Inc. (TSX-V: NXT; NTCXF.PK) has retained the services of Stonegate, Inc. to provide investor relations services to the company, subject to regulatory approval.
Stonegate Securities is a 40-year old research and investment banking firm. Their research covers companies in a variety of industries and is distributed to their network of institutional investors. Based in Dallas, Texas, Stonegate's primary focus is assisting small cap companies achieve financial goals
"Natcore has matured to the point where it's time for us to approach institutional investors," says Chuck Provini, Natcore's President and CEO. "I've spent 30 years on Wall Street, and I know the criteria used by the institutional community when they make investment decisions. We're meeting those criteria.
"So we selected Stonegate because of their expertise in the institutional market. They should help us increase our shareholder base and provide share price support. They'll have us making presentations to institutions by the end of April."
Stonegate will receive a fee of US$7,500 per month for two months commencing April 4, 2014. Thereafter the fee would drop to $5,000 per month. The contract may be cancelled in writing prior to the third month of the agreement.
Statements in this press release other than purely historical factual information, including statements relating to revenues or profits, or the Company's future plans and objectives, or expected sales, cash flows, and capital expenditures constitute forward-looking statements. Forward-looking statements are based on numerous assumptions and are subject to all of the risks and uncertainties inherent in the Company's business, including risks inherent in the technology history. There can be no assurance that such forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on such statements. Except in accordance with applicable securities laws, the Company expressly disclaims any obligation to update any forward-looking statements or forward-looking statements that are incorporated by reference herein.
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.
Contact: Chuck Provini
SOURCE: Natcore Technology Inc.