Accent to Provide Investor and Media Relations Services to the European
CALGARY, Sept. 4, 2012 /CNW/ - Ridgeline Energy Services Inc.
("Ridgeline" or the "Company") (TSXV: RLE, OTCQX: RGDEF, FSE: RL7) an
energy services and water treatment company, today announced it has
retained Accent Marketing Gmbh ("Accent") as its investor relations
firm to help broaden awareness of the company within the European
professional investment community and financial media.
The agreement is a renewable six month consulting contract starting
September 1, 2012 up to and including February 28, 2012. Accent will
receive a fee of €22,000 in two equal installments paid September 1,
2012 and November 1, 2012.
Tony Ker, CEO of Ridgeline Energy Services Inc., commented, "Graduating
from a relatively short three year research and development phase, to
full commercial deployment of our water treatment technology, we feel
it is the right time to expand our market presence into the European
financial community. Drawing on the depth of Accent's network through
institutional roadshows, investment conferences, media interviews and
international webcasts, we anticipate a further broadening of our
shareholder base and investor awareness."
Jörg Schweizer of Accent Marketing commented, "We believe the
environmentally positive nature of Ridgelines business and expected
high margin, strong revenue growth, will resonate well with the
European financial community. The upcoming months and years are set to
be exciting for Ridgeline as they ramp up manufacturing capacity and
expand the commercial roll out of their innovative water treatment
technology. We look forward to working with Ridgeline at developing a
solid presence in Europe with the investment community and financial
The Company has also granted Accent 125,000 incentive options to
purchase common shares of the Company at a price of $0.65 per share for
a period of 5 years. The options are subject to the following vesting
period: 75,000 immediately, 25,000 after 3 months and another 25,000 at
six months. The options will be granted in accordance with the
Company's share award plan and as set forth by TSX Venture Exchange
policy. Both the options and the investor relations consulting
agreement are subject to the approval of the TSX Venture Exchange.
About Accent Marketing Gmbh
Led by Jörg Schweizer, Accent Marketing is a provider of Financial
Public Relations for companies trading in the German market.
Established in 2003, Accent Marketing is a pioneer in combined media
and online public relations for small and mid-cap public companies from
Europe, North America and Australia. Accent maintains its offices in
Munich, Germany and works closely with financial analysts, advisors,
investors and the financial media.
About Ridgeline Energy Services Inc.
Ridgeline Energy Services Inc. is an energy services and water treatment
company. The Company is applying proprietary technology to treat water
generated from industrial and commercial waste water markets. These
markets include a wide variety of clients across a broad spectrum of
industries including oil and gas. Through its environmental consulting
and remediation divisions, Ridgeline Environment has built a reputation
as an established provider of environmental services to the Western
Canadian oil and gas industry. Ridgeline GreenFill provides soil
remediation and wet waste disposal services to the oil and gas
industry. The Company trades on the TSX Venture Exchange under the
symbol "RLE", the OTCQX as "RGDEF" and the Frankfurt Stock Exchange as
Additional information is available on the Company's website at: www.ridgelinecanada.com.
ON BEHALF OF THE BOARD OF DIRECTORS
Tony Ker, CEO
"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 news
release. This news release may contain forward-looking statements.
Forward-looking statements address future events and conditions and
therefore, involve inherent risks and uncertainties. Actual results may
differ materially from those currently anticipated in such statements. Such information is subject to known and unknown risks, uncertainties
and other factors that could influence actual results or events and
cause actual results or events to differ materially from those stated,
anticipated or implied in the forward-looking information. Readers are
cautioned not to place undue reliance on forward-looking information,
as no assurances can be given as to future results, levels of activity
SOURCE: Ridgeline Energy Services Inc.
For further information:
Ridgeline Energy Services Inc.
(604) 566-8066 ext. 3 (Vancouver)
Robert Blum, Joe Diaz or Joe Dorame
Lytham Partners, LLC
(602) 889-9700 (Phoenix)