TORONTO, June 21, 2012 /CNW/ - SelectCore Ltd. ("SelectCore" or the "Company") (TSX-SCG: CCV), a leading prepaid payment solutions provider for underserved markets, today announced that it has retained TMX Equicom ("Equicom") to provide strategic investor relations and financial communications services.
"We have some important milestones ahead of us this year as we expand our business, and we look forward to working with Equicom to communicate our story to a broader cross-section of the investment community." said Keith McKenzie, CEO of SelectCore. Under the terms of the agreement, SelectCore will pay Equicom a minimum monthly retainer fee of $5,000 for investor relations services commencing immediately. The initial term is for twelve months.
Neither Equicom nor any of its principals have an ownership interest, directly or indirectly, in SelectCore or its securities, and SelectCore has not granted Equicom or its principals any right to acquire any such interests.
Equicom is a wholly-owned subsidiary of TMX Group Inc, and provides strategic communications services to approximately 100 public companies across a diverse range of industries from its offices in Toronto, Calgary and San Diego.
Established in 1999, SelectCore is a leading prepaid payment solutions provider for underserved markets. From prepaid stored-value cards to mobile top-up and remittance solutions, SelectCore services a market of millions of under-banked consumers through its technology platforms and extensive retail distribution network. SelectCore is a publicly traded company listed on the TSX Venture Exchange under the symbol "SCG" (TSXV: SCG).
SelectCore was ranked by Profit100 as one of Canada's fastest-growing companies in 2006, 2007, 2009 and 2010. SelectCore was also ranked one of North America's fastest growing companies on Deloitte's 2011 Technology Fast 500 and one of Canada's leading Technology Firms for 2012 on the Branham300. For more information please visit www.selectcore.com
Disclaimer: 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.
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