News Releases
2009 May 1
Xemplar Energy hires Value Relations for European IR
Vancouver, British Columbia, Canada, May 1 2009 –Xemplar Energy Corp. has retained Value Relations (VR), of Germany, to provide investor-relations-related services to the company in Germany, Austria and Switzerland. The agreement with VR, which is subject to regulatory approval, includes a monthly fee of 1,250 euros for a period of a one year.
In addition, the company will pay VR a lump sum of 37,500 euros, of which 18,750 euros shall be paid upon TSX Venture Exchange approval of the consulting agreement and the remaining amount of 18,750 euros shall be paid on Oct. 1, 2009.
The agreement also provides for the granting to VR of an incentive stock option entitling VR to purchase up to 200,000 common shares of the company at an exercise price of $1.15 per common share, valid for a period of 15 months from date of execution of the contract. A total of 40,000 options shall vest during each three-month period of the term.
On behalf of the Board of Directors,
Xemplar Energy Corp.
Simon Tam,
CEO and Director
Disclaimer and Cautionary Statement Regarding Forward-Looking Information
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 press release.
This news release shall not constitute an offer to sell or the solicitation of an offer to buy securities in any and all jurisdictions.
All statements, trend analysis and other information contained in this press release relative to markets about anticipated future events or results constitute forward-looking statements. Forward-looking statements are often, but not always, identified by the use of words such as “seek”, “anticipate”, “believe”, “plan”, “estimate”, “expect” and “intend” and statements that an event or result “may”, “will”, “should”, “could” or “might” occur or be achieved and other similar expressions. Forward-looking statements are subject to business and economic risks and uncertainties and other factors that could cause actual results of operations to differ materially from those contained in the forward-looking statements. Forward-looking statements are based on estimates and opinions of management at the date the statements are made. The Company does not undertake any obligation to update forward-looking statements even if circumstances or management’s estimates or opinions should change. Investors should not place undue reliance on forward-looking statements.
Xemplar Energy Corp. seeks safe harbor.
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