WesCan Energy Corp. press release
Blackpool Appoints Investor Relations Firm
TSXV - TSX Venture Exchange · Oil · Natural Gas · Natural Gas Liquids · Canada
CALGARY, Nov. 24 /CNW/ - Blackpool Exploration Ltd. (the "Company" or "Blackpool") (BPX.A - TSX Venture Exchange) has appointed Beaumont Capital Corp. ("Beaumont") to provide investor relations services for an initial term of six months commencing December 1, 2006. Blackpool will pay Beaumont a monthly fee of $5,000.00 together with reimbursement of out of pocket expenses. In addition, Blackpool has granted Beaumont an option to purchase up to 300,000 common shares of Blackpool, exercisable at $0.16 per share on or before the earlier of two years from the date of the grant and thirty days from the termination of the investor relations agreement. The options granted to Beaumont will vest as to twenty-five percent, quarterly. The investor relations services will be performed primarily by Mr. Robert Rowell, the president of Beaumont. Neither Beaumont nor Rowell is currently a significant shareholder of Blackpool.
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