|By Marketwired .||
|August 6, 2014 07:30 PM EDT||
DENVER, COLORADO and BRISBANE, QUEENSLAND and VANCOUVER, BRITISH COLUMBIA -- (Marketwired) -- 08/06/14 -- The directors and management of Strata-X Energy Ltd. ("Strata-X" or the "Company") (TSX VENTURE: SXE)(ASX: SXA) are pleased to announce that the Company has retained The Communique Group to provide investor relations services in Australia. The Communique Group is based in Sydney, NSW, Australia.
Julia Maguire, the Principal of The Communique Group, will lead the Strata-X investor relations program. Julia is well known within the Australian natural resources investment community and is well placed to represent the Company in its Asia Pacific Marketing.
Julia has successfully built an extensive network of stakeholders and partners within financial services across Asia, Europe, North America, and the United Kingdom. Her global relationships combined with a strong understanding of the natural resources sector, participants, and trends have enabled her to deliver the right solutions to help clients and partners achieve their strategic business goals.
The Communique Group will assist the Company in developing a comprehensive investor relations program for the Australian market as well as the implementation of that plan. The Communique Group will also, among other things, assist in developing the Company's profile with the investment community, target and introduce the Company to prospective investors and analysts and manage those ongoing relationships.
The Communique Group will provide services on a consulting basis pursuant to the terms of engagement dated July 24, 2014. The Communique Group will receive consulting fees totaling AUS$5,000 per month (plus applicable taxes). The initial appointment is for a period of 6 months. Either party may terminate the agreement after three months.
Strata-X is a Denver, Colorado (USA) based company and is engaged in the business of oil and gas exploration and development with a variety of exploration opportunities in North Dakota, California, Texas, Illinois and Western Australia and production and development opportunities in California. Strata-X has 146,288,969 common shares outstanding and trades under the symbol "SXE" on the TSX-V and "SXA" on the ASX.
This announcement was made in Canada for the TSX.V and in Australia for the ASX.
Public documents for Strata-X Energy Ltd. can be found at SEDAR (Canada) (www.sedar.com) and ASX.com.au (Australia).
This news release contains forward-looking statements, which relate to future events or future performance and reflect management's current expectations and assumptions. The use of any of the words "anticipate", "continue", "estimate", "expect", 'may", "will", "project", "should", 'believe", and similar expressions is intended to identify forward-looking statements. Such forward-looking statements reflect management's current beliefs and are based on assumptions made by and information currently available to the Company. Readers are cautioned that these forward-looking statements are neither promises nor guarantees, and are subject to risks and uncertainties that may cause future results to differ materially from those expected and the forward-looking statements included in this news release should not be unduly relied upon. See "Risks and Uncertainties" in the Company's Filing Statement dated August 30, 2011 available on SEDAR at www.sedar.com. These forward-looking statements are made as of the date hereof and the Company does not assume any obligation to update or revise them to reflect new events or circumstances save as required under applicable securities legislation. This news release does not constitute an offer to sell securities and the Company is not soliciting an offer to buy securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of such jurisdiction.
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.