Long Harbour Retains Senergy Communications Inc. for Investor Relations Services
05 March 2011 - 1:00AM
Marketwired
Long Harbour Capital Corp. (TSX VENTURE: LHC) is pleased to
announce it has retained Senergy Communications Inc. ("Senergy"),
of Vancouver, British Columbia, to provide investor relations
services.
Senergy has been a full-service provider of investor relations,
corporate communications and marketing services to public companies
in Canada since 2006.
Senergy will initially receive a monthly retainer of $2,500.
This monthly amount may increase to $7,000 as Long Harbour's
business activities increase. The monthly retainer will be paid
from Long Harbour's unallocated working capital. Senergy is
retained for a period of 12-months. Long Harbour will also issue,
to Senergy and an employee of Senergy, options to purchase a total
of 180,000 common shares of Long Harbour pursuant to the company's
stock option plan. The options are exercisable at a price of $0.26
CAD per share. The options will vest in accordance with TSX Venture
Exchange guidelines.
Senergy is at arm's length to Long Harbour, and is owned by
Anthony Zelen. Senergy advises that it does not own any securities
of Long Harbour, aside from the stock options referred to
above.
Anthony Zelen, President of Senergy Communications, comments
that, "Senergy Communications is excited about the prospect of
working with the Long Harbour team and to assist them in growing
the company's shareholder value and their investor base. We look
forward to building a long lasting relationship with both the
company and its shareholders."
Neither the 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.
Contacts: Senergy Communications Inc. Graham Johnstone
778-331-2030 lhc@senergyir.com www.senergyir.com Long Harbour
Capital Corp. Geoff Lee CFO 604-602-9222 604-648-2201 (FAX)
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