EnerGulf Resources Inc.

News

EnerGulf Appoints the Buick Group as Investor Relations Consultant

(DALLAS) EnerGulf Resources Inc. (“the Company”) (TSXV: ENG Frankfurt: EKS) is pleased to advise that it has appointed the Buick Group Corp. (“Buick Group”) as an investor relations consultant.

The Buick Group is a Toronto based firm that specializes in assisting emerging growth companies with public relations, capital markets experience, brand building and brand awareness, and developing and initiating strategies to strengthen relations and communications between companies or individuals associated with the firm. The Buick Group will assist the Company in gaining increased exposure to investors through the dissemination of corporate information to a network of online venues, brokerage firms, financial institutions and private investors.

The arrangement with Buick Group has an indefinite term which may be terminated by either party at the end of any three month period. The Buick Group will be paid a monthly fee of $7,500 for provision of its services and has been granted incentive stock options exercisable to purchase up to 600,000 shares for $0.68 per share until the earlier of the last day of the term and the fifth anniversary of the first day of the term, The options vested as to 25% on the date of grant and will vest as to an additional 12.5% each three months thereafter. The options are subject to acceptance by the TSX Venture Exchange and the terms and conditions of the Company’s stock option plan.

The Buick Group is owned by Mr. Jonathan Buick. It does not currently have any interest, directly or indirectly, in the Company or its securities, but it may choose to acquire shares in the Company in the future. The Buick Group does not intend to undertake any market making activities.

EnerGulf Resources Inc. is a publicly traded international oil and gas exploration company focused on maximizing shareholder value by targeting high impact opportunities in the world’s most prospective hydrocarbon regions. Further information on EnerGulf Resources Inc. can be found on the company’s website www.energulf.com or www.sedar.com

On behalf of the Board of Directors,
EnerGulf Resources Inc.

Jeffrey L. Greenblum , Chairman & CEO

 
 
- EnerGulf Resources Inc.