Madalena Engages Storyboard and Hoot for Investor Relations Good to see management focusing on investor relations
Madalena Engages Storyboard and Hoot for Investor Relations and Capital Markets Advisory Services
BUENOS AIRES, Argentina, Jan. 24, 2019 (GLOBE NEWSWIRE) -- Madalena Energy Inc. (“Madalena” or the “Company”) (TSXV: MVN) (OTCQX: MDLNF) is pleased to announce that it has retained the services of Storyboard Communications Corp. (“Storyboard”) and Hoot Research Inc. (“Hoot”), leading investor relations and capital markets advisory firms servicing Canadian small cap companies across the North American markets.
“As Madalena enters a new year, we’re launching a refined communications strategy to further engage with the market and our stakeholders,” said Jose Penafiel, President and Chief Executive Officer of Madalena. “Our story has evolved over the last year and the partnership with Storyboard and Hoot will assist us with increasing our profile as we continue to share exciting developments in the future.”
Storyboard and Hoot will assist the Company with market intelligence, investor targeting and events, along with creative and media outreach.
Under the terms of the agreement, Madalena will pay a monthly retainer of CAD $9,650 for an initial term of 6 months for ongoing strategic communication and capital markets advisory services. At the time of entering into this agreement, neither Storyboard or Hoot, nor any of its executives have an ownership interest, directly or indirectly, in Madalena or its securities, and Madalena has not granted Storyboard or Hoot any right to acquire any such interests.
The engagement of Storyboard and Hoot remains subject to the approval of the TSX Venture Exchange.