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Primeline Energy Holdings Inc V.PEH.H

Primeline Energy Holdings Inc. (Primeline) is a Hong Kong-based company engaged in the exploration of oil and gas properties located in China. The Company owns exploration and development rights in the East China Sea pursuant to two Petroleum Contracts, one in relation to Block 25/34 (Petroleum Contract 25/34) and one in relation to Block 33/07 (Petroleum Contract 33/07). The Company has approximately 36.75% interest in the producing LS36-1 gas field in Block 25/34 which comprises an offshore area of approximately 84.7 square kilometers. Primeline is the operator of the Petroleum Contract with China National Offshore Oil Corporation (CNOOC) for Block 33/07. Block 33/07 covers an offshore area of approximately 5,877 square kilometers (1.45 million acres), enclosing Block 25/34. The Company's subsidiaries include Primeline Energy China Limited (PECL) and Primeline Energy Operations International Limited (PEOIL).


TSXV:PEH.H - Post by User

Post by Upside1234on Aug 19, 2017 2:19pm
226 Views
Post# 26599768

Awareness and institutional buyers....hopefully!

Awareness and institutional buyers....hopefully!

HONG KONG, Aug. 16, 2017 (GLOBE NEWSWIRE) -- Primeline Energy Holdings Inc. (“Primeline” or the “Company”) (TSXV:PEH), listed on the TSX Venture Exchange Inc. under the trading symbol “PEH,” announced today that the Company has appointed FronTier Consulting Ltd, part of the Merchant Capital Group (“FronTier”) as its new investment relations and marketing consultant. 

FronTier is an investor relations group with a home office in Toronto, Canada. FronTier will assist the company by increasing market awareness for the company using a number of financial market communications initiatives, including facilitating in-person introductions for the company with institutional and retail brokers in Toronto and other financial capitals, and through media distribution on national television, radio and multiple on-line channels. Under the terms of the engagement, FronTier has been retained for a 12-month period at $87,000 per annum plus direct expenses, to be paid from general corporate funds.


Read more at https://www.stockhouse.com/news/press-releases/2017/08/16/primeline-retains-frontier-merchant-capital-group-for-investor-relations-and#BJzpoi1QxmJavCQR.99

i am hopeful this can make a difference and create some interest among institutional buyers. I think they've tried this in the past but perhaps this group can make it work. BLTA.
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