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TORONTO, Nov. 15, 2013 /CNW/ - Ecuador Gold & Copper Corp. (TSX-V: EGX)
(the "Company") is pleased to announce that it has entered into a services agreement
with Vantage Communication Ltd. ("Vantage") for marketing and advertising services.
Vantage, which has an industry leading website at www.VantageWire.com that provides investors free, real-time stock quotes on all Canadian
and U.S. markets, provides clients with investor relations strategies
delivered through social media, telephone, email and website
information dissemination channels. Vantage is based in Vancouver,
Canada and the principal engaged by the Company from Vantage is Kyle
Johnson.
Mr. Johnson has more than 15 years' experience in on-line marketing and
extensive knowledge in developing effective awareness campaigns. Mr.
Johnson has been involved in the stock market for over 9 years, going
on to co-found Vantage in May 2006.
For its services over the next 12 months, Vantage will receive a payment
of $100,000 (including GST) in advance, funded from general working
capital. Related parties of Vantage intend to purchase common shares
of the Company in a proposed private placement by the Company at a
price of US$0.075 per share for proceeds totalling an aggregate of up
to $100,000, further details of which will be announced in due course.
Except for the services agreement and the proposed private placement,
Vantage does not, and will not upon completion of the private
placement, have any interest, directly or indirectly, in the Company or
its securities. The parties entered into the services agreement on an
arm's length basis.
The services agreement with Vantage and the proposed private placement
are subject to regulatory acceptance of applicable filings with the TSX
Venture Exchange.
About the Company
Ecuador Gold and Copper Corp. is a Canadian exploration-stage mining
company focused on the Condor Gold Project located in the Zamora region
of Ecuador.
Cautionary Note
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 release.
SOURCE Ecuador Gold and Copper Corp.
