TSX-V TRADING SYMBOL: CEC
VANCOUVER, March 4 /PRNewswire/ - Compliance Energy Corporation ("Compliance" or the "Company) is pleased to update its shareholders regarding the following investor relations activities.
Investor Relations Consultant Retained
The Company is pleased to announce that it has renewed the services of Mr. Greg Werbowski as our investor relations consultant. Mr. Werbowski has over 10 years of investor relations services experience for several public companies listed both in Canada and the United States. Prior to entering the investor relations field Mr. Werbowski was an investment advisor with a Canadian brokerage house.
Mr. Werbowski will be responsible for all shareholder and investment advisor relationship activities. Mr. Werbowski will be paid $5,000 per month. The agreement, effective March 1, 2011, is for 2 years. In addition, Mr. Werbowski has been granted 75,000 share purchase options exercisable at $0.36 per share for a period of three years, subject to the approval of the TSX Venture Exchange.
Presentations at PDAC Annual Conference
The Company will be exhibiting at the Prospectors and Developers Association of Canada's annual conference being held in Toronto, Ontario March 5-9, 2011. Please visit us at Booth 3324 to meet with management. Mr. John Tapics, President and CEO, will also be presenting an update of the corporate activities of the Company in the PDAC Exchange Forum, on Tuesday, March 8, 2011 at 3:00 p.m. in room 801B in the Metro Toronto Convention Centre South Building.
About Compliance Energy Corporation
Compliance Energy Corporation is a mining exploration and development company. Our primary holding is our interest in over 75,000 acres of coal and mineral rights on Vancouver Island, British Columbia, where we are focused on developing the Raven Underground Coal Project of which we hold a 60% interest. The remaining 40% is owned by I-Comox Coal Inc. a subsidiary of Itochu Corporation of Japan and by LG International Investments (Canada) Limited, a subsidiary of LG International Corp. of Korea.
The Company also owns a number of exploration properties on Vancouver Island, BC which are 100% owned by the Company, some subject to certain royalty requirements. Our shares trade on the TSX Venture Exchange under the symbol CEC and investor information is available on our web site at www.complianceenergy.com.
On behalf of the Board of
COMPLIANCE ENERGY CORPORATION
John Tapics
Chief Executive Officer
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.
Note: This release contains forward-looking statements that involve risks and uncertainties. These statements may differ materially from actual future events or results. Readers are referred to the documents, filed by the Company on SEDAR at www.sedar.com, specifically the most recent reports which identify important risk factors that could cause actual results to differ from those contained in the forward-looking statements. The Company undertakes no obligation to review or confirm analysts' expectations or estimates or to release publicly any revisions to any forward-looking statements.
Compliance Energy Corporation
CONTACT: Contact Greg Werbowski, Investor Relations at 604-689-0489 ext
244
