🕐27.10.09 - 21:11 Uhr
Cabo Drilling Corp Retains Renmark Financial Communications Inc
Cabo Drilling Corp.
Retains Renmark Financial Communications Inc.
North Vancouver, BC – Cabo Drilling Corp.
(“Cabo” or the
“Company”) (TSX-V: CBE) is pleased to announce that it has
retained the services of Renmark Financial Communications Inc.
to
expand its investor relations activities.
"We are pleased to announce that we have selected Renmark to enhance
the visibility of our Company within North America’s investment
community," states Cabo’s CEO and President, Mr.
John Versfelt.
"Investors are looking for quality investments – companies that
offer long term growth and stability.
We are excited about the new
opportunities that are ahead of us and look forward to working with a
firm of Renmark’s caliber to share our story."
Cabo’s in-house IR team will work closely with Renmark to improve
Cabo’s communication with the North America investment community.
Acting as a liaison between Cabo and retail brokers and investors,
Renmark has been retained to strengthen communication links and build
relationships.
Founded in 1999, Renmark started with the vision of building
long-term relationships with the North America financial community to
benefit its public company clients.
Today, Renmark has a diverse group
of clients, on US and Canadian exchanges, from the energy, mining,
forestry, industrial and technology sectors.
Renmark utilizes an
extensive database of brokers and individuals for their outgoing call
program, and works to raise the visibility of companies within the
retail financial community, through road shows, direct investor and
broker contact and follow-up.
In consideration of the services to be provided, the Company will
pay a monthly retainer of $3,500 to Renmark Financial Communications
Inc.
Renmark Financial Communications does not have any interest,
directly or indirectly, in Cabo Drilling Corp.
or its securities, or
any right or intent to acquire such an interest.
About Cabo Drilling Corp.
(TSX-V: CBE)
Cabo Drilling Corp.
is a drilling services company headquartered in
North Vancouver, British Columbia, Canada.
The Company provides
mining related and specialty drilling services through its Canadian
divisions in Surrey, British Columbia; Montréal, Quebec; Kirkland
Lake, Ontario; and Springdale, Newfoundland; as well as Cabo Drilling
de Mexico S.A.
de C.V.
of Hermosillo, Mexico; Cabo Drilling (Panama)
Corp.
of Panama, Republic of Panama; Cabo Drilling Spain S.L.
of
Sevilla, Spain; Balkan States Drilling SH.P.K.
of Tirana, Albania;
Cabo Drilling (Ghana) Limited of Accra, Ghana; and Cabo Drilling
(International) Inc.
The Company’s common shares trade on the
Frankfurt Exchange under the symbol: DHL and on the TSX Venture
Exchange under the symbol: CBE.
ON BEHALF OF THE BOARD
“John A.
Versfelt”
John A.
Versfelt
Chairman, President and CEO
Further information about the Company can be found on the Cabo
website and SEDAR (www.sedar.com) or by
contacting Sheri Barton, Corporate Communications at 403-217-5830 or
Mr.
John A.
Versfelt, Chairman, President & CEO of the Company at
604-984-8894.
For general investor relation inquiries you may also
contact Renmark Financial Communications Inc.
Barbara Komorowski:
or Dan Symons:
at Tel: 514-939-3989 or 416-644-2020.
* * * *
The TSX Venture Exchange does not accept responsibility for the
adequacy or accuracy of this release.
This news release may contain
forward-looking statements including but not limited to comments
regarding the timing and content of upcoming work programs,
geological interpretations, potential mineral recovery processes and
other business transactions timing.
Forward-looking statements
address future events and conditions and therefore, involve inherent
risks and uncertainties.
Actual results may differ materially from
those currently anticipated in such statements.
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