Vancouver, BC, Canada / TheNewswire / July 25, 2016 - Equitorial Exploration Corp. (TSX Venture Exchange: EXX, Frankfurt: EE1) ("Equitorial") is pleased to announce that it has retained Trapeze Capital Corp. ("Trapeze") to provide market-making services in accordance with TSX Venture Exchange ("TSX.V") policies. Trapeze will trade shares of the Company on the TSX.V with the objective of contributing to market liquidity of the Company's shares.
Under the terms of the agreement (the "Agreement"), with an effective date of July 25, 2016, Trapeze will receive compensation of $5,500 per month. Trapeze will not receive shares or options as compensation. However, Trapeze and its clients may have or may acquire a direct interest in the securities of Equitorial. Equitorial and Trapeze are unrelated and unaffiliated entities; Trapeze is a member of the Investment Industry Regulatory Organization of Canada, a participating organization of TSX and a member of TSX.V. The capital and securities required for any trade undertaken by Trapeze as principal will be provided by Trapeze.
The Agreement is for an initial term of 180 days and shall be automatically renewed for subsequent 180 day periods unless terminated earlier by 30 days' notice.
On behalf of the Board of Directors
EQUITORIAL EXPLORATION CORP.
Jack Bal, President and Director
For further information, please contact Jack Bal at 604-306-5285
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.
THIS NEWS RELEASE IS INTENDED FOR DISTRIBUTION IN CANADA ONLY AND IS NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES
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