Thelon Engages Primoris Group Inc., Toronto
Under the leadership of principals Joseph Carusone and Nick Boutsalis, Primoris Group will provide the Company with a full range of media relations services, coordinating editorial coverage through print, radio and TV, and online media outlets.
Under the terms of the agreement, which commences Sep 14, 2011 for a one-year period, Primoris Group will execute a comprehensive communications program to support the Company's growth strategy, for which it will be paid a fee of $7,000 per month. Primoris Group has also been granted options to purchase 200,000 common shares (being set as of today's date) of the Company exercisable for a period of Two years from the date of issuance (the 'Options'). The Options will vest over an 18-month period.
The agreement between the Company and Primoris Group and the grant of Options are subject to regulatory approval. Primoris Group does not currently have any interest, directly or indirectly, in Thelon Capital or its securities, or any right or intent to acquire such an interest.
THELON CAPITAL LTD.
On behalf of the Board of Directors
Jason Walsh, President
Neither the TSX Venture Exchange nor the Investment Industry Regulatory Organization of Canada accepts responsibility for the adequacy or accuracy of this release.
Contacts:
Thelon Capital Ltd.
Jason Walsh, President
(604) 682-1643
(604) 682-1666 (FAX)
www.theloncapital.com