VANCOUVER, BRITISH COLUMBIA--(Marketwire - March 4, 2011) - Long Harbour Capital Corp. (TSX VENTURE:LHC) is pleased to announce it has retained Senergy Communications Inc. ("Senergy"), of Vancouver, British Columbia, to provide investor relations services.
Senergy has been a full-service provider of investor relations, corporate communications and marketing services to public companies in Canada since 2006.
Senergy will initially receive a monthly retainer of $2,500. This monthly amount may increase to $7,000 as Long Harbour's business activities increase. The monthly retainer will be paid from Long Harbour's unallocated working capital. Senergy is retained for a period of 12-months. Long Harbour will also issue, to Senergy and an employee of Senergy, options to purchase a total of 180,000 common shares of Long Harbour pursuant to the company's stock option plan. The options are exercisable at a price of $0.26 CAD per share. The options will vest in accordance with TSX Venture Exchange guidelines.
Senergy is at arm's length to Long Harbour, and is owned by Anthony Zelen. Senergy advises that it does not own any securities of Long Harbour, aside from the stock options referred to above.
Anthony Zelen, President of Senergy Communications, comments that, "Senergy Communications is excited about the prospect of working with the Long Harbour team and to assist them in growing the company's shareholder value and their investor base. We look forward to building a long lasting relationship with both the company and its shareholders."