CALGARY, ALBERTA--(Marketwired - Nov. 5, 2015) -
NOT FOR DISSEMINATION IN THE UNITED STATES OF AMERICA
DIVERGENT Energy Services Corp. ("Divergent" or the "Corporation") (TSX VENTURE:DVG) is pleased to announce that it has entered into an agreement for investor relations services.
Investor Relations Firm Retained
Divergent announces it has retained 5 Quarters Investor Relations, Inc. ("5QIR") to provide strategic investor relations ("IR") services on behalf of the Corporation. 5QIR is a Calgary-based IR consulting firm which will provide strategic counsel with respect to shareholder communications, capital markets engagement, continuous disclosure compliance and proactive corporate outreach programs.
Under the terms of the Investor Relations agreement dated October 29, 2015 between Divergent and 5QIR (the "Agreement"), 5QIR will provide IR services to Divergent, billed hourly, with variable monthly compensation up to a maximum of $2,100 per month for a term of three months, after which time the Agreement will automatically renew on the same terms, subject to termination upon 30 days' written notice by either party. 5QIR acts at arm's length to Divergent and does not have any interest, direct or indirect, in the Corporation or its securities, or any right or intent to acquire such an interest.
The appointment of 5QIR remains subject to approval by the TSX Venture Exchange.
ABOUT DIVERGENT ENERGY SERVICES CORP.
Headquartered in Calgary, Alberta, DIVERGENT Energy Services Corp. provides an array of Artificial Lift products and services that are used in the oil and gas industry. Products include Electromagnetic Pumps, Electric Submersible Pumps, and Electric Submersible Progressing Cavity Pumps.
This news release contains forward-looking statements that involve risks and uncertainties. Forward-looking statements or information are based on current expectations, estimates and projections that involve a number of risks and uncertainties which could cause actual results to differ materially from those anticipated by Divergent. The forward-looking statements or information contained in this news release are made as of the date hereof and Divergent does not undertake any obligation to update publicly or revise any forward-looking statements or information, whether as a result of new information, future events or otherwise, unless so required by applicable securities laws.
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.