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Petromin Enters Into Investor Relation Agreement with MGI
 
Petromin Enters Into Investor Relation Agreement with MGI

Tuesday, 11 December 2012

Petromin Resources Ltd.  is pleased to announce it has entered into an investor relations consulting services agreement with MGI and Associates PR.

MGI is engaged in the business of providing investor relations consultancy services, and possesses an extensive background in the investment community, including investor relations for both public and private corporations. MGI is a Vancouver based investor relations firm founded in 2006.

The agreement has an initial term of 12 months, pursuant to which MGI will provide investor relations services to the Company to increase awareness in the investment community and will co-ordinate all of Petromin’s public and investor relations activities. MGI will provide corporate information to its large following of investors and will also communicate information regarding the Company through its relationships with newsletter writers, brokers, media and analysts, in accordance with the policies of the TSX Venture Exchange. MGI will receive monthly compensation of $7,500.00 per month.

In addition, MGI will receive reimbursement for related expenses and a total of 500,000 options at 0.15 to purchase common shares in the capital of the Company pursuant to the terms of the Company's stock option plan. The options will have an expiry date of two years from the date of the agreement or, if the agreement is earlier terminated, 30 days from such termination date. 

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