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SXR Sgx Resources (delisted)

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Share Name Share Symbol Market Type
Sgx Resources (delisted) TSXV:SXR TSX Venture Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0 -

SGX Resources Announces Agreements with Investor Relations Consultants

19/06/2013 1:00am

Marketwired Canada


Dale Ginn, CEO of SGX Resources Inc. ("SGX") (TSX VENTURE:SXR), announced today
that SGX has entered into investor relations agreements with each of Octobaan IR
Capital Inc. ("Octobaan") and Escrow Holdings Inc. ("EHI") to provide investor
relations and communications services to SGX. The agreement with Octobaan has a
term of four months and the agreement with EHI has a term of three months.
Pursuant to the agreement with Octobaan, SGX will pay Octobaan $8,000 per month
and issue Octobaan 400,000 incentive stock options within 60 days of the annual
and special meeting of its shareholders (the "Meeting"), which is scheduled to
take place on June 25, 2013. Pursuant to the agreement with EHI, SGX will pay
EHI $2,000 per month and issue EHI 200,000 incentive stock options within 60
days of the Meeting.


The issuance of the options to Octobaan and EHI is subject to the re-approval of
the stock option plan by the shareholders of SGX at the Meeting. The options are
subject to the provisions of the stock option plan of SGX and the policies of
the TSX Venture Exchange. The options issued to Octobaan and EHI will be
exercisable for a period of two years from the date of issuance at a price per
share equal to the market price of SGX's common shares on the date of issuance
of the options. The options shall vest as to 1/4 of the options granted every
three months during the first year of the term of the options. Both Octobaan and
EHI are arm's length parties to SGX and neither Octobaan nor EHI has any direct
or indirect material interest in SGX other than the options described above.


The investor relations agreements between SGX and each of Octobaan and EHI are
subject to the approval of the TSX Venture Exchange.


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 the contents of this News
Release.


The information in this release may contain forward-looking information under
applicable securities laws. This forward-looking information is subject to known
and unknown risks, uncertainties and other factors that may cause actual results
to differ materially from those implied in the forward-looking information.


FOR FURTHER INFORMATION PLEASE CONTACT: 
SGX Resources Inc.
Dale Ginn
204-794-5818


SGX Resources Inc.
Investor Relations
Toll free at 1-888-749-4621
www.sgxresources.com

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