Hillcrest Petroleum Ltd (CVE:HRH) has hired Torrey Hills Capital, an investor and financial public relations firm specialising in small-cap and microcap companies, to provide investor relations (IR) services.
The firm based in Rancho Santa Fe, California, has been hired for an initial term of 12 months at $3,000 in the first month, $5,000 in month two and $6,500 in the third and for all subsequent months.
Torrey Hills Capital will increase awareness about Hillcrest through its established relationships with investment professionals, investment advisers and money managers focused on the microcap market space, Hillcrest said.
This will allow the company to build and maintain an informed investor audience in both the US and Canadian markets.
The appointment remains subject to regulatory acceptance of applicable filings with the Toronto venture exchange.