RED BANK, N.J., June 10, 2013 /PRNewswire/ -- Natcore Technology Inc. (TSX-V: NXT; NTCXF.PK) has retained the services of San Diego Torrey Hills Capital, Inc. ("Torrey Hills") to provide investor relations services to the company, subject to regulatory approval.
Torrey Hills operates as a financial investor and public relations company serving retail and institutional small cap and microcap investors in the United States, Canada, and Australia. Founded in 1998, they are based in Rancho Santa Fe, California.
"Torrey Hills will be responsible for introducing Natcore to brokerage firms in geographic areas where we haven't had much penetration," says Tom Scarpa, Natcore's Senior Vice President–Investor Relations. "We selected them because of their West Coast location and because they have strengths in the southwestern U.S., the Pacific northwest, and the American Midwest. They should help us increase our shareholder base and provide share price support."
Torrey Hills will receive a fee of US$6,000 per month commencing June 1, 2013. In addition, Torrey Hills will receive a one-time issuance of three-year options to purchase 100,000 shares of Natcore's common stock. The initial term of the contract is three months.
Statements in this press release other than purely historical factual information, including statements relating to revenues or profits, or the Company's future plans and objectives, or expected sales, cash flows, and capital expenditures constitute forward-looking statements. Forward-looking statements are based on numerous assumptions and are subject to all of the risks and uncertainties inherent in the Company's business, including risks inherent in the technology history. There can be no assurance that such forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on such statements. Except in accordance with applicable securities laws, the Company expressly disclaims any obligation to update any forward-looking statements or forward-looking statements that are incorporated by reference herein.
Neither 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.
Contact: Tom Scarpa
SOURCE Natcore Technology Inc.