SOURCE ROCK ROYALTIES ENGAGES BRISCO CAPITAL PARTNERS FOR INVESTOR RELATIONS SERVICES
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CALGARY, Alta., August 3, 2022 /CNW/ – Source Rock Royalties Ltd. (“Source Rock”) (TSXV: SRR) (TSXV: SRR.WT), a pure-play oil and gas royalty company with an established light oil-focused royalty portfolio in Saskatchewan and albertaannounces that from August 1, 2022it hired Brisco Capital Partners Corp. (“Brisco”) to provide marketing and investor relations services (the “Services”) to help Source Rock increase investor awareness of its business and actively communicate with the investment community.
In consideration for the Services, Source Rock will pay Brisco a monthly fee of $10,000. Source Rock is committed Brisco for a period of 12 months, however Source Rock may terminate the commitment at any time subject to 30 days notice to Brisco. Source Rock has also agreed to grant Brisco 200,000 options to purchase ordinary shares for a period of 5 years at a price of $0.90 per share.
Brisco is a Calgary, AB full-service investor relations firm with more than two decades of experience working with publicly traded Canadian issuers, with a particular focus on resource companies. Brisco assists its clients in formulating and implementing an investor relations and communications strategy, including introducing its clients to an extensive network of high net worth investors, retail brokers, institutional portfolio managers and specific analysts to industry. The principal of Brisco is Scott Koich. Neither Brisco neither Mr. Koyich currently holds any common stock or warrants of Source Rock.
About Source Rock Royalties Ltd.
Source Rock is a pure-play oil and gas royalty company with an existing, light oil-focused portfolio of royalty interests concentrated in the Southeast Saskatchewaneast-central albertaMidwest alberta and center-west Saskatchewan. Source Rock aims for a balanced business model of growth and return, using funds from operations to pursue accretive royalty acquisitions and to pay dividends. By leveraging its niche industry relationships, Source Rock identifies and acquires both existing royalty interests and newly created royalties through collaboration with industry partners. Source Rock’s strategy is based on maintaining a low-cost corporate structure and delivering a sustainable, scalable business, measured by growing cash flow per share and maintaining strong net income. on its royalty generation.
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 of this release.
SOURCE Source Rock Royalties Ltd.
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