/NOT FOR DISTRIBUTION TO U.S. NEWS WIRE
SERVICES OR FOR DISSEMINATION IN THE
UNITED STATES/
KELOWNA, BC, June 8, 2017 /CNW/ - Georox Resources Inc.
("Georox" or the "Corporation") (GXR: TSX-V;
OF6A:FRA) announces it has signed an agreement with Zimtu Capital
Corp. for its ZimtuADVANTAGE program.
ZimtuADVANTAGE is a program designed to provide opportunities,
guidance, cost savings and assistance to companies covering
multiple aspects of being a public company. The services may
include building financial networks, building business networks,
shared costs with other public companies, building a social media
presence, conference opportunities, media outlets and guidance and
special group pricing provided by Zimtu's network of public company
professionals. The program provides the flexibility to allow
companies to customize the products and services to best support
their needs. The program also provides participating companies
access to and meetings with Zimtu's market participants in
Europe and North America.
About Zimtu Capital Corp.
Zimtu Capital Corp. is a public investment issuer that invests
in, creates and grows natural resources companies. The Company also
provides mineral property project generation and advisory services
helping to connect companies to properties of interest. For more
information on Zimtu Capital and its equity holdings, visit the
corporate website at http://www.zimtu.com.
About Georox:
Georox is a public oil and gas exploration, exploitation and
development company focusing on conventional oil and gas reservoirs
in Western Canada. Georox will use
its experience to develop, acquire and drill assets with potential
for primary and secondary recovery.
Production volumes are commonly expressed on a barrel of oil
equivalent ("boe") basis whereby natural gas volumes are converted
at a ratio of six thousand cubic feet to one barrel of oil.
The intention is to convert oil and natural gas measurement units
into one basis for improved analysis of results and comparisons
with other industry participants. The term BOE may be
misleading, particularly if used in isolation. The conversion
ratio is based on an energy equivalent method and does not
represent an economic value equivalency at the wellhead.
FORWARD-LOOKING STATEMENTS
This news release contains forward-looking statements relating
to the future operations of the Corporation and other statements
that are not historical facts. Forward-looking statements are often
identified by terms such as "will", "may", "should", "anticipate",
"expects" and similar expressions. All statements other than
statements of historical fact, included in this release, including,
without limitation, statements regarding future plans and
objectives of the Corporation, are forward looking statements that
involve risks and uncertainties. There can be no assurance
that such statements will prove to be accurate and actual results
and future events could differ materially from those anticipated in
such statements. More particularly, it contains
forward-looking statements concerning: (i) the completion and
potential benefits of the Consolidation; (ii) the timing and
completion of the Offering and the use of proceeds from the Private
Placement; and (iii) the potential appointment of a new director to
Georox's board of directors.
This news release does not constitute an offer to sell or a
solicitation of an offer to buy any of the Units in the United States. The Units (or constituent
securities) have not been and will not be registered under the
United States Securities Act of 1933, as amended (the "U.S.
Securities Act") or any state securities laws and may not be
offered or sold within the United
States or to U.S. Persons unless registered under the U.S.
Securities Act and applicable state securities laws or an exemption
from such registration is available.
Neither the TSXV nor its Regulation Services Provider (as that
term is defined in the policies of the TSXV) accepts responsibility
for the adequacy or accuracy of this release.
SOURCE Georox Resources Inc.