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TORONTO,
Nov. 15, 2013 /CNW/ - Ecuador Gold
& Copper Corp. (TSX-V: EGX) (the "Company") is pleased
to announce that it has entered into a services agreement with
Vantage Communication Ltd. ("Vantage") for marketing and
advertising services.
Vantage, which has an industry leading website
at www.VantageWire.com that provides investors free, real-time
stock quotes on all Canadian and U.S. markets, provides clients
with investor relations strategies delivered through social media,
telephone, email and website information dissemination channels.
Vantage is based in Vancouver,
Canada and the principal engaged by the Company from Vantage
is Kyle Johnson.
Mr. Johnson has more than 15 years' experience
in on-line marketing and extensive knowledge in developing
effective awareness campaigns. Mr. Johnson has been involved in the
stock market for over 9 years, going on to co-found Vantage in
May 2006.
For its services over the next 12 months,
Vantage will receive a payment of $100,000 (including GST) in advance, funded from
general working capital. Related parties of Vantage intend to
purchase common shares of the Company in a proposed private
placement by the Company at a price of US$0.075 per share for proceeds totalling an
aggregate of up to $100,000, further
details of which will be announced in due course. Except for the
services agreement and the proposed private placement, Vantage does
not, and will not upon completion of the private placement, have
any interest, directly or indirectly, in the Company or its
securities. The parties entered into the services agreement on an
arm's length basis.
The services agreement with Vantage and the
proposed private placement are subject to regulatory acceptance of
applicable filings with the TSX Venture Exchange.
About the Company
Ecuador Gold and Copper Corp. is a Canadian
exploration-stage mining company focused on the Condor Gold Project
located in the Zamora region of
Ecuador.
Cautionary Note
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 this release.
SOURCE Ecuador Gold and Copper Corp.