Tuesday August 12 11:43 AM EDT
Company Press Release
Source: EuroGas, Inc.
EuroGas Retains Oppenheimer & Co. as Financial Advisor and Investment Banker
NEW YORK, Aug. 12 /PRNewswire/ -- EuroGas, Inc. (OTC Bulletin Board: EUGS) (``EuroGas'' or the ``Company'') is pleased to announce that it has retained
Oppenheimer & Co., Inc. (``Oppenheimer'') on an exclusive basis to render certain financial advisory and investment banking services to EuroGas. The scope
of the engagement calls for Oppenheimer to review EuroGas' strategic plan; assist EuroGas in obtaining approval for quotation on the Nasdaq National Market
System; advise and assist in negotiating possible joint ventures; and, provide other investment banking services.
Mr. Paul Hinterthur, EuroGas President, stated, ``Oppenheimer is a leading major bracket investment bank that has demonstrated exceptional capabilities in
financing and advising international oil and gas exploration and production companies. We are confident that our relationship with Oppenheimer will help
EuroGas attain its long term goals and thereby maximize shareholder value.''
EuroGas controls methane gas concessions in Poland and has oil and gas exploration and developments joint ventures in Slovakia, the Czech Republic and
Yakutia. EuroGas, Inc. common stock is traded on the OTC Bulletin Board under the symbol EUGS, and on the Frankfurt, Berlin, and Hamburg Stock Exchanges
under the symbols, EUGS.F, EUGS.B, and EUGS.H, respectively.
SOURCE: EuroGas, Inc. |
