CALGARY, Nov. 24 /CNW/ - Blackpool Exploration Ltd. (the "Company" or
"Blackpool") (BPX.A - TSX Venture Exchange) has appointed Beaumont Capital
Corp. ("Beaumont") to provide investor relations services for an initial term
of six months commencing December 1, 2006.
Blackpool will pay Beaumont a monthly fee of $5,000.00 together with
reimbursement of out of pocket expenses. In addition, Blackpool has granted
Beaumont an option to purchase up to 300,000 common shares of Blackpool,
exercisable at $0.16 per share on or before the earlier of two years from the
date of the grant and thirty days from the termination of the investor
relations agreement. The options granted to Beaumont will vest as to
twenty-five percent, quarterly.
The investor relations services will be performed primarily by
Mr. Robert Rowell, the president of Beaumont. Neither Beaumont nor Rowell is
currently a significant shareholder of Blackpool.
The TSX Venture Exchange does not accept responsibility for the adequacy
or accuracy of this release.
