Australian oil and gas technology company Coretrack Ltd (ASX: CKK) (“Coretrack” or the “Company”) is pleased to announce that it has appointed New York-based corporate advisory firm, EAS Advisors LLC (“EAS”) , as the Company’s corporate advisor. EAS, established by Edward A Sugar, is a New York based investment advisory firm providing services primarily to natural resource and commodity sector companies. EAS’s business is built on knowledge, capital markets insight and access to a deep pool of both traditional and non-traditional sources of capital in North America. EAS was founded in 2008 and since inception has participated in transactions worth more than $2.5 billion. EAS will work closely with Coretrack to help the Company execute its business plan for the commercialisation and growth of its next generation, fly-ash based, proppant for use in hydraulic fracturing (fracking) of oil and gas wells globally. EAS will play a key role in advising Coretrack and assisting with the growth of the business in the US investment market and also with potential end users in the US and globally.
CKK Price at posting:
0.6¢ Sentiment: Hold Disclosure: Held
