Ecosse Appoints Fox-Davies as NOMAD, Broker

Ecosse Energy Corp. has appointed Fox-Davies Capital Limited as its Nominated Advisor ("NOMAD") and Broker for a proposed Admission to trading of the Company's shares on the Alternative Investment Market ("AIM") on the London Stock Exchange in 2012.

Fox-Davies is a financial adviser and stockbroker based in London, England that specializes in advising and raising capital for junior international oil and gas and resources companies. Fox-Davies is regulated by the Financial Services Authority in the UK, is a Member Firm of the London Stock Exchange and is a Nominated Adviser on the Alternative Investment Market.

Alan Morrison, President and CEO of Ecosse Energy Corp. said: "We are excited by the appointment of Fox-Davies who will oversee our proposed AIM dual listing in 2012 and advise us on a placing to raise funds to meet our on-going exploration funding requirements on our two exciting production sharing contracts in Indonesia where we have identified a multi-prospect inventory and to also fund expansion into additional Indonesian acreage."

Daniel Fox-Davies, Chairman and founder of Fox-Davies Capital said: "We are delighted to be working with Alan and his technical team out of Jakarta on the AIM dual listing of Ecosse Energy. We believe this exciting portfolio, multi-prospect inventory and high-impact drill-ready targets have the potential to transform the value of Ecosse Energy."

 

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