Business
Argo Living Soils Corp. Announces Consulting Agreement with New Orleans Private Wealth Management
Vancouver, British Columbia--(Newsfile Corp. - March 28, 2025) - Argo Living Soils Corp. (CSE: ARGO) (OTC Pink: ARLSF) ("Argo" or the "Company") announces that it has entered into an arm's length consulting agreement dated March 24, 2025 (the "Consulting Agreement") with New Orleans Private Wealth Management ("NOWM") pursuant to which NOWM has agreed to provide strategic advisory services to the Company relating to business development, product planning and market development, and introductions
About this update from Argo Graphene Solutions Corp.
[{"type":"text","content":"Vancouver, British Columbia--(Newsfile Corp. - March 28, 2025) - Argo Living Soils Corp. (CSE: ARGO) (OTC Pink: ARLSF) ("Argo" or the "Company") announces that it has entered into an arm's length consulting agreement dated March 24, 2025 (the "Consulting Agreement") with New Orleans Private Wealth Management ("NOWM") pursuant to which NOWM has agreed to provide strategic advisory services to the Company relating to business development, product planning and market development, and introductions to strategic partners, prospective customers and sources of financing for a two year term. Pursuant to the Consulting Agreement, the Company has agreed to issue NOWM non-transferable compensation options ("Compensation Options") exercisable into up to 1,500,000 units of the Company ("Units") at a price of $0.54 per Unit for two years from the date of issuance, with each Unit consisting of one common share and one common share purchase warrant ("Warrant") of the Company. Each Warrant will entitle NOWM to purchase an additional common share of the Company at $1.00 per share for a period of two years from the date of issuance of the Warrants.","length":1221,"tagName":"p"},{"type":"text","content":"Pursuant to the terms of the Consulting Agreement, NOWM may exercise the Compensation Options to purchase up to 375,000 Units every three months, beginning three months following the effective date of the Consulting Agreement, and up to an aggregate of 1,500,000 Units. NOWM may exercise the Compensation Options into Units either by paying cash or offsetting the aggregate Unit exercise price against NOWM's invoices for services rendered to the Company under the Consulting Agreement. The common shares and Warrants underlying the Units, as well as common shares underlying the Warrants, will all be subject to a voluntary hold period of four months from the date of issuance of such underlying Units. To preserve the Company's cash, the parties agreed that all invoices rendered by NOWM to the Company under the Consulting Agreement will not be settled by cash and may only be settled as payment towards the exercise price of the Compensation Option. If the Compensation Option is fully exercised prior to the expiration or termination of the Consulting Agreement, NOWM has agreed ...