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biOasis Enters Investor Relations Agreement with Gale Capital Corporation
biOasis Enters Investor Relations Agreement with Gale Capital Corporation.
About this update from Bioasis Technologies Inc.
[{"type":"text","content":"\n \n \n biOasis Enters Investor Relations Agreement with Gale Capital Corporation\n \n \nbiOasis Enters Investor Relations Agreement with Gale Capital Corporation\n \n VANCOUVER, BRITISH COLUMBIA--(Marketwired - Jun 16, 2014) - biOasis Technologies Inc. (TSX VENTURE:BTI) (OTCQX:BIOAF) (the \"Company\") is pleased to announce that is has retained Gale Capital Corporation (\"Gale Capital\") effective June 15, 2014 to assist the Company with its shareholder relations activities and investor awareness program.\n Gale Capital will help by cultivating productive dialogue with analysts, brokers, potential investors and current shareholders for the purpose of expanding the Company's exposure within the Canadian and American investment community. Gale Capital will also assist in the development and implementation of an investor relations and communications program for purposes of attracting prospective investors to the Company and strengthening the Company's profile within the investment community.\n \"We are very pleased to be engaging Gale Capital and are very impressed with their overall approach and strategy as discussed with the Company\" said Rob Hutchison, Chief Executive Officer of biOasis Technologies Inc. \"In addition internally we have hired a new member of the biOasis team, Ms. Tiffany Tolmie, whom along with a number of corporate responsibilities will act as our corporate communications liaison to our shareholders, a role that will go a great way to increase external communications and support the efforts of the Gale group\".\n The initial term of this investor relations agreement is until June 15, 2015, which the parties may extend by mutual consent, and either party may terminate the agreement after September 15, 2014 with 30 days written notice. The Company will pay a monthly fee in advance of CAD $6,000. Gale Capital will be granted 200,000 incentive share purchase options expiring on June 15, 2016 exercisable at $1.23. The stock options will vest over 12 months, with 50,000 options vesting on September 15, 2014, 50,000 on December 15, 2014, 50,000 on March 15, 2015 and 50,000 on June 15, 2015. The options follow the guidelines as set out in Company's stock option plan and as set by TSX Venture Policy. The agreement and options grant and terms are subject to the approval of the TSX Venture Exchange.\n About Gale Capita...