Business
GéoMégA Resources Engages The Howard Group To Assist with Investor and Capital Markets Communications Programs
MONTREAL, April 12, 2019 (GLOBE NEWSWIRE) -- Geomega Resources Inc. (“GéoMégA” or the “Corporation”) (TSX.V: GMA) is pleased to announce it has engaged The Howa
About this update from Geomega Resources Inc.
[{"type":"text","content":" MONTREAL, April 12, 2019 (GLOBE NEWSWIRE) -- Geomega Resources Inc. (“GéoMégA” or the “Corporation”) (TSX.V: GMA) is pleased to announce it has engaged The Howard Group as its capital markets communications advisor to assist with both traditional and online initiatives targeting institutional and retail investing groups as well as the larger investment community. The agreement is for 6 months effective April 11, 2019 and will be renewable monthly afterwards. The remuneration payable to The Howard Group will be $7,500 per month. In addition, The Howard Group has been granted 500,000 options, vested over a period of twelve months with a five-year term and an exercise price of $0.16 per share. The agreement is subject to the approval of the TSX Venture Exchange. Since 1988, The Howard Group has provided comprehensive investor outreach and capital markets programs, financing assistance, business development solutions and strategic planning to public companies. In addition, The Howard Group Inc. will be providing an ongoing commentary on GeoMegA’s activities through its Insight blog. Interested parties are encouraged to subscribe to the commentary feed: https://howardgroupinc.com/howard-group-blog/. The Corporation would also like to announce that, subject to regulatory approval, it has retained Independent Trading Group (ITG), Inc, (\"ITG\"), to provide market making services to the Corporation in compliance with the policies and guidelines of the TSX Venture Exchange and other applicable securities legislation. ITG will trade shares of GeoMegA on the TSX Venture Exchange for the purposes of maintaining a reasonable market and improving the liquidity of GeoMegA's common shares. The agreement between ITG and the Corporation can be terminated by either party with a written notice of 30 days and the Corporation has agreed to pay ITG $4,250 per month, payable quarterly. There are no performance factors contained in the agreement between ITG and the Corporation and ITG will not receive any shares or options from the Corporation as compensation for the services. About GéoMégA (www.geomega.ca) GéoMégA is a mineral exploration and evaluation company focused on the discovery and sustainable development of economic deposits of metals in Québec. GéoMégA is committed to meeting the Canadian mining industry standards an...