Business
Minaean International Engages Investor Relations Consultant
Minaean International Engages Investor Relations Consultant
About this update from Global Power Solutions Corp
[{"type":"text","content":"\nMinaean International Engages Investor Relations Consultant\n\n\n Nov. 16, 2010 (Filing Services Canada) -- Minaean International Corp.  (MIB - TSX Venture, NJA - FWB, NJA - BSE), (\"Minaean\" or the \"Company\") is pleased to announce that it has entered into an agreement with Wakabayashi Fund, LLC (\"Wakabayashi\"), a private equity family fund company located in Tokyo, Japan, whereby Wakabayashi will provide investor relations and corporate communication services.Pursuant to the agreement, Wakabayashi will also provide non-exclusive capital funding services whereby Wakabayashi will serve as an investment banking liaison and act as a capital consultant for a period of six months.  The Company will pay Wakabayashi a cash finder's fee of 7% on the amount of capital raised as a result of investors introduced by Wakabayashi.Wakabayashi's engagement, which is subject to regulatory approval, will be effective November 11, 2010, for a term of six months.  Wakabayashi will also be granted 250,000 incentive stock options at an exercise price of $0.10 per share for a period of two years.The TSX Venture Exchange has neither approved nor disapproved the contents of this press release.ABOUT MINAEAN Minaean International Corp. (\"MIC\"), a public corporation established in 2003 from Vancouver, B.C., Canada, is focused on the development and promotion of innovative quick-build light gauge steel (\"LGS\") technologies for the construction of cost effective and environmentally friendly structures.  MIC operates two wholly owned subsidiaries:  Minaean Habitat (India) Pvt. Ltd. (\"MHI\") which has a strong and sustainable market presence in India, the world's fourth largest economy, and Minaean Building Structures Inc. (\"MBS\") which serves the North American market with operations in British Columbia, Oregon and Washington.  MHI is strategically positioned to become the leading manufacturer of light gauge steel and modular solutions in the burgeoning Indian market. The Company has diversified into a multi-industry portfolio comprising residential, commercial and infrastructure development solutions. The Company pioneered the Indian construction industry with the launch of its trademarked products, \"Vesta Quick Build(tm)\" and \"Artisan Quick Build(tm)\" cold formed steel constructi...