Business
Graphite One Appoints Red Cloud Securities Inc. to Provide Financial Advisory and Promotional Services
Graphite One Appoints Red Cloud Securities Inc. to Provide Financial Advisory and Promotional Ser...
About this update from Graphite One Inc.
[{"type":"text","content":"\n \n \n \n Graphite One Appoints Red Cloud Securities Inc. to Provide Financial Advisory and Promotional Services\n \n \n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n \n \n VANCOUVER, BC\n \n \n ,\n \n \n Dec. 5, 2023\n \n \n /CNW/ -\n \n Graphite One Inc.\n \n (TSXV: GPH) (OTCQX: GPHOF)\n \n (the \"Company\" or \"G1\")\n \n is pleased to announce that it has appointed Red Cloud Securities Inc. and Red Cloud Financial Services Inc. (together \"\n \n Red Cloud\n \n \") to provide the Company with a range of non-exclusive financial advisory and promotional services. Red Cloud is a\n \n Toronto\n \n -based financial services firm that provides assistance to mineral exploration and mining companies in accessing capital markets and enhancing their corporate profile.\n \n \n \n \n \n \n \n \n \n Under the engagement, Red Cloud will be paid a fee of\n \n $10,000\n \n per month for the services it will render starting on\n \n December 4, 2023\n \n for an initial six-month term and automatically renew month-to-month thereafter unless either party provides written notice of termination to the other party thirty (30) days prior to the date of termination. More specifically, under the financial advisory services agreement, Red Cloud will identify and introduce third-parties for potential equity and debt financings and alternative financing arrangements and other transactional opportunities, and under the promotional services agreement, Red Cloud will review and advise on road shows, review, draft and advise on traditional marketing documents, make introductions to, meet and communicate with corporate analysts, institutional and professional investors and retail brokers, provide traditional media support and assist in creation of content for Red Cloud's exclusive RCTV platform and dissemination of content via RCTV, and other services as required by the Company. There are no performance obligations contained in the Agreement and Red Cloud will not receive common shares, stock options or any form of equity in the Company as compensation.\n \n \n Re...