Business
Intouch Insight Ltd. engages investor relations firm, First Canadian Capital, to raise awareness
Intouch Insight Ltd. engages investor relations firm, First Canadian Capital, to raise awa...
About this update from Intouch Insight Ltd.
[{"type":"text","content":"\n\n\n\nIntouch Insight Ltd. engages investor relations firm, First Canadian Capital, to raise awareness\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\nCanada NewsWire\nOTTAWA, Oct. 30, 2017\n\n\n\nOTTAWA, Oct. 30, 2017 /CNW/ - Intouch Insight Ltd. (\"Intouch\") (TSXV: INX) today announced that it has retained First Canadian Capital Corp. (\"First Canadian\") as a consultant to provide strategic marketing and investor relations (\"IR\") services to raise Intouch's profile.  First Canadian will initiate and maintain ongoing dialogue with retail brokers, analysts, portfolio managers and media groups to positively enhance market awareness of Intouch. \n\nUnder the terms of the agreement with First Canadian (the \"Agreement\"), Intouch will pay First Canadian $6,000 per month for a period of one year (for an anticipated total cost of $72,000) and has granted 100,000 stock options at an exercise price of $.46 (forty-six cents) per share, which shall vest in accordance with provisions of the company's stock option plan and the policies of the TSX Venture Exchange.  The Agreement and related stock option issuance to First Canadian remain subject to the approval of the TSX Venture Exchange.\n\nJason Monaco, partner at First Canadian, commented, \"First Canadian is extremely pleased to have been selected to work with a hidden gem like Intouch.  With already strong revenues, the company is well positioned to continue their exciting technological journey and business acceleration.  We at First Canadian believe with the strong management team and compelling market size, Intouch is a future Canadian success story.\" \n\n\"Intouch is a very different company today than it was a few years ago and it will again be a very different company a few years from now.  By having IR professionals manage our communication activity it will allow management to have more time to focus on running the business and ensuring effective execution.  As previously announced, we have plans to accelerate our transformation towards recurring revenue from our soft...