Business
Legend Power Renews Capital Markets Services Agreement With Sophic Capital
(via TheNewswire) Vancouver, Canada / TheNewswire / December 13,...
About this update from Legend Power Systems Inc.
[{"type":"text","content":"Legend Power Renews Capital Markets Services Agreement With Sophic Capital(via TheNewswire)\n \n \nVancouver, Canada / TheNewswire / December 13, 2017 - Legend Power Systems Inc. (TSXV: LPS), a global leader in voltage reduction and optimization technology, is pleased to announce it has renewed its agreement with Sophic Capital Inc. (\"Sophic\") to act as its Investor Relations firm. Initially engaged on October 10, 2016, Sophic is a capital markets advisory firm that focuses on increasing investor awareness. Sophic will build awareness of Legend Power within the investor community using a comprehensive communications strategy, and will introduce Legend to it's growing network of investment advisors, investment dealers, institutions and other financial professionals.\n\n \n \nSophic will be paid $7,000 per month for a term of 12 months and has been granted options to purchase up to 125,000 shares of Legend at a price of $0.75 per share. The options will vest quarterly, in four tranches of 62,500 each and expire on the earlier of (i) 90 days after termination of the agreement and (ii) December 6, 2020. The options are governed by the provisions of Legend's stock option plan and the policies of the TSX Venture Exchange. Sophic currently holds 126,500 common shares in the capital of the Company.\n\n \n \nAbout Legend Power Systems Inc. \n\n\n \nLegend Power Systems Inc. (www.legendpower.com) is changing the way buildings around the world use power. The company's patented and proprietary technology reduces overvoltage, a natural condition present in power grids around the world. Overvoltage inflates energy costs, damages electrical equipment, and increases the negative impact a building has on the environment. Legend's utility-proven Harmonizer improves the power efficiency of an entire building to reduce total energy consumption and power costs, while maximizing equipment life. The solution provides customers risk free energy savings, improves the value of their physical assets, and enhances their sustainability efforts. As an application with demand side benefits, Legend is also a key contributor toward utility conservation goals. In 2015 Legend was recognized as the top performing cleantech company on the TSX Venture Exchange.\n\n \n \nFor further information, please contact:\n\n \n \nRandy Buchamer, CEO and President\n\n\n \n+ 1...