Business
Maple Leaf Reforestation engages CHF Investor Relations
TSX-V: MPE Last Close: February 20, 2008 - $0.405 Shares Issued: 56,082,327
About this update from Maple Leaf Green World, Inc.
[{"type":"text","content":"\n\n\n\nTSX-V: MPE\n\nLast Close: February 20, 2008 - $0.405\nShares Issued: 56,082,327\n\n\nCALGARY, Feb. 20 /CNW/ - Maple Leaf Reforestation Inc. (TSX Venture -\nMPE) ("Maple Leaf" or the "Company") today announced that, subject to TSX\nVenture Exchange approval, Maple Leaf has retained CHF Investor Relations\n(Cavalcanti Hume Funfer Inc.); Canada's longest established investor relations\nfirm.\n\n\nCHF will provide investor relations services for an initial period of\ntwelve months ending February 14, 2009. Maple Leaf may elect to continue with\nCHF thereafter which, in that case, cancellation by either party requires\nthree months' notice. CHF will be paid a monthly fee of $6,000 plus allowable\ndisbursements from Maple Leaf's working capital. Additionally, it is agreed\nthat CHF will receive incentive stock options on engagement, subject to Board\nand regulatory approvals, an aggregate of 806,000 common shares exercisable\nover a three-year period from grant as follows: 403,000 options at an exercise\nprice of $0.75 per share; and 403,000 options at an exercise price of $1.25\nper share.\n\n\nRaymond Lai, President and CEO of Maple Leaf commented that "China has\nmade serious commitments to stem the disturbing tide of environmental issues\narising from pollution and desertification. Our Company has shown the\ngovernment agencies that we can positively contribute to their reforestation\ninitiatives by providing top quality, value added nursery seedlings and modern\ntree growing technology. From their feedback, we believe Maple Leaf has an\nopportunity to grow rapidly in China and CHF Investor Relations is going to\nhelp to ensure that the investment and financial communities in Canada take\nnotice."\n\n\nAbout CHF Investor Relations\n\n\nCHF's niche role is acting as a public company's outsourced, low-cost\nequivalent to an internal investor relations department. With Canadian offices\nin Toronto and Calgary, and international offices in Sao Paulo, Brazil, and\nShanghai, China, CHF serves an international portfolio of TSX/Venture-listed\ncompanies, and others seeking to list on the TSX, that operate in a broad\nrange of industries including niche financial products, business and\nindustrial solutions, oil & gas, mining exploration and producers,\ntelecommunications and high-tech.\n\n\nAbout ...