Business
MiMedia Enters into Investor Relations Services Agreement with 1502656 B.C. Ltd.
MiMedia Enters into Investor Relations Services Agreement with 1502656 B.C. Ltd. Canada...
About this update from Mimedia Holdings Inc
[{"type":"text","content":"\n\n\n\n MiMedia Enters into Investor Relations Services Agreement with 1502656 B.C. Ltd.\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 NEW YORK\n \n\n ,\n \n\n March 5, 2025\n \n\n /CNW/ -\n \n MiMedia Holdings Inc.\n \n (TSXV: MIM) (OTCQB: MIMDF) (FSE: KH3)\n \n (\"\n \n\n MiMedia\n \n\n \" or the \"\n \n\n Company\n \n\n \")\n \n announced today that it has engaged\n \n 1502656 B\n \n .C. Ltd. (\"\n \n 1502656\n \n \"), a consulting firm based in\n \n Surrey, BC\n \n , to provide investor relations services in accordance with TSX Venture Exchange (the \"\n \n Exchange\n \n \") policies.\n \n\n\n\n\n\n\n\n\n Pursuant to the investor relations agreement (the \"\n \n IR\n \n\n Agreement\n \n \") entered into between the Company and 1502656, 1502656 will assist the Company with investor relations strategy and tactics for improving the Company's presence within the capital markets, developing operational performance metrics that will aid investors and analysts in evaluating the Company's progress, implementing plans for presenting the Company to the financial community, assisting with investor awareness of the Customer's plans, strategy, and personnel, as they may evolve during the term of the IR Agreement, and assisting the Company in communicating appropriate information regarding such plans strategy, and personnel to the investment community.  The IR Agreement has a term of 6 months and commenced on\n \n February 28, 2025\n \n (the\n \n \"Commencement Date\n \n ).  The Company has agreed to pay 1502656 a fee of\n \n US$500,000\n \n for its services, with\n \n US$200,000\n \n due a month following the Commencement Date,\n \n US$150,000\n \n due two months following the Commencement Date and the remaining\n \n US$150,000\n \n due three months following the Commencement Date.\n \n\n There are no performance factors contained in the IR Agreement and 1502656 will not receive any securities of the Company as compensation.  1502656 and the Company are unrelated and unaffiliated entities and neither 1502656 nor any of its pr...