Business
Sierra Madre Begins Trading on Frankfurt Stock Exchange and Announces Investor Relations Agreements With Adelaide Capital and Machai Capital
VANCOUVER, BC / ACCESSWIRE / April 30, 2021 / Sierra Madre Gold and Silver Ltd. ("Sierra Mad...
About this update from Sierra Madre Gold & Silver Ltd.
[{"type":"text","content":"Sierra Madre Begins Trading on Frankfurt Stock Exchange and Announces Investor Relations Agreements With Adelaide Capital and Machai CapitalVANCOUVER, BC / ACCESSWIRE / April 30, 2021 / Sierra Madre Gold and Silver Ltd. (\"Sierra Madre\" or the \"Company\") (TSXV:SM) is pleased to announce that its common shares commenced trading on the Frankfurt Stock Exchange under the symbol \"409\". As a result, Sierra Madre's common shares are now both listed on the TSX Venture Exchange (\"TSXV\") under the symbol \"SM\" and posted for trading on the Frankfurt Stock Exchange.\"Being posted for trading on the Frankfurt Stock Exchange is an important step toward increasing awareness and our shareholder base,\" said Alex Langer, Chief Executive Officer of Sierra Madre. \"Increased access to the European capital markets will be of benefit to both our current and prospective shareholders.\"Investor Relations AgreementsThe Company is also pleased to announce that it has engaged Adelaide Capital Markets Inc. (\"Adelaide Capital\") and Machai Capital Inc. (\"Machai Capital\"), to perform services for the Company, including investor relations activities, as defined in accordance with the policies of the TSXV and applicable securities laws.Pursuant to an investor relations consulting agreement entered into with Adelaide Capital (the \"Adelaide Agreement\"), Adelaide Capital will provide investor relations and consulting services to the Company, including meeting and communicating with corporate analysts, investors and brokers, introducing the Company to writers and publishers and advising the Company with respect to its communication materials, corporate development and the advancement of its interests. As consideration pursuant to the Adelaide Agreement, the Company will pay Adelaide Capital a cash fee of $8,000 per month for a term of 12 months for a total of $96,000. To the knowledge of the Company, Adelaide Capital currently owns 20,000 common shares in the capital of the Company (\"Common Shares\").Pursuant to a digital awareness services agreement entered into with Machai Capital (the \"Machai Agreement\"), Machai Capital will provide branding and marketing services for the Company, including assisting the Company to create, track, organize and execute in-depth awareness campaigns. As consideration, the Company will pay Machai Capital a cash fe...