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Finavera Renewables extends Investor Relations contract with Pinnacle Capital Markets
Finavera Renewables extends Investor Relations contract with Pinnacle Capital Markets
About this update from Solar Alliance Energy Inc.
[{"type":"text","content":"\n\n\n\n Dec. 21, 2010 (Canada NewsWire Group) -- \n\n#ReleaseContent TABLE\n{\n BORDER-COLLAPSE: collapse\n}\nTR.cnwUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 1px solid\n}\nTR.cnwDoubleUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 3px double\n}\nTR.cnwBoldUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 3px solid\n}\nTD.cnwUnderlinedCell\n{\n BORDER-BOTTOM: #000000 1px solid\n}\nTD.cnwDoubleUnderlinedCell\n{\n BORDER-BOTTOM: #000000 3px double\n}\nTD.cnwBoldUnderlinedCell\n{\n BORDER-BOTTOM: #000000 3px solid\n}\n#ReleaseContent TABLE.cnwBorderedTable TD\n{\n BORDER-RIGHT: black 1px solid;\n PADDING-RIGHT: 2px;\n BORDER-TOP: black 1px solid;\n PADDING-LEFT: 2px;\n PADDING-BOTTOM: 2px;\n BORDER-LEFT: black 1px solid;\n PADDING-TOP: 2px;\n BORDER-BOTTOM: black 1px solid;\n BORDER-COLLAPSE: collapse\n}\n#ReleaseContent TABLE TD\n{\n PADDING-RIGHT: 2px;\n PADDING-LEFT: 2px;\n PADDING-BOTTOM: 2px;\n PADDING-TOP: 2px\n}\n\n\nVANCOUVER, Dec. 21 /CNW/ - Finavera Renewables Inc. ('Finavera Renewables' or the 'Company') (TSX-V: FVR) has extended the Company's Investor Relations contract with\n Pinnacle Capital Markets Ltd. ("Pinnacle"). The contract was initially\n announced by the Company on September 30, 2010. The term of the\n extension is six months and Pinnacle's monthly compensation will be\n $5,000. In addition, the Company will issue 200,000 incentive stock\n options to be granted pursuant to the Company's stock option plan and\n the rules of the TSX Venture Exchange. The options will have an\n exercise price of $0.10 per share for a period of 1 year. The options\n will vest in four equal installments every three months. The agreement\n is subject to the approval of the TSX Venture Exchange.\n\n\nJason Bak, CEO\n\n\nAbout Finavera Renewables Inc. (www.finavera.com)\n\n\nFinavera Renewables' objective is to become a major renewable and green\n energy producer by developing and operating its assets in the wind\n sector. Finavera Renewables is developing wind energy projects in\n Canada and Ireland. In British Columbia, Canada, projects totaling 301\n MW have been awarded Electricity Purchase Agreements under the Hydro\n Clean Power Call. In Ireland, the Company has signed a co-development\n agreement with Scottish and Southern Renewables for the 105MW Cloosh\n Valley Wind Project. Data collection and environmental studies...