(via Thenewswire.ca)
April 20 - 2009 - Aerocast Inc. ("Aerocast" CNSX-A, Germany: ØAE) announces that it has entered into a financial advisory agreement with Fitzhenry and Green Capital Funding dated April 18, 2009 whereby Fitzhenry and Green has agreed to provide financial advisory services to Aerocast for a fee of $US 7,500 per month. Fitzhenry and Green has also been granted an option to acquire up to 800,000 shares at $0.10 per share whereby one-half of the option vests immediately and one-half of the option shall vest upon Fitzhenry and Green LLC having facilitated a minimum $US 500,000 financing into Aerocast.
About Fitzhenry and Green Capital Funding
Fitzhenry and Green Capital Funding provides financial advisory services to high-growth companies.
About Aerocast Inc.
Aerocast operates a high-growth sand-casting foundry that produces complex aluminum and magnesium castings primarily for the aerospace industry. Customers include Honeywell Aerospace, Hamilton Sundstrand and Shimadzu Precision Instruments. Aerocast is experiencing high demand for its products and has limited competition. Our company's senior management team has over 110 years combined experience in the aerospace foundry industry.
Aerocast shares trade on the Canadian National Stock Exchange (CNSX) under the symbol ‘A' and in Germany under the symbol ‘ØAE'.
For more information, contact Robert Jamieson Sr., at Tel. (602) 309-1177 and e-mail bob.jamieson@aerocastinc.com, or visit our website at www.aerocastinc.com.
On Behalf of the Board of Directors,
Aerocast Inc.
Per:
"Robert Jamieson"
President and Director
Canadian National Stock Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of the content of this news release.
Not for Distribution in the United States or to U.S. Persons.
If you would like to receive regular updates on Aerocast please send your email request to info@aerocastinc.com.
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