Sunshine Agri-Tech Inc.: Signs a New Investor Relations Agreement
07 Juni 2011 - 7:50PM
Marketwired Canada
Sunshine Agri-Tech Inc. (TSX VENTURE:SAI) ("Sunshine Agri-Tech" or the
"Company") is pleased to announce that the Company has engaged EWC Corporation
("EWC") to provide it with marketing, investor relations, corporate finance and
corporate governance services.
EWC will provide the following IR services to the Corporation: Coordinate
investor presentation, quarterly roadshows, retail broker relations, IR
strategy, and interaction with investment community. EWC will also provide
ongoing capital markets advice and manage all financing activities undertaken by
the Company.
In accordance with this agreement, the Company will pay EWC a monthly fee of
$5,000 for a 12 month term of the agreement which may be renewed upon mutually
agreeable terms thereafter. The Company will also grant EWC stock options to
purchase 500,000 common shares of the Company at a price of $0.18 for two years
in accordance with the Company's Stock Option Plan and the policies of the TSX
Venture Exchange. The agreement is subject to the approval of the TSX Venture
Exchange.
"The Company and EWC will execute coordinated marketing and investor relations
activities to build broader market awareness of Sunshine's projects within the
retail, brokerage and institutional investment communities in Canada. We are
pleased to bring on Robert Wilson, the sole shareholder of EWC Corporation in
our strategy to help increase shareholder value," stated Baojun Zhang, CEO of
Sunshine Agri-Tech.
EWC Corporation is an Ontario company based in Toronto, ON that provides
investor relations and marketing services to public companies. EWC and the
Company are at arm's-length to one another.
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