TORONTO, ONTARIO–(Marketwire – Dec 20, 2012) – Liquid Nutrition Group Inc. (“Liquid Nutrition” or “Company”) (TSX VENTURE:LQD)(TSX VENTURE:LQD.WT) today announced that it has engaged CHF Investor Relations, a highly regarded Canadian investor relations firm headquartered in Toronto, as its IR partner.
“We are eager to share Liquid Nutrition”s story with a broader investor audience. CHF was selected to provide a solid broker outreach program and ongoing investor relations support that will showcase the Company”s growth and investment opportunity,” commented Glenn Young, President and CEO, Liquid Nutrition Group Inc.
Effective immediately, the services agreement for investor relations and market-making is for a term of twelve months to December 31st 2013, and may be extended for up to one year. Under the terms of the services agreement, which is subject to TSX Venture Exchange approval, CHF will receive up to $ 7,500 per month in fees and reimbursement of expenses. CHF has been granted a total of 78,000 LQD stock options at an exercise price of $ 0.90 per share. The options vest quarterly over twelve months and have a five-year term. Upon termination of the services agreement, any vested options will be cancelled after 30 days, as is required for TSX Venture”s Tier 2 Issuers.
The market-making activity will be conducted using a registered broker in compliance with Policy 3.4 of the TSX Venture Exchange Corporate Finance Manual (the “Manual”), IIROC”s Universal Market Integrity Rules & Policies (2010) and other relevant policies, so that trading orders in Liquid Nutrition”s shares are made to manage share price volatility and imbalances of orders in order to improve trading liquidity on the exchange. In accordance with Policy 3.4, section 2.8 of the Manual that states in part “an Issuer may not use its own funds, or provide direct or indirect compensation to other parties to undertake a market-making function in its securities,” the Company and CHF confirm that capital for the purposes of market-making has not and will not be provided from the Company”s treasury.
Prior to the grant of options outlined above, CHF had no direct or indirect interest in the Company or its securities.
About CHF Investor Relations
CHF”s effective role is acting as the public company”s outsourced, low-cost equivalent to an internal investor relations department. CHF serves an international portfolio of TSX/TSX Venture and CNSX listed companies that operate in a broad range of industries including niche products and business solutions, mining exploration and producers, oil & gas, industrial products and services, biotech and high-tech. The depth of capital market experience at CHF is formidable dating back to the late 1970”s.
About Liquid Nutrition Group Inc.
Liquid Nutrition Group Inc. (LNGI) (TSX VENTURE:LQD)(TSX VENTURE:LQD.WT) is a rapidly growing functional beverage, vitamin and supplement store brand committed to bringing healthy and delicious eating to communities around the world. Through its wholly-owned subsidiary, Liquid Nutrition Franchising Corporation, LNGI has signed franchise agreements for over 80 stores across Canada, as well as license agreement in the Caribbean and the Middle East. For store locations, business opportunities or more information visit www.liquidnutrition.com. Please join Liquid Nutrition on Facebook and follow us on Twitter @liquidnutrition.
About Team Liquid
Comprised of pro-athletes and experts in the world of sports, fitness and nutrition, members of Team Liquid were selected based on their personal and professional dedication to healthy active living. Members of the Team Liquid include: Steve Nash; Matt Ryan; Suzann Pettersen; Russell Martin; Vincent Lecavallier; Tora Bright; Elaine Hastings, RD, LD/N, CSSD, Nutritionist; Trish Stratus, seven times WWE World Champion, Yoga Master and Arlene Dickinson, Dragon”s Den CEO. To see what the Team Liquid has to say about Liquid Nutrition, please visit: www.youtube.com/watch?v=da785AGWQqk.
To receive Company news via email, contact [email protected] and mention “Liquid Nutrition” in the subject line.
Diseases/Conditions News Headlines – Yahoo! News
Title Post: Liquid Nutrition Retains CHF Investor Relations
Rating:
100%
based on 99998 ratings.
5 user reviews.
Author:
Thanks for visiting the blog, If any criticism and suggestions please leave a comment
Liquid Nutrition Retains CHF Investor Relations
This article
Liquid Nutrition Retains CHF Investor Relations
can be opened in url
http://newstertrivial.blogspot.com/2012/12/liquid-nutrition-retains-chf-investor.html
Liquid Nutrition Retains CHF Investor Relations
