Sunshine Agri-Tech Inc.: Signs a New Investor Relations Agreement
June 07 2011 - 1:50PM
Marketwired
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.
Contacts: Sunshine Agri-Tech Inc. Jin Kuang 604-291-7460
www.sunshineagritech.com
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