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Share Name | Share Symbol | Market | Type |
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TSXV:XYL | TSX Venture | Common Stock |
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TORONTO, ONTARIO--(Marketwired - Feb 25, 2014) - XYLITOL CANADA® (TSX-VENTURE:XYL) is pleased to announce an online marketing and awareness program through AGORA International Enterprises Corp. ("AGORACOM").
Andrew Reid President and C.E.O. of Xylitol Canada stated, "We are pleased to announce the appointment of AGORACOM as our awareness agency of record. As a growing publicly traded company, we felt the time was right to communicate our story more actively to investors throughout Canada. We are also pleased that the terms of the agreement align the interests of Xylitol Canada's shareholders with those of AGORACOM through their shares for service program."
SHARES FOR SERVICES PROGRAM
Xylitol Canada intends to issue shares for services to AGORACOM in exchange for the online advertising, marketing and branding services (the "Advertising Services"). Pursuant to the terms of the agreement, the company intends to issue to AGORACOM that number of common shares which has a deemed value of $50,000 plus HST, payable in four installments, commencing on March 15, 2014, and every three months thereafter.
The number of common shares to be issued at the end of each period will be determined by using the closing price of the common shares of Xylitol Canada on the TSX Venture Exchange on the first trading day following each period for which the Advertising Services were provided by AGORACOM.
The term of the Agreement is 12 months however Xylitol Canada shall have an unconditional right to terminate the agreement at any time after August 15, 2014.
About Xylitol Canada Inc.
Xylitol Canada markets xylitol and xylitol based products and is focused on becoming a major low-cost manufacturer of xylitol and related products, serving the global market from operations in North America.
Xylitol Canada's business strategy is to leverage novel proprietary technology and processes to become North America's premier manufacturer of low cost, high quality xylitol from readily available environmentally-sustainable biomass. Xylitol is an all-natural sweetener which is marketed globally, including Canada and the United States, and is accepted by the American Food and Drug Administration, the World Health Organization and the American Dental Association. Xylitol contains 75% less carbohydrates and 40% fewer calories than sugar, has a myriad of oral health benefits, including the prevention of tooth decay, and is safe for diabetics. To date, wider spread use of xylitol has been limited due to the lack of a reliable, low cost, high quality supplier.
About AGORACOM
AGORACOM is the pioneer of online investor relations, online conferences and online branding services to North American small and mid-cap public companies, with more than 250 companies served. More than just lip service, AGORACOM is the home of more than 873K investors that visited 6.1 million times and read 57 million pages of information every year (Average 2008 - 2013).
AGORACOM traffic ranks within the top 0.5% of all websites around the world. These traffic results are independently tracked and verified by Google analytics. AGORACOM traffic can be attributed to its strategy of maintaining the cleanest, moderated small-cap discussion as a result of implementing the first ever Investor Controlled Stock Discussion Forums.
AGORACOM Founder, George Tsiolis, publishes the leading blog on small to mid cap investor relations. His 50 Small-Cap CEO Lessons are a must read for CEO's looking to increase their education and knowledge about online investor relations.
Neither TSX Venture Exchange Inc. nor its Regulation Services Provider (as that term is define din the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Xylitol Canada Inc.Andrew ReidPresident and CEO(416) 288-1019areid@xylitolcanada.comAGORACOMGeorge Tsiolis, LL.B, Founderhttp://agoracom.comhttp://blog.agoracom.comhttp://twitter.com/agoracomhttp://facebook.com/agoracom
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