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SAI Sunshine Agri Tech Inc

0.02
0.00 (0.00%)
31 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Sunshine Agri Tech Inc TSXV:SAI TSX Venture Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.02 0.005 0.05 0 01:00:00

Sunshine Agri-Tech Inc.: Signs a New Investor Relations Agreement

07/06/2011 6:50pm

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Sunshine Agri Tech (TSXV:SAI)
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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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