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XLM XL ID Solutions

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Share Name Share Symbol Market Type
XL ID Solutions TSXV:XLM 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 -

Excellium Inc. Announces Entering Into Advisory Services Agreement

30/04/2013 10:21pm

Marketwired Canada


Excellium Inc. ("Excellium" or the "Corporation") (TSX VENTURE:XLM) announced
today that it has entered into an Advisory Services Agreement with Byron Capital
Markets Ltd. ("Byron") pursuant to which Byron will provide the Corporation with
financial and strategic advisory services. The term of the agreement is three
(3) months, unless otherwise extended by mutual written agreement of the
parties. Excellium will pay Byron a monthly advisory fee of $25,000, payable in
common shares of Excellium, whereby the deemed share issuance price will be the
greater of (i) $0.05 per share; (ii) the volume-weighted average price of
Excellium's common shares during the month in which the services were provided;
and (iii) such higher price as may be required by the TSX Venture Exchange. The
TSX Venture Exchange has conditionally accepted the issuance of common shares to
Byron pursuant to the Advisory Services Agreement. 


Excellium is a security company specialized in biometrics identity systems and
proactive security management and in the integration of security products for
the institutional and industrial markets. Excellium is active in two distinct
but complementary lines of business: electronic security, which includes
security management, access control and video surveillance, and electronic
identification, comprising background checks and biometric identification. 


Excellium's common shares are listed on the TSX Venture Exchange under the
trading symbol "XLM" and the year-end Financial Statements and the Management's
Discussion & Analysis and its continuous disclosure filings are available on
SEDAR at www.sedar.com. For further information about Excellium, please visit
its website at www.excellium.ca.


Certain information set out in this News Release constitutes forward-looking
information. Forward-looking statements (often, but not always, identified by
the use of words such as "expect", "may", "could", "anticipate" or "will" and
similar expressions) may describe expectations, opinions or guidance that are
not statements of fact and which may be based upon information provided by third
parties. Forward-looking statements are based upon the opinions, expectations
and estimates of management of XLM as at the date the statements are made and
are subject to a variety of known and unknown risks and uncertainties and other
factors that could cause actual events or outcomes to differ materially from
those anticipated or implied by such forward-looking statements. Although XLM
believes that the expectations reflected in the forward-looking statements set
out in this press release or incorporated herein by reference are reasonable, it
can give no assurance that such expectations will prove to have been correct.
The forward-looking statements of XLM contained in this News Release, or
incorporated herein by reference, are expressly qualified, in their entirety, by
this cautionary statement.


CUSIP #: 300685

FOR FURTHER INFORMATION PLEASE CONTACT: 
Excellium Inc.
Jean-Claude Siew
President and CEO
(514) 798-8899

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