|
| Home : Gemoscan Canada Announces Shares for Service Agreement |
|
May 26
2012 |
Gemoscan Canada Announces Shares for Service Agreement |
|
TORONTO, ONTARIO--(Marketwire - May 25, 2012) - Gemoscan Canada, Inc. ("Gemoscan" or the "Company") (TSX VENTURE:GES)(MUN:1GE) announces its intention to issue shares for services to a consultant of the Company in exchange for the provision of certain strategic advisory services ("Advisory Services").
Gemoscan has entered into an agreement with the consultant to provide such Advisory Services (the "Agreement"). Pursuant to the terms of the Agreement, the Company will be issuing CAD$4,500.00 in Class A common shares of the Company per month in exchange for the Advisory Services. The number of shares to be issued shall be determined by using the closing price of the shares on the TSX Venture Exchange on the first trading day of the month following the month for which services were rendered. |
|
|
|
| Source:http://www.marketwire.com/mw/release.do?id=1661914&sourceType=3 |
| |
|
Related News
|
» FLYHT Aerospace Solutions Ltd. (TSX.V:FLY) Announces $2 Million Brokered Private Placement and $2 Million Non-Brokered Private Placement
» Phonetime Renews $2.5 Million Senior Debt Facility
|
|
|
