EDMONTON, Alberta, July 30, 2018 (GLOBE NEWSWIRE) — Visionstate Corp. (TSX-V: VIS) (“Visionstate” or the “Company”) today announced that it has engaged CHF Capital Markets (“CHF”), a highly-regarded Canadian investor relations and capital markets firm.
Mr. John Putters, CEO of Visionstate, commented: “Visionstate is excited to retain CHF Capital Markets as our investor communications partner. We had a pleasure of working with Cathy Hume and her team in the past and were impressed by their professionalism, expertise and personalized approach.”
Effective immediately, the services agreement for investment community outreach, corporate communications and digital marketing is for a term of twelve months ending July 31, 2019. Thereafter, the contract may be extended with a two months termination notice. Under the terms of the agreement, which is subject to TSX Venture Exchange approval, CHF will receive $4,330 per month in fees and reimbursement of expenses. CHF has been granted 1,000,000 share options exercisable at $0.10. The options vest quarterly over twelve months and have a five-year term. Upon termination of the services agreement, options will be cancelled after 30 days, as required for TSXV.
About CHF Capital Markets
CHF Capital Markets is one of Canada’s top investor relations firm. The Company’s team consists of high-profile communicators, analysts and consultants who specialize in providing individually-crafted solutions for clients while successfully broadening their reach in the investment community. CHF Capital Markets serves an international portfolio of companies operating in a broad range of industries.
About Visionstate Corp.
Visionstate Corp (TSX-V:VIS) is a growth-oriented company that invests in promising new technology in the realm of sustainability, analytics and the Internet of Everything. Through Visionstate IoT, the Company helps businesses improve operational efficiencies, reduce costs and elevate customer satisfaction with its state of the art devices that track and monitor cleaning and maintenance activities which also leverage sensor technology. The footprint of Visionstate’s WANDA smart device now extends to hospitals, airports, shopping centres and other public facilities across North America. The Company has also made strategic investments into the cannabis sector and renewable energy through Exceed Solar, which specializes in backyard solar applications including greenhouses and garden suites. Through building up a collection of synergistic technologies, Visionstate Corp. will continue to innovate, reduce environmental impact and transform consumer experiences.
Issued on behalf of the Board of Directors
“John A. Putters”
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