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Iciena Ventures hires Skyline for IR
2007-01-31 18:34 ET - News Release
Mr. Harry Lappa reports
ICIENA RETAINS SKYLINE INVESTOR RELATIONS INC. FOR INVESTOR RELATIONS
Iciena Ventures Inc. has retained Skyline Investor Relations Inc. to provide investor relations services for the company. Shawn Perger is the principal of Skyline.
Skyline will provide investor relations and marketing services for the company including, but not limited to, acting in a liaison capacity between the directors and senior officers of the company, the shareholders and persons registered to trade in securities, and to circulate to investors, at their request, quarterly reports and other material financial or information documentation of the company.
Skyline maintains its office in Vancouver, B.C. Skyline offers all-encompassing investor awareness services to junior companies. It focuses on broker awareness and liason campaigns, as well as widespread marketing campaigns to the investment community at large. A principal of Skyline holds 175,000 shares in the capital of the company.
Skyline will receive a fee of $10,000 per month. The term of the contract is one year but may be terminated on 30 days written notice by either party before July 21, 2007, and thereafter, may be terminated immediately upon written notice. Upon mutual agreement, the term of the agreement may be extended. The company will also grant an option to Skyline to purchase 950,000 common shares of the company at 15 cents per share, subject to regulatory approval. The options will vest in stages with 25 per cent of the options vesting immediately and 25 per cent of the options vesting in each three-month period thereafter.