NEWS
Canasia hires Noble as IR consultant
2007-09-27 15:25 ET - News Release
Mr. Graeme Sewell reports
CANASIA HIRES INVESTOR RELATIONS FIRM
Canasia Industries Corp. has hired Noble Investment Corp. as an investor relations service provider. Pursuant to the terms of the investor relations agreement concluded between Noble and the company, Noble will assist with the development and implementation of an investor relations/communications program for purposes of enhancing the public image of the company.
The investor relations agreement has commenced today and the company will pay a monthly fee of $5,000 to Noble for a period of 12 months, as well as granting Noble 250,000 incentive stock options at 19 cents, pursuant to the 2007 rolling stock option plan, these options are good for five years but terminate upon termination of the agreement. This investor relations agreement is subject to exchange approval.
The company has also granted, pursuant to its 2007 rolling stock option plan, 250,000 incentive options to a consultant at an exercise price of 19 cents per share for five years which terminate upon termination of the consulting agreement. These shares are subject to a hold period expiring Jan. 28, 2008.