GREAT NEWS FOR TNG EXPOSURE ransGaming hires Bristol Capital at $6,000 per month
Ticker Symbol: C:TNG
TransGaming hires Bristol Capital at $6,000 per month
TransGaming Inc (C:TNG)
Shares Issued 85,404,405
Last Close 11/29/2013 $0.175
Monday December 02 2013 - News Release
Mr. Dennis Ensing reports
TRANSGAMING RETAINS BRISTOL CAPITAL TO ENHANCE PUBLIC COMPANY AWARENESS WITH THE INSTITUTIONAL INVESTMENT COMMUNITY
TransGaming Inc. has retained Bristol Capital, beginning this month, to assist the company in achieving greater visibility with institutional investors in the United States, Canada and Europe.
Under the terms of the agreement, which is subject to approval by the TSX Venture Exchange, Bristol will receive $6,000 per month and, subject to approval of the board of directors of the company, will also receive options to acquire up to 400,000 common shares of the company exercisable for a period of three years. If approved, the options will vest at a rate of 100,000 shares per quarter over the first year of the agreement and have an exercise price equivalent to the closing market price of the company's stock at the time of approval. The agreement can be cancelled with one month's notice in writing after the first six-month period.
In addition, the company also reported today that its agreement with Wolfe Axelrod Weinberger Associates LLC, previously announced in April, 2010, to provide investor relations services in the United States was terminated.
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