Vancouver, British Columbia (FSCwire) - TIMIA Capital Corporation (“TIMIA” or the “Company”) (TSX-V:TCA) today announced the appointment of Oak Hill Financial Inc. for investor relations services including but not limited to: providing an investor relations program catering to IIROC retail brokerage investors; to introduce prospective IIROC retail brokerage clients to TIMIA and; to target advisor channels of distribution and will include positioning TIMIA with Canadian-based IIROC Investment Advisors and family offices.
The remuneration payable to Oak Hill will be $7,500 per month plus GST. In addition, Oak Hill has agreed to a grant of 200,000 options of TIMIA pursuant to the terms of TIMIA’s option plan at the closing market price at the time of grant. The options are expected to have a three year term and vest over a one year term, with 25% vesting every quarter. The agreement and the related stock option grant are subject to the approval of the TSX Venture Exchange. Oak Hill currently has no direct or indirect interest in the securities of TIMIA other than the previously mentioned stock options.