RE:RE:RE:RE:Buckle up....Gonna be a wild ride RYU Apparel Engages Oak Ridge Financial
VANCOUVER, BC, Feb. 18, 2021 /CNW/ - RYU Apparel Inc. (TSXV: RYU) (OTCQB: RYPPF) (FWB: RYAA) ("RYU" or the "Company"), a creator of award-winning urban athletic apparel, is pleased to announce it has engaged Minneapolis based, Oak Ridge Financial, ("Oak Ridge") member of member of FINRA and SIPC, to support the company's investor relations and financial markets communication strategy.
Oak Ridge Financial will work closely with RYU management and Investor Relations team to develop and champion a market strategy designed to increase RYU's visibility throughout the investment community. With a strategic focus on the U.S., Oak Ridge Financial has fostered a reputation as a premier boutique resource for institutional investors, brokers, analysts and private investors. They will be advising the Company in all facets of corporate and financial communications, including the coordination of roadshows and investment conferences across key cities as well as building RYU brand awareness among those investors interested in the company.
Russell King, CEO of Oak Ridge Financial stated, "Oak Ridge is thrilled to partner with RYU. We feel their award winning urban athletic apparel brand and recent management additions provide the company with a foundation necessary to execute on their strategy and we look forward to working with the RYU team."
Cesare Fazari, Chairman and CEO, commented, "We are excited to be working with Oak Ridge Financial. They have an incredible track record in the Capital markets and demonstrate once again that our Company engages in key partnerships. We believe that this advisership with Oak Ridge Financial will support our existing shareholders with enhanced liquidity as well as expand our universe of potential investors and shareholders in the U.S."
Terms of Advisory Agreement
The term of this Agreement will run for twelve (12) months from the date of this letter and may be extended by mutual consent of the parties (the "Term") on an annual basis. A monthly advisory fee of $4,000, payable upon the first day of every month, for the twelve (12) months of this Agreement.