YUBA CITY, CA--(Marketwired - Oct 1, 2015) - Purebase Corporation (OTCQB: PUBC) announced today that it has signed a Placement Agent and Advisory Services Agreement with Monarch Bay Securities.
Monarch has been retained by Purebase as the exclusive placement agent to assist and advise Purebase in raising new debt and/or equity capital. Proceeds will be used for expansion of Purebase's product distribution channels, expansion and development of its industrial and agricultural mineral holdings, funding acquisition opportunities, and general corporate purposes.
"We are pleased to be working with Purebase as their financial and strategic advisor to support the Company in meeting all of its current and future financing needs," stated Mr. Keith Moore, CEO of Monarch Bay Securities. "We understand the importance of strong institutional relationships in the micro cap arena and are passionate about connecting companies such as Purebase with small and micro cap institutional investors."
Non-Solicitation
This press release shall not constitute an offer to sell or the solicitation of an offer to buy any securities described herein, nor shall there be any sale of these securities in any state or other jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification or pursuant to applicable exemptions under the securities laws of any such state or other jurisdiction.
About Monarch Bay Securities, LLC.
Headquartered in El Segundo, California, Monarch Bay Securities (member FINRA/SIPC), is a full-service investment bank involved in corporate finance, mergers and acquisitions, sales and trading and other capital market services. For more information on Monarch Bay Securities, please visit www.mbsecurities.com.
About Purebase Corporation (OTCQB: PUBC)
Purebase is a diversified, natural and industrial mineral resource company providing solutions to a wide range of markets, including its cornerstone markets of agriculture and construction. Purebase acquires, develops, mines, and commercializes industrial and natural mineral deposits to service the agricultural and construction industries, both domestically and internationally. Within the agriculture industry Purebase provides soil amendments that may be used by both large farming operations and retail consumers. Within the construction industry, Purebase provides Supplementary Cementitious Material (SCM), an additive that may be used in cement for large infrastructure construction projects for government, commercial and residential buildings. For additional information, samples of our products, or to place an order, please visit www.purebase.com.
Safe Harbor
This press release contains statements, which may constitute "forward-looking statements" within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995. Those statements include statements regarding the intent, belief or current expectations of Purebase Corporation and members of its management team as well as the assumptions on which such statements are based. Such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements. Important factors currently known to management that may cause actual results to differ from those anticipated are discussed throughout the Company's Form 10-K filed March 16, 2015 and 10-Q filed April 20, 2015, and July 15, 2015 as well as other reports filed with Securities and Exchange Commission which are available at http://www.sec.gov/ as well as the Company's web site at http://www.purebase.com/. The Company undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results.
