Jemi Fibre enters investor relations agreement with Transcend Resource Group
Jemi Fibre Corp. has entered into an investor relations agreement with Transcend Resource Group to provide investor relation services. Transcend will initiate and maintain contact with the financial community, and investors in North America and Europe for the purpose of increasing awareness of the company and its activities.
ByLesprom Network
Dec 04, 2014. /Lesprom Network/. Jemi Fibre Corp. has entered into an investor relations agreement with
Transcend Resource Group to provide investor relation services. Transcend will
initiate and maintain contact with the financial community, and investors in
North America and Europe for the purpose of increasing awareness of the company
and its activities, as the company said in the press release received by
Lesprom Network.
The agreement with Transcend is for an initial two month term during
which Transcend will receive a fee of $5,000 and will be granted 20,000
incentive stock options at an exercise price of $1.00 per share. The stock
options will vest immediately and will expire at the end of one year.
The Company has also granted 200,000 options to an employee of the
Company. The options are exercisable at $1.00 per share for five years.
The noted option grants are subject to the approval of the TSX Venture
Exchange and the termination provisions of the Company's stock option plan.
Jemi Fibre's operations consist of a full service contract logging
division, with operations in Mackenzie and Cranbrook, a sawmill located in
Edgewater producing high value lumber products, a wood preserving facility in
Cranbrook and private timberlands located in the Kootenay Region.
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