MONTREAL, Nov. 6 /CNW Telbec/ - Ranaz Corporation ("Ranaz") (TSX-V: RNZ)
is pleased to announce that it has signed an agreement with SOLAK
Communications for investor relations and financial communications services to
be provided by SOLAK's President and founder, François Kalos.
François Kalos has broad experience in the field of financial
communications and investor relations, having advised more than thirty
companies over the last 15 years.
Services offered by SOLAK Communications include the creation and
implementation of a communications plan, strategic advice in regard to
financial communications, and the organization of targeted meetings with the
financial community. The agreement provides for Ranaz to pay SOLAK an amount
of $3,000 per month and grant it 60,000 stock options at an exercise price of
$1.15 per share, which corresponds to the closing price of Ranaz's shares on
the TSX Venture Exchange the day before the signing of this agreement. The
other conditions of the options are governed by Ranaz's stock option plan.
The agreement is of an initial duration of 12 months.
About Ranaz Corporation
Ranaz is a corporation specializing in the manufacture and marketing of
protein and dietary supplements in relation to weight loss and obesity
treatments. Its mission is to design, develop and market nutritional, protein
and dietary supplements under its own corporate brands, such as Protidiet and
ProtiLife, as well as under private labels.
Certain statements contained in this news release, other than statements
of fact that are independently verifiable at the date hereof, may constitute
forward-looking statements. Such statements, based as they are on the current
expectations of management, inherently involve numerous risks and
uncertainties, known and unknown, many of which are beyond Ranaz's control.
Such risks include but are not limited to: the impact of general economic
conditions, changes in the regulatory environment in the jurisdictions in
which Ranaz does business, stock markets volatility, fluctuations in costs,
and changes to the competitive environment due to consolidation, as well as
other risks disclosed in public filings of Ranaz. Consequently, actual future
results may differ materially from the anticipated results expressed in the
forward-looking statements. The reader should not place undue reliance, if
any, on the forward-looking statements included in this news release. These
statements speak only as of the date made and Ranaz is under no obligation and
disavows any intention to update or revise such statements as a result of any
event, circumstances or otherwise.
The TSX Venture Exchange has not reviewed and does not accept
responsibility for the adequacy or accuracy of this release.
For further information:
For further information: Martin Vidal, Ranaz Corporation, Executive Vice
President, (450) 491-7106, ext. 213, firstname.lastname@example.org; François
Kalos, SOLAK Communications, President, (450) 993-0828, email@example.com