MONTREAL, Nov. 4, 2013 /CNW Telbec/ - Intema Solutions, Inc. (TSXV: ITM) ("Intema" or the "Corporation") today announced that, subject TSX Venture Exchange approval, it has engaged CHF Investor Relations (CHF) as its investor relations adviser and market-maker.
Pursuant to a services agreement, Intema has retained CHF to provide investor relations and market-making services for a twelve-month term. Pursuant to the agreement, CHF will receive a monthly fee of $2,500, additional fees for ad-hoc projects, and reimbursement of relevant disbursements. CHF has been granted 500,000 options to purchase common shares in the capital of Intema at an exercise price of $0.10 per share for a period of five (5) years, of which 25% of the options will vest in subsequent three-month periods from the grant date. In the event CHF's services are terminated, all of the outstanding options will be cancelled after 30 days. The agreement may be terminated upon the provision of 30 days' written notice.
The market-making activity will be conducted using a registered broker in compliance with Policy 3.4 of the TSX Venture Exchange Corporate Finance Manual (the "Manual"), IIROC's Universal Market Integrity Rules & Policies (2010) and other relevant policies, so that trading orders in Intema shares are made to manage share price volatility and imbalances of orders in order to improve trading liquidity on the TSX Venture Exchange. In accordance with Policy 3.4, Section 2.8 of the Manual that states that "an Issuer may not use its own funds, or provide direct or indirect compensation to other parties to undertake a market-making function in its securities," the Corporation and CHF confirm that capital for the purposes of market-making has not and will not be provided from the Corporation.
Prior to the grant of the Options outlined above, CHF had no direct or indirect interest in the Corporation or its securities.
About CHF Investor Relations
CHF's capital market experience dates back to the late 1970s. Under the same management for 20 years, CHF was the first Canadian IR consulting firm to provide market-making services to its emerging and small-cap clients alongside all the IR activities that the large-cap companies are able to handle in-house. CHF serves an international portfolio of CNSX, TSX Toronto Stock Exchange and TSX Venture Exchange listed companies, and others that may seek to list on Canadian and U.S. Exchanges that operate in a broad range of industries including business products and services, mineral resource exploration and development, mining production, oil & gas, high-tech, biotech, industrial products and services, special situations and niche consumer products.
About INTEMA Solutions Inc.
INTEMA's mission is to integrate technologies to marketing. Its services include predictive marketing, relationship marketing and database marketing. Amongst its clients are companies of all sizes in North America. For more information, visit www.intema.ca.
Neither TSX Venture nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture) accepts responsibility for the adequacy or accuracy of this release.
SOURCE: INTEMA Solutions inc.
For further information:
Roger Plourde, CEO
Intema Solutions, Inc.
Tel: (514) 861-1881
Cathy Hume, CEO
CHF Investor Relations
Tel: (416) 868 1079 ext. 231
Email: [email protected]