TORONTO, Nov. 17 /CNW/ - Corbal Capital Corp. (TSX-V: ISD) today announced that it is issuing 50,000 common share purchase warrants with an exercise price of $0.35 as a part of a sponsorship agreement package entered into by its wholly-owned subsidiary iSIGN Media Corp. ("iSIGN" or "Company") with Canada's SkiCross gold medal hopeful, Ashleigh McIvor, as reported on The Toronto Stock Exchange's daily bulletin on November 12, 2009.
The warrants have an expiry date of two years from the date of issuance and are legended for four months and a day from the date of issuance.
As part of Ashleigh's promotional activities, she will be sporting an iSIGN logo on her athletic clothing, will make public appearances and participate in advertising the iSIGN brand and product.
About iSIGN Media
iSIGN Media is a leading developer of location-based interactive proximity advertising solutions that deliver rich media, permission based messages, free of charge to cell phones using Bluetooth connectivity. The Company's patent-pending advertising platform combines the precision of direct marketing and the tracking potential of the Web to deliver more cost effective and ROI-driven advertising than is possible via print, radio and television. iSIGN Media, a wholly-owned subsidiary of Corbal Capital Corp., is based in Markham, Ontario with R&D and customer support operations in Vancouver, BC. Corbal Capital is publicly traded in Toronto (TSX.V) under the symbol "ISD". Additional information about iSIGN Media can be found at www.isignmedia.com.
This news release includes certain forward-looking statements that are based upon current expectations, which involve risks and uncertainties associated with iSIGN Media's business and the environment in which the business operates. Any statements contained herein that are not statements of historical facts may be deemed to be forward-looking, including those identified by the expressions "anticipate", "believe", "plan", "estimate", "expect", "intend", and similar expressions to the extent they relate to the Company or its management. The forward-looking statements are not historical facts, but reflect iSIGN Media's current expectations regarding future results or events. These forward-looking statements are subject to a number of risks and uncertainties that could cause actual results or events to differ materially from current expectations, including the matters discussed under "Risks and Uncertainties" in the Filing Statement filed on October 9th, 2009 with the regulatory authorities. iSIGN Media assumes no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those reflected in the forward-looking statements.
(C) 2009 iSIGN Media Corp. All Rights Reserved. All other trademarks and
trade names are the property of their respective owners.
Neither TSX Venture Exchange nor its Regulation Services Provider (as
that term is defined in the policies of the TSX Venture Exchange) accepts
responsibility for the adequacy or accuracy of this release.
SOURCE ISIGN MEDIA CORP.
For further information: For further information: Chiriga Derrick, Marketing Director, iSIGN Media Corp., (905) 530-2405, firstname.lastname@example.org