Vancouver, British Columbia (FSCwire) - The Wonderfilm Media Corporation. (TSXV: WNDR), (“Wonderfilm” or the “Company”) is pleased to announce that it has retained the services of Thesis Capital Inc. (“Thesis”) of Toronto, Ontario, Canada, a leading investor relations and capital markets advisory firm servicing Canadian small cap companies across the North American markets, for the provision of investor relations and communication services.
Thesis is a full and comprehensive provider of investor relations that will initiate and maintain contact with the financial community, shareholders, investors and other stakeholders for the purpose of increasing awareness of Wonderfilm and its activities. The Company and Thesis act at arm’s length and Thesis has no present interest, directly or indirectly, in the Company or its securities.
Thesis has been retained for an initial term of 4 months. The Company can terminate the agreement at any time during, upon one month’s notice. Thesis will be paid a monthly fee of CAD$6,000 plus reasonable out of pocket expenses. Additionally, Thesis has also been granted 150,000 options to purchase common shares of the Company exercisable at $0.60 per share. The fee paid by the Company to Thesis is for services only.
The Company also announces that the Board of Directors has authorized the granting of incentive stock options to certain directors, officers and consultants of the Company to acquire an aggregate of 1,160,000 common shares of the Company with an exercise price of $0.60 per share expiring August 21, 2019.
The engagement of Thesis and the stock options will be filed pursuant to the policies of the TSX Venture Exchange and subject to regulatory acceptance.
Neither the TSX Venture Exchange Inc. (“Exchange”) nor its regulation services provider (as that term is defined in the policies of the Exchange) accepts responsibility for the adequacy or accuracy of this press release.
Wonderfilm is a leading publicly traded (TSX Venture Exchange) entertainment company with offices in Beverly Hills, Vancouver, Canada and Seoul, South Korea. Wonderfilm’s main business is the production of high-quality feature films and episodic television that offer international appeal through the Company’s guiding philosophy of bringing new financing solutions to an entertainment industry increasingly looking for funding and co-production alternatives.
This press release contains forward-looking statements that are subject to substantial risks, uncertainties and assumptions. All statements other than statements of historical fact contained in this press release are forward-looking statements. These statements often include words such as “believe,” “expect,” “target,” “anticipate,” “forecast,” “intend,” “plan,” “projects,” “seek,” “will,” “may” or similar expressions. Forward-looking statements are subject to a number of risks and uncertainties, many of which involve factors or circumstances that are beyond Wonderfilm’s control and Wonderfilm’s actual results could well differ materially from those stated or implied in forward-looking statements due to several factors.
Although Wonderfilm believes that the expectations reflected in the forward-looking statements are reasonable, the Company cannot guarantee that the events and circumstances reflected in the forward-looking statements will be achieved or occur. The timing of events and circumstances and actual results could differ materially from those projected in the forward-looking statements. Accordingly, one should not place undue reliance on forward-looking statements. All such reflect the date made only. Wonderfilm undertakes no obligation to update or publicly revise any forward-looking statements, whether as a result of new information, future events or otherwise.
For further details, please see the Company’s documents filed on the System for Electronic Document Analysis and Retrieval at www.sedar.com.
For further information, please contact:
The Wonderfilm Media Corporation
Chief Executive Officer
IR — Thesis Capital Inc.