An anonymous director reports
NRG ANNOUNCES CONSULTING AGREEMENTS
AND CLOSING OF PRIVATE PLACEMENT
NRG Metals Inc. has entered into two consulting agreements and has closed a non-brokered private placement issuing a total of 3.75 million units at eight cents per unit for aggregate gross proceeds of $300,000. Each unit consists of one common share of the company and one transferable common share purchase warrant exercisable at 16 cents per common share for a period of two years.
The company has entered into consulting agreements with Market IQ Media Group Inc. and Axe Communications Inc. Each of Market IQ and Axe were retained to provide digital marketing primarily using Google ads, digital media, corporate advisory, branding and strategic business services to the company over a four-month period for consideration of $225,000 to Market IQ and $75,000 to Axe. The company prepaid the total amount of $300,000 to these two entities using cash on hand. Market IQ is located in Vancouver, B.C., and owned by Brady Middleditch. Axe is located in Vancouver, B.C., and owned by Chris Jackson.
Subsequent to the entry into the consulting agreements, Market IQ and Axe subscribed for 3.75 million units of the company in the previously announced private placement for total subscription amount of $300,000. The company has received full payment for the private placement units from these two entities by cheque.
We seek Safe Harbor.
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