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Enter Symbol
or Name
USA
CA



QSolar Ltd
Symbol QSL
Shares Issued 73,748,912
Close 2014-07-03 C$ 0.39
Market Cap C$ 28,762,076
Recent Sedar Documents

QSolar extends public eye IR contract, grants option

2014-07-04 11:25 ET - News Release

Mr. Andreas Tapakoudes reports

QSOLAR LIMITED EXTENDS INVESTORS RELATIONS FIRM CONTRACT FOR EUROPE AND GRANT OF STOCK OPTIONS

QSolar Ltd. has extended the contract of public eye CONSULTING to provide investor relations, corporate communications and general corporate development consulting services for the corporation for Germany, Austria, Switzerland, and throughout Europe. public eye had been retained for an initial term of three months and the contract has now been extended to July 3, 2015. The agreement between public eye and the corporation is designed to increase public awareness of QSolar and its technologies in the European financial community.

public eye is a German-based investor relations and corporate development consulting firm owned by Karsten Busche of Berlin, Germany. It has a self-professed focus on the discovery of undervalued and promising growth companies, and serves these companies by increasing visibility and accessing capital through an experienced network of investors.

Mr. Busche has an extensive background in the European financial community, and has been involved with investor relations and corporate development consulting for a variety of public companies trading on the Canadian stock exchanges as well as numerous private companies. He will be providing the services on behalf of public eye. Mr. Busche was instrumental in advising and assisting QSolar on its recent Frankfurt Stock Exchange over-the-counter listing announced April 10, 2014.

In consideration of the investor relations services provided and to be provided for Europe, QSolar will pay a monthly fee of 5,000 euros and has granted Mr. Busche stock options to acquire up to a total of 200,000 common shares of QSolar. The contract may be terminated at any time by QSolar with 30 days written notice. The options will vest as to 50,000 immediately, and the balance of 50,000 options each vesting Oct. 1, 2014, Jan. 1, 2015, and April 1, 2015, respectively. The options are exercisable at any time up until the close of business on July 3, 2015, subject to a 30-day exercise provision on termination for those options that have vested as stipulated in Mr. Busche's stock option agreement, and subject to the corporation's stock option plan. The stock options have an exercise price of 40 cents per share.

The granting of these options is subject to certain requisite filings and approval by the Canadian Stock Exchange.

We seek Safe Harbor.

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