Mr. Mark Baggio reports
ZINC8 ANNOUNCES INVESTOR RELATIONS AND CAPITAL MARKETS ADVISORY SERVICES ENGAGEMENT WITH INCITE CAPITAL MARKETS
Zinc8 Energy Solutions Inc. has entered into an engagement with Incite Capital Markets Inc. of Vancouver, B.C., Canada, to provide investor relations and capital markets advisory services to the company.
Incite will initiate and strengthen relationships with the financial community including shareholders, investors and other stakeholders for the purpose of increasing awareness of the company, its technology and its activities. A key part of this mandate will focus on increasing visibility and building relationships with analysts, investment dealers, financial advisers and other investment professionals. Incite will also spearhead the company's investor relations initiatives, including its participation in investment conferences, and planning and organization of investor events, and assist in the dissemination of company news and information to Zinc8 stakeholders. Incite Capital and its executives currently hold approximately 5 per cent of the issued and outstanding shares of Zinc8 Energy Solutions.
The agreement with Incite has an initial term of 12 months, for which Incite will be paid a monthly fee of $15,000 and will be granted an option to acquire 200,000 common shares of Zinc8 at a price of 20 cents per share. The options will be exercisable for a period of three years from the date of grant and will vest monthly over the first 12 months of the contract.
About Zinc8 Energy Solutions Inc.
Zinc8 has assembled an experienced team to execute the development and commercialization of a dependable low-cost zinc-air battery. This mass storage system offers both environmental and efficiency benefits. Zinc8 strives to meet the growing need for secure and reliable power.
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