Visionstate Corp. Retains CHF Capital Markets for Investor Relations and Corporate Communications Services
March 03 2021 - 9:00AM
Visionstate Corp. (TSX-V: VIS) (“Visionstate” or the
“Company”) is pleased to announce that it has engaged
CHF Capital Markets (“CHF”), a highly-regarded Canadian investor
relations and capital markets firm, as its representative.
“2020 proved to be a pivotal year in the
Company’s history with the pandemic forcing public facilities to
finally realize the importance of cleaning compliance, tracking and
accountability. Visionstate focused most of its efforts on business
development in the past year, having seen an unprecedented surge in
the interest in the Company’s WANDA IoT solution. The results of
those efforts are now in – Visionstate has reported its first
operational profit and keeps growing at an accelerated pace.
Therefore, we feel that now is the perfect time to get the
Company’s name in front of a larger group of investors and ramp up
our IR, PR and Marketing activities. Visionstate has had the
pleasure of working with the CHF team in the past and we are very
impressed with the work they have done for us,” said John Putters,
CEO of Visionstate. “With a lot of exciting developments
Visionstate has on the horizon, we are looking forward to
partnering with CHF to help present our message across multiple
communication channels.”
Effective immediately, the services agreement
for investment community outreach, corporate
communications and digital marketing is for a term
of 12 months ending February 28, 2022.
Thereafter, the contract may be extended with a two months’
termination notice. Under the terms of the agreement, which is
subject to the TSX Venture Exchange approval, CHF will receive a
monthly compensation of $6,500 + GST. CHF has been granted
incentive stock option of 500,000 shares priced in the context of
the market.
About CHF Capital Markets
CHF Capital Markets (www.chfcapital.com) is a
Toronto-based firm specializing in Investor Relations. With more
than 80 years of collective IR & Capital Markets experience,
CHF has been a trusted partner for many public companies in Canada
and worldwide, operating in a broad range of industries including
Mining, Technology, Financial Services, Healthcare, Oil & Gas,
and Special Situations.Its team consists of a diverse pool of
talent that combines analytical and creative skills – high-profile
communications and investment industry specialists, digital media
experts, content creators and graphic designers – making it a
one-stop shop for all your communication needs in the public
sector.
About Visionstate Corp.
Visionstate Corp. (TSX-V: VIS) is a
growth-oriented company that invests in the research and
development of promising new technology in the realm of the
Internet of Things, big data and analytics, and sustainability.
Through Visionstate Inc., it helps businesses improve operational
efficiencies, reduce costs and elevate customer satisfaction with
its state-of-the-art devices that track and monitor guest
activities and requests. The footprint of its WANDA™ smart device
now extends to hospitals, airports, shopping centres and other
public facilities across and beyond North America. Through building
up a collection of synergistic technologies, Visionstate Corp. will
continue to innovate, reduce environmental impact and transform
consumer experiences. Visit the website to learn more:
https://www.visionstate.com/
Issued on behalf of the Board of Directors, “John A.
Putters”Visionstate Corp.
John Putters, CEOVisionstate Corp.Mobile:
587-985-2601Office: 780-425-9460Email: jputters@visionstate.com
Perry Rapagna, Manager, Corporate DevelopmentCHF Capital
MarketsTel: 416-868-1079 x230Email: perry@chfir.com
Forward-Looking Statements
Certain information set forth in this material
may contain forward-looking statements that involve substantial
known and unknown risks and uncertainties. All statements other
than statements of historical fact are forward-looking statements,
including, without limitation, statements regarding future
financial position, business strategy, use of proceeds, corporate
vision, proposed acquisitions, partnerships, joint-ventures and
strategic alliances and co-operations, budgets, cost and plans and
objectives of or involving the Company. Such forward-looking
information reflects management's current beliefs and is based on
information currently available to management. Often, but not
always, forward-looking statements can be identified by the use of
words such as "plans", "expects", "is expected", "budget",
"scheduled", "estimates", "forecasts", "predicts", "intends",
"targets", "aims", "anticipates" or "believes" or variations
(including negative variations) of such words and phrases or may be
identified by statements to the effect that certain actions "may",
"could", "should", "would", "might" or "will" be taken, occur or be
achieved. A number of known and unknown risks, uncertainties and
other factors may cause the actual results or performance to
materially differ from any future results or performance expressed
or implied by the forward-looking information. These
forward-looking statements are subject to numerous risks and
uncertainties, certain of which are beyond the control of the
Company including, but not limited to, the impact of general
economic conditions, industry conditions and dependence upon
regulatory approvals. Readers are cautioned that the assumptions
used in the preparation of such information, although considered
reasonable at the time of preparation, may prove to be imprecise
and, as such, undue reliance should not be placed on
forward-looking statements. The Company does not assume any
obligation to update or revise its forward-looking statements,
whether as a result of new information, future events, or
otherwise, except as required by securities laws.
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