Advanced Proteome Therapeutics Corporation Enters Into Investor Relations Agreement
August 07 2009 - 3:40PM
Marketwired
Advanced Proteome Therapeutics Corporation (the "Corporation" or
"APC") (TSX VENTURE: APC) is pleased to announce that it has
retained Gale Capital Corporation ("Gale"), a Vancouver-based
company specializing in corporate finance and communications, to
provide the Corporation with investor relations services.
The Agreement between the Corporation and Gale (the "IR
Agreement") is for a period of three months. Gale is a full and
comprehensive provider of corporate finance and investor relations
services, and will assist the Corporation in fostering productive,
continuing dialogues with analysts, brokers, investors and other
financial professionals.
Gale will receive a monthly retainer of $8,000 during the term
of the IR Agreement, for an aggregate consideration of $24,000. The
Corporation has also granted an option to purchase up to 600,000
common shares to Gale, exercisable for a period of two years at an
exercise price of $0.30 per share. The options are granted pursuant
to the Corporation's Stock Option Plan and will vest in accordance
with the provisions therein and the policies of the TSX Venture
Exchange.
The IR Agreement is subject to review and approval by the TSX
Venture Exchange.
Gale
Gale is a leading provider of outsourced investor relations to
Canadian public companies. Gale's strength is its disciplined
marketing approach to the development and execution of strategic,
customized investor relations programs.
About Advanced Proteome Therapeutics Corp. (APC).
APC's primary corporate mission is to apply its proprietary drug
delivery and drug redevelopment technologies to produce new,
improved versions of therapeutic proteins and pioneer the emerging
field of protein-site targeting for commercially relevant
applications. The market for therapeutic proteins and peptides is
expected to surpass more than 50 Billion USD by the year 2010 and
is the fastest growing segment of the pharmaceutical market. Future
growth however depends largely on the industry overcoming a number
of hurdles, including drug delivery challenges.
ON BEHALF OF THE BOARD
Alexander (Allen) Krantz, President and Chief Executive
Officer
The forward-looking statements contained in this news release
involve risks and uncertainties, and are subject to change based on
various important factors including timely development and
acceptance of new products, gaining product approval, successful
entry into new markets, changes in financing conditions, and
changes in FDA regulations.
Neither the TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
Contacts: Gale Capital Corporation 604.221.7604 604.221.7606
(FAX) galecapital@shaw.ca
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