NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR DISTRIBUTION TO U.S.
WIRE SERVICES
CALGARY, Jan. 6, 2017 /CNW/ - Trakopolis IoT Corp.
(TSXV: TRAK), is pleased to announce it has engaged The Howard
Group as its capital markets communications advisor to direct both
traditional and online initiatives targeting the investment
community and the investing public.
The agreement is for one year, with a minimum six-month term,
effective January 1, 2017. The
remuneration payable to The Howard Group will be $8,500 per month plus GST. In addition, The
Howard Group has been granted 90,000 options to acquire common
shares in the capital of Trakopolis with a three-year term and an
exercise price of $1.00, vesting over
a period of 18 months. The agreement is subject to the approval of
the TSX Venture Exchange.
Since 1988, The Howard Group has provided comprehensive investor
outreach and capital markets programs, financing assistance,
business development solutions and strategic planning to public
companies.
In addition, The Howard Group Inc. will be providing an ongoing
commentary on Trakopolis' activities through its Insight blog.
Interested parties are encouraged to subscribe to the
commentary feed: https://howardgroupinc.com/howard-group-blog/.
About Trakopolis
Trakopolis is a Software as a Service (SaaS) company with
proprietary, cloud based solutions for real time tracking, data
analysis and management of corporate assets such as equipment,
devices, vehicles and people. The company's asset management
enabling technology works across a variety of platforms and
devices. Trakopolis has a diversified revenue stream from oil and
gas, forestry, transportation, mining, gas detection and
insurance.
Forward-Looking Information
This news release includes certain "forward-looking
statements" under applicable Canadian securities legislation that
are not historical facts. Forward-looking statements involve risks,
uncertainties, and other factors that could cause actual results,
performance, prospects, and opportunities to differ materially from
those expressed or implied by such forward-looking statements.
Forward-looking statements in this news release include, but are
not limited to, statements regarding the ongoing services of The
Howard Group and the achievement of Trakopolis' capital markets
objectives. Forward-looking statements are necessarily based on a
number of estimates and assumptions that, while considered
reasonable, are subject to known and unknown risks, uncertainties
and other factors which may cause actual results and future events
to differ materially from those expressed or implied by such
forward-looking statements. Such factors include, but are not
limited to the success of The Howard Group and Trakopolis in
achieving Trakopolis' capital markets objectives, general business,
economic and social uncertainties, litigation, legislative,
environmental and other judicial, regulatory, political and
competitive developments, those additional risks set out in the
Trakopolis' public documents filed on SEDAR at www.sedar.com and
other matters discussed in this news release. Although Trakopolis
believes that the assumptions and factors used in preparing the
forward-looking statements are reasonable, undue reliance should
not be placed on these statements, which only apply as of the date
of this news release, and no assurance can be given that such
events will occur in the disclosed time frames or at all.
Except where required by law, Trakopolis disclaims any intention or
obligation to update or revise any forward-looking statement,
whether as a result of new information, future events, or
otherwise.
Neither 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.
SOURCE Trakopolis IoT Corp.