Zomedica Appoints PCG Advisory Group for Investor Relations and Announces Option Grants
15 Août 2017 - 12:03AM
Zomedica Pharmaceuticals Corp. (TSX-V:ZOM) ("Zomedica"), a
veterinary pharmaceutical and health care solutions company, today
announced that it has retained PCG Advisory Group, a leading
integrated communications firm, to serve as an advisor for investor
relations and social media communications strategies.
“We are very pleased to announce that we have
engaged PCG Advisory Group to communicate our story concurrent with
our near term goal to list on a major U.S. exchange,” stated Gerald
Solensky Jr., Chief Executive Officer of Zomedica. “The PCG team is
known for their dedication to the U.S. micro and small cap market,
their vast network of investors and digital/social media expertise.
The selection of PCG Advisory Group reflects our desire to further
support our goals by strategically presenting our corporate and
investor message to a wide audience of U.S. investors via
traditional investor relations and social and digital media
initiatives. As we continue to add depth to our product pipeline as
well as strategic collaborations, now is the time to ensure the
Zomedica investment case is heard throughout the investment
community. We believe that PCG’s broad approach and senior team is
the right partner for raising awareness across the stakeholder
spectrum.”
“We look forward to working together with the team
at Zomedica to achieve their communications and stakeholder
awareness goals,” said Jeff Ramson, Founder and Chief Executive
Officer of PCG Advisory Group. “With a clear focus on developing a
diversified portfolio of diagnostics, devices, innovative drugs,
and drug-delivery technologies, Zomedica is well positioned to
capitalize on the growth opportunity in the veterinary
pharmaceutical and health care solutions market. We believe
Zomedica’s investment case and outlook for growth, supported by its
developing product pipeline while investigating strategies for
domestic and global commercialization, will resonate well across
PCG’s networks of investors, bloggers, journalists, and other key
stakeholders. With positive growth potential coinciding with a U.S.
investment community focus, we are pleased to embark on a targeted
stakeholder marketing initiative.”
Zomedica has entered into an agreement with PCG
Advisory Group (which is subject to approval of the TSX Venture
Exchange (“TSX-V”), the consideration under which shall consist of
a monthly fee payable by Zomedica in the amount of US$7,500,
commencing August 14, 2017 for a period of twelve months ending on
August 13, 2018. Zomedica may terminate the agreement at any time
after February 14, 2018 upon the provision of 30 days written
notice. PCG Advisory Group has also been granted stock options to
acquire up to an aggregate of 75,000 Common Shares of Zomedica.
Each of the stock options is exercisable for a one-year term
expiring on August 14, 2019 at price of C$2.75 per Common Share.
Such options vest quarterly over a period of one year and shall be
subject to regulatory approval and the provisions of Zomedica's
Stock Option Plan.
Zomedica also announces that, pursuant to its stock
option plan, it has granted stock options to acquire up to an
aggregate of 1,205,000 Common Shares, of which, 1,100,000 stock
options were granted to certain officers of Zomedica. Each of the
stock options is exercisable for a two-year term expiring on August
14, 2019 and exercisable until that time at a price of C$2.75 per
Common Share. On August 11, 2017, the last day that the Common
Shares traded prior to the granting of the stock options, the
closing price of the Common Shares on the TSX Venture Exchange was
C$2.40 per share. The foregoing stock options all vested
immediately upon the date of grant. All of the stock options
announced herein (including those granted to PCG Advisory Group),
and any Common Shares issued upon exercise of the stock options,
are subject to standard hold period restrictions, including a
four-month hold period under Canadian securities laws expiring on
December 15, 2017.
About ZomedicaWith U.S. operations
based in Ann Arbor, Michigan, Zomedica is a veterinary
pharmaceutical and health care solutions company creating products
for companion animals (canine, feline and equine) by focusing on
the unmet needs of clinical veterinarians. Zomedica is developing a
diversified portfolio to include diagnostics, devices, innovative
drugs, and drug-delivery technologies. With a team comprised of
clinical veterinary professionals, it is Zomedica’s mission to give
veterinarians the opportunity to lower costs, increase
productivity, and grow revenue while better serving the animals in
their care. For more information, visit www.ZOMEDICA.com.
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Reader AdvisoryNeither 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 the release.
Except for statements of historical fact, this news
release contains certain "forward-looking information" within the
meaning of applicable securities law. Forward-looking information
is frequently characterized by words such as "plan", "expect",
"project", "intend", "believe", "anticipate", "estimate" and other
similar words, or statements that certain events or conditions
"may" or "will" occur. Although we believe that the expectations
reflected in the forward-looking information are reasonable, there
can be no assurance that such expectations will prove to be
correct. We cannot guarantee future results, performance or
achievements. Consequently, there is no representation that the
actual results achieved will be the same, in whole or in part, as
those set out in the forward-looking information.
Forward-looking information is based on the
opinions and estimates of management at the date the statements are
made, and are subject to a variety of risks and uncertainties and
other factors that could cause actual events or results to differ
materially from those anticipated in the forward-looking
information. Some of the risks and other factors that could cause
the results to differ materially from those expressed in the
forward-looking information include, but are not limited to:
uncertainty as to whether our strategies and business plans will
yield the expected benefits; availability and cost of capital; the
ability to identify and develop and achieve commercial success for
new products and technologies; the level of expenditures necessary
to maintain and improve the quality of products and services;
changes in technology and changes in laws and regulations; our
ability to secure and maintain strategic relationships; risks
pertaining to permits and licensing, intellectual property
infringement risks, risks relating to future clinical trials,
regulatory approvals, safety and efficacy of our products, the use
of our product, intellectual property protection and the other risk
factors disclosed under our profile on SEDAR at www.sedar.com.
Readers are cautioned that this list of risk factors should not be
construed as exhaustive.
The forward-looking information contained in this
news release is expressly qualified by this cautionary statement.
We undertake no duty to update any of the forward-looking
information to conform such information to actual results or to
changes in our expectations except as otherwise required by
applicable securities legislation. Readers are cautioned not to
place undue reliance on forward-looking information.
Investor Relations Contact
Shameze Rampertab, CPA, CA
srampertab@zomedica.com
+1 647.283.3630
PCG Advisory Group
Kirin Smith, COO
ksmith@pcgadvisory.com
+1 646.863.6519
www.pcgadvisory.com
Media Contact
Andrea Eberle
aeberle@zomedica.com
+1 734.369.2555
Zomedica Pharmaceuticals (TSXV:ZOM)
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