MomentumPR, a Quebec-based company, is a public, investor and media relations agency serving publicly traded companies listed on the TSX Venture Exchange and specializes in launching target awareness campaigns for small- and medium-sized public companies.
Momentum will assist Arctic Star in increasing public awareness of the company by managing the company’s corporate communications and marketing activities, and facilitating dialogue with the company’s shareholders, finance professionals, analysts and media contacts.
The principal of MomentumPR is Max Gagne. Mr. Gagne owns 400,000 shares and 400,000 warrants of the company. The agreement with MomentumPR is for six months commencing Jan. 1, 2017. Momentum will be paid a fixed fee of $30,000 plus any applicable taxes, payable at the beginning of the contract period. MomentumPR has also been granted 300,000 stock options exercisable for five years at a price of 8.5 cents. The agreement with MomentumPR is subject to approval by the TSX Venture Exchange.
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