Monthly Archives: May 2014

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SponsorsOne announced today that it has engaged Investor Cubed Inc. to provide investor relations and shareholder communications services. Investor Cubed will be focused on increasing investor awareness while introducing SponsorsOne to its network of investment advisors, investment dealers, institutions and other financial professionals.

In connection with the engagement, Investor Cubed has entered into a management services agreement with the Company pursuant to which the Company agrees to pay Investor Cubed a fee of $5,000 per month for a term of twelve months in consideration for the performance of the investor relations services. In addition, the Company has granted Investor Cubed options to purchase 100,000 common shares of SponsorsOne at a purchase price of $0.87 per share. The options to purchase shares will vest on a quarterly basis and will be governed by the provisions of the Company’s stock option plan and policies of the Canadian Securities Exchange.

Neil Simon, Investor Cubed’s CEO comments: “We are excited to be working with SponsorsOne as they represent a unique opportunity for investors in the small cap sector. We see SponsorsOne revolutionizing the rapidly growing digital marketing industry and changing the way global brands manage their digital marketing campaigns as they embrace the Company’s proprietary sponsorship currency and SponsorsCloud platform”.

Gary Bartholomew, SponsorsOne’s Executive Chairman, comments: “Our management team is committed to raising market awareness for SponsorsOne. The appointment of Investor Cubed brings an experienced investor relations group with broad industry contacts to our team. Having Investor Cubed’s assistance in communicating SponsorsOne’s message to the public markets will be helpful to keep our current stakeholders informed of our progress and attract new investors to become stakeholders.”

View the Full Press Release.

SponsorsOne announced today  that it intends to raise up to $3,000,000 through a non-brokered private placement (the “Offering”) of up to 3,529,412 units (a “Unit”) at a price of $0.85 per Unit subject to approval of the Canadian Securities Exchange (the “CSE”).

Each Unit will consist of one common share in the capital of the Corporation (a “Share”) and one half of one nontransferable common share purchase warrant (a “Warrant”), with each whole Warrant entitling the Subscriber to purchase an additional common share in the capital of the Company (a “Warrant Share”) at a price of $1.10 per Warrant Share for a period of twenty-four (24) months from the closing date. Proceeds of the Offering will be used for product development, sales and marketing, acquisitions, working capital and related legal fees.

View the full press release.