China Keli Retains Brisco Capital Partners Corp. For Investor Relations Services
05 Gennaio 2011 - 11:27PM
Marketwired
China Keli Electric Company Ltd. (TSX VENTURE: ZKL) ("China Keli"
or the "Company") is pleased to announce that the Company has
retained the services of Brisco Capital Partners Corp. ("Brisco")
to provide investor relations services for the Company, subject to
regulatory approval. Brisco is a Calgary based IR consultancy
managed by Scott Koyich, an investor relations professional with 15
years of experience providing investor relations services for
public companies.
Brisco takes a full service approach to investor relations and
provides creative, effective results-driven investor relations
programs for Canadian public companies. Brisco will assist the
Company in the formulation of strategic plans to better access
capital, financial networking and budgets for matters concerning
the Company's corporate image. Brisco will also assist in the
preparation of corporate information regarding the activities,
developments and prospects of the Company and distribution of such
information to the investment community. Brisco has a proven
professional service record in the presentation of emerging and
growth companies to a wide and diverse set of relevant
audiences.
The term of the agreement between China Keli and Brisco is for a
12-month period, may be extended by mutual consent. Brisco will
receive a monthly fee of $7,500 and will be granted 450,000 stock
options. The stock options will vest equally and quarterly over the
first 12 months after issuance. The stock options expire at the
earlier of 30 days after termination of the agreement, or 2 years
from the date of issuance.
China Keli looks forward to working with Scott and Brisco to
broaden the awareness of the Company's exciting progress as a
rapidly growing, profitable company focussed on the exceptional
large growth market of power distribution products in SE. Asia,
especially China.
The Company is also pleased to announce the appointment of Dr.
Michael Raymont, currently a Director of the Company, to the
position of EVP Finance and Business Development. Dr. Raymont's
experience and presence in North America will help the Company
expand awareness with stakeholders and the investment community.
"We are very pleased to have someone with Dr. Raymont's expertise
join China Keli at this exciting time in the Company's growth,"
said Madame Wong, Chairperson, China Keli.
About China Keli Electric Company Ltd.
China Keli is a hi-tech company that develops, manufactures and
installs hi-voltage electrical components and equipment, including
preassembled mini-substations, electrical controllers,
pressurized/vacuumed switchgears and circuit breakers in the
People's Republic of China. China Keli's markets include electrical
transmission and distribution systems, Smart Grid, and the
transportation sector (railways, subways, street lighting,
etc.).
ON BEHALF OF THE BOARD OF DIRECTORS
Mr. Lou Meng Cheong, CEO
Legal Notice Regarding Forward Looking Statements: This news
release contains "forward-looking statements within the meaning of
applicable Canadian securities legislation. Forward-looking
statements are indicated expectations or intentions.
Forward-looking statements in this news release include that we
will develop and commercialize new products through research and
development initiatives, which will raise the value proposition for
our stakeholders, ensure financial growth and protect, remediate
and preserve the environment. The Company's products involve
detailed proprietary and engineering knowledge and specific
customer adoption criteria, hence factors that could cause actual
results to be materially different include that sales do not
necessarily translate to profits, we may not have sufficient
capital to produce and deliver orders or develop new products;
orders that are placed may be cancelled, competition may offer
improved or cheaper technology, product may not perform as well as
expected, markets may not develop as quickly as anticipated or at
all or that the productive capacity of Kelso may not be large
enough to handle market demand. Further, we are reliant on certain
key employees and we may be unable to protect or defend our
intellectual property. Investors are cautioned against placing
undue reliance on forward-looking statements.
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 of this
release.
Contacts: Brisco Capital Partners Scott Koyich President (403)
262-9888 skoyich@briscocapital.com China Keli Electric Company Ltd.
Michael Raymont EVP Finance and Business Development (403) 389-3488
mraymont@zkl.com China Keli Electric Company Ltd. Mr. Lou Meng
Cheong CEO (604) 270-2345
Grafico Azioni China Keli Electric Company Ltd. (TSXV:ZKL)
Storico
Da Set 2024 a Ott 2024
Grafico Azioni China Keli Electric Company Ltd. (TSXV:ZKL)
Storico
Da Ott 2023 a Ott 2024