iLOOKABOUT Announces Engagement of Investor Relations Services Provider, Adelaide Capital
TORONTO, Feb. 14, 2019 (GLOBE NEWSWIRE) — iLOOKABOUT Corp. (TSXV:ILA) (“iLOOKABOUT” or “the Company”) today announced that it has retained Adelaide Capital Markets Inc. (“Adelaide Capital Markets”) to provide investor relations services, effective immediately. Adelaide Capital Markets is based in Toronto, ON and has been engaged to assist with, among other matters, the following: (i) expand the following and involvement of the investment community; (ii) create corporate materials; (iii) co-ordinate the distribution of corporate materials; (iv) prepare and distribute news releases; (v) co-ordinate investor roadshows; and (vi) co-ordinate shareholder meetings. Adelaide Capital Markets specializes in institutional, retail and high net worth clients. They work with small-cap growth companies in mining, healthcare, technology, industrials and special situations. Services offered include key message development, establishing sell side analyst coverage, investor days, national and international roadshows and conference opportunities along with communications support.
Adelaide Capital Markets will provide services for an initial committed term ending April 14, 2019, and thereafter on a month to month basis. Cash compensation for the services will be $21,000 for the initial term, and $7,000 per month thereafter. The Company will also grant Adelaide Capital Markets 25,000 stock options of the Company, which will vest fully upon grant. These options have an exercise price of $0.175 per common share and will expire five years from the date of grant if not exercised. These options are subject to the terms and conditions of the Company’s Stock Option Plan and the approval of the TSX Venture Exchange.
Adelaide Capital Markets is not related to the Company and, with the exception of the stock options noted above, has no interest, directly or indirectly, in the Company or its securities.
iLOOKABOUT is a software, data analytics, data aggregation and visual intelligence company focused on real property. The Company primarily serves the property assessment, property taxation, municipal, insurance, and appraisal sectors, both public and private, in North America. iLOOKABOUT provides powerful data analytics to the real estate industry through its Real Property Tax Analytics software offering. The Company’s proprietary StreetScape imagery and real property focused web-based application, GeoViewPort unifies property related data and enables desktop review of properties. iLOOKABOUT has integrated analytics and workflow management applications into GeoViewPort which create highly valued service offerings for its clients. To augment its technology-based offerings, the Company provides real estate consulting services, with a focus on the Property Tax and Valuation sectors.
iLOOKABOUT’s common shares are traded on the TSX Venture Exchange under the symbol ILA.
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.
CONTACT: Contact: Mr. Gary Yeoman, CEO [email protected] 1-416-347-7707 www.ilookabout.com