Universal Ibogaine Announces Engagement of Media and Investor Relations Advisors
Calgary, AB – TheNewswire – October 25, 2021 – Universal Ibogaine Inc. (TSXV:IBO) ( “UI” or the “Company” ), a life sciences company with a mission to research and deliver medicalized ibogaine-centered addiction care, advises that it has retained three additional advisors as part of the expansion of its’ market awareness and investor relations program.
Investing News Network (“ INN ”, a division of Dig Media Inc.), Belair Capital Advisors Inc. (” Belair “), and Greenshoe Media Group Inc. (“ Greenshoe ”) have been retained to support UI in enhancing the reach of its market awareness campaigns and developing productive conversations with current and future shareholders and other market participants.
Vancouver-based INN has been engaged for a six month term, during which it will assist in distribution of UI news to INN’s network of subscribers for a fee of $58,000.
Belair, based in Toronto, specializes in corporate finance advisory and messaging across various social media platforms, and will assist UI in improving market awareness and with dissemination of UI news releases. The engagement is for a term of six months, with a fee of $50,000.
Toronto based Greenshoe has been engaged to assist in media production and distribution across the BNN Bloomberg network in Canada, as well as various other financial media channels. The contract is for a term of 6 months, with a fee of $57,000.
None of INN, Belair or Greenshoe were granted an interest in or an option to acquire any securities of the Company, and the fees payable to these advisors will be paid from the Company’s working capital on hand. All of the contracts are subject to any necessary approval by the TSX Venture Exchange.
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