Canadian Imperial announces investor agreement with European company

Staff ~ The Telegram
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Canadian Imperial Venture Corp. announced today it has entered into an investor-relations consulting agreement with Value Relations GmbH, whereby Value Relations will act as the company's strategic advisor in Germany, Austria and Switzerland for a period of one year.
According to a news release, Value Relations will work with Canadian Imperial to establish and maintain a presence in the German language market in Europe by providing translation services, public relations support, investor communications and marketing strategies.
In consideration for these services, Value Relations will receive a fee of 40,000 Euros, payable in four quarterly installments, as well as 1,000,000 stock options exercisable at $0.10 per share for a period of two years. In addition, Value Relations may be entitled to an additional 1,000,000 stock options following a performance review in August.
Canadian Imperial Venture Corp. is an independent Canadian-based energy company with interests in petroleum exploration and development in western Newfoundland and in western Canada.

Organizations: Imperial Venture, Value Relations, Canadian Imperial

Geographic location: Germany, Austria, Switzerland Europe Newfoundland Canada

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  • Oh
    July 02, 2010 - 13:17

    Oh gawd. Did they not look into others before that bunch? Kiss any safety good bye. Been there done that with German Companies working here in Canada. They do not think they need to follow our laws and OT is a thing of the past not to mention very cheap when it comes to safety supplies and training. That is the employees responsibility folks. Get use to it when playing with their money.

  • Oh
    July 01, 2010 - 19:57

    Oh gawd. Did they not look into others before that bunch? Kiss any safety good bye. Been there done that with German Companies working here in Canada. They do not think they need to follow our laws and OT is a thing of the past not to mention very cheap when it comes to safety supplies and training. That is the employees responsibility folks. Get use to it when playing with their money.