All Things Water

[Pro-Life]

Jan 15, 2014 (ACCESSWIRE via COMTEX) -- January 15, 2014. Guelph, Ontario. ENPAR Technologies Inc. (TSX:ENP) ("ENPAR" or "the Company") announces that, effective today, the Company has appointed Tangent Management Corp. (www.tangentmanagementcorp.com) of Vancouver to provide investor relations services.

Tangent will assist in formulating plans and budgets for the enhancement of the Company's image and the distribution of information concerning the Company to existing shareholders, brokerage firms, and registered representatives, institutional investors, fund managers, securities analysts, potential investors who have contacted the Company seeking such information, the media and others as appropriate

Pursuant to TSX Venture Exchange Policy 1.1, the relationship between ENPAR and Tangent meets the "Arm's Length" definition. The initial term of the agreement between the parties has been established at 6 months.

The agreement stipulates that ENPAR will pay a monthly fee of $7,500CAD (plus applicable taxes) for the first three months and $5,000 for the remaining three months of the initial term. The Board of Directors of the Company will grant to Tangent 200,000 incentive stock options to acquire common shares at an exercise price of $0.10. The options will be vested at six month intervals over a period of eighteen months with an exercise termination date of two years from the date of grant.

http://www.otcmarkets.com/stock/ENPRF/news