Regenx Tech Corp (RGXTF)

[Louied91]

$MWXRF Mineworx engages North Equities Corp. to provide Marketing Services


https://www.globenewswire.com/news-release/2022/03/18/2405843/0/en/Mineworx-engages-North-Equities-Corp-to-provide-Marketing-Services.html

EDMONTON, Alberta, March 18, 2022 (GLOBE NEWSWIRE) -- Mineworx Technologies Ltd., (the “Company” or “Mineworx“) (TSXV: MWX) (OTCQB: MWXRF) (FSE: YRS WKN: A2DSW3) announces that it has engaged Toronto based marketing and consulting firm North Equities Corp., an arm’s length third party, to provide marketing services including facilitating communication with the financial community, subject to approval of the TSX Venture Exchange.

The initial term of the agreement is for 12 months effective March 15, 2022, for which North Equities will be paid $200,000 payable in quarterly instalments. The agreement includes a cancellation clause which can be triggered in the first 6 months. In addition, North Equities has been granted options to acquire 2,650,000 common shares of the Company at an exercise price of $0.075. These options have a term of two years and will vest over a 12-month period in equal tranches per 3-month period.