VANCOVER, BC, AUGUST 18, 2015 /CNW/ – Moseda Technologies Inc. (TSXV:MSD) (“Moseda” or the “Company”), a technology company focused on developing best in class institutional and home health care solutions and fleet management solutions, is pleased to announce that Hamza Thindal Capital Corp. (“Hamza Thindal” or the “Firm”) has been retained to provide corporate development. The Agreement between the Company and Hamza Thindal is for a period of one year and under the terms of the agreement the Company will pay Hamza Thindal a monthly fee of $5,000 per month plus HST. The Company has also granted certain directors, management, and consultants 850,000 options to purchase shares of the Company at a price of $0.15 for a period of two years. The options will follow the guidelines set out in the Company’s stock option plan and as set forth by TSX Venture Exchange policy and are subject to the approval of the TSX Venture Exchange.
ON BEHALF OF THE BOARD
“Nicholas Murray” CEO & Director
Neither the 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. Cautionary Statements Regarding Forward Looking Information Certain statements in this press release constitute forward-looking statements, within the meaning of applicable securities laws. All statements that are not historical facts, including without limitation, statements regarding future estimates, plans, programs, forecasts, projections, objectives, assumptions, expectations or beliefs of future performance, are “forward-looking statements”. We caution you that such “forward-looking statements” involve known and unknown risks and uncertainties that could cause actual and future events to differ materially from those anticipated in such statements.
Forward-looking statements include, but are not limited to, statements with respect to commercial operations, including technology development, anticipated revenues, projected size of market, and other information that is based on forecasts of future results, estimates of amounts not yet determinable and assumptions of management. Moseda Technologies Inc. (the “Company”) does not intend, and does not assume any obligation, to update these forward-looking statements except as required by law. These forward-looking statements involve risks and uncertainties relating to, among other things, technology development and marketing activities, the Company’s historical experience with technology development, uninsured risks. Actual results may differ materially from those expressed or implied by such forward-looking statements.
SOURCE: Moseda Technologies Inc.
For further information: Nicholas Murray at +1 604-637-6098 or nick@mobsafety.com.
Kam Thindal at +1 604 488-9875 or kam@htcapitalcorp.com.
