Mint Hires Investor Relations Firm
October 30, 2018 (Source) — The Mint Corporation (TSX-V: MIT) (“Mint”) is pleased to announce that it has engaged Rockerfunder LLC, Inc. (“Rocker Funder”) to provide investor relations services pursuant to a consulting agreement dated October 30, 2018. Services will include introductions to investors, financial and industry analysts, registered brokers and financial writers with a view to informing such groups about developments in the Company’s business and affairs. Rocker Funder will assist to develop a database of individual persons, financial institutions or other such groups potentially interested in receiving publicly available information relating to the Company and making efforts to efficiently provide such information.
The agreement has a 12-month term but may be terminated by Mint after six months. Rocker Funder will be compensated out of working capital in monthly instalments of USD$15,000 with Mint having the option to reduce the services and compensation after three months.
Mint has granted Rocker Funder an option to purchase up to 1,000,000 common shares under the Mint stock option plan. The option is exercisable at $0.12 per common share during the 24 months ending October 30, 2020. The right to exercise the option vests in four quarterly installments of 250,000 shares each while the contract is in effect, with the first installment to vest on January 30, 2019.
Mint has no interest in Rocker Funder or its securities. Rocker Funder has no interest in Mint or its securities, except as set out in this news release. Rocker Funder is not a Non-Arm’s Length Party of Mint, as that term is defined in TSX Venture Exchange policies.
About Rocker Funder
Rockerfunder LLC, Inc. is a New York City based capital markets advisory firm with 37 years’ experience working within Wall Street circles and in conjunction with national and international partners and businesses. The company uses on-line tools to help in providing exposure to fast growing companies and helps to bring the investment community and issuers together. The company is focused on investing and supporting the growth of select new and high growth companies.
The Mint Corporation (TSXV: MIT), through its majority-owned subsidiaries (the “Mint Group”), is a globally-certified payments company headquartered in Toronto, Canada with its primary business in Dubai, United Arab Emirates (UAE). The Mint Group is approved by the UAE Central Bank, Mastercard and UnionPay as a third-party payment processor. Mint Group processes over US$1 billion in payroll annually for hundreds of corporate clients and financial institutions and the Mint Group community consists of approximately 400,000+ cardholders. Mint Group’s clients include some of the leading blue-chip companies in the UAE.
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Mint Group provides employers with automated payroll services and a proprietary Automated Teller Machine (ATM) network for their unbanked employees. Mint Group community members are issued a personalized, globally accepted, Mastercard or UnionPay card and a linked mobile application, where their salaries are deposited. This mobile application effectively becomes the employee’s bank account.
Mint Group offers a mobile application with mobile phone top-up services and intends to offer a comprehensive suite of services, including remittance, overdraft, loans, and insurance, among others (subject to regulatory approval). The mobile application enables unbanked employees to purchase services and spend through the application.
Neither 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.
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