XXIX Metal hires Bunt Capital for IR services

Executive Summary

• XXIX Metal Corp. has entered into a six-month agreement with Bunt Capital Corp. to provide investor relations and capital markets advisory services.
• The engagement includes institutional and family-office outreach and coordination of non-deal road shows.
• The agreement is subject to acceptance by the TSX Venture Exchange.

Key Details

• Service Provider: Bunt Capital Corp. (Toronto, Ont.), a full-service marketing and consulting firm focused on the junior metals and mining sector.
• Term: Six months.
• Cash Compensation: $15,000 per month plus applicable taxes, invoiced monthly in arrears, paid from working capital.
• Total Cash Cost: $90,000 plus taxes over the six-month term.
• Equity Compensation: Grant of 500,000 options to Bunt Capital.
• Option Terms: Exercise price of 12 cents; exercisable for up to three years or 90 days from termination of the agreement.
• Trading Rights: Bunt may acquire or dispose of company securities through the market, privately, or otherwise, subject to market conditions and the company's insider trading policy and trading blackouts.
• Relationship: Bunt and its affiliates are at arm's length with no other relationship with the company except pursuant to the engagement agreement.
• Regulatory Condition: The engagement is subject to acceptance of the TSX Venture Exchange.