Toronto, Ontario–(Newsfile Corp. – November 9, 2022) – SuperBuzz Inc. (TSXV: SPZ) (“SuperBuzz” or the “Company“), an artificial intelligence (“AI“), machine learning software-as-a-service-based marketing solutions provider is pleased to announce that it has engaged Roche Securities Limited (“Roche“) to perform services, for the Company, including investor relations activities, as defined in accordance with the policies of the TSX Venture Exchange (the “TSXV“) and applicable securities laws.
Pursuant to an investor relations agreement between the Company and Roche entered into on November 9, 2022 (the “IR Agreement“), Roche will receive a cash fee of $5,000 per month over a period of two months for a total of $10,000. The term of the IR Agreement may be extended by a mutual agreement among the parties. In addition, Roche shall be granted 250,000 stock options (the “Options“) to purchase common shares in the capital of the Company (the “Shares“) at a price per Share that is equal to the market price per Share on the date of signing the IR Agreement. The Options shall vest quarterly over a 12-month period. All vested Options shall be eligible for exercise for a period ending on the earlier of (i) five years from the date of the grant and (ii) 12 months following the termination of the IR Agreement. To the knowledge of the Company, Roche does not own or control, directly or indirectly, any securities of the Company.
The IR Agreement is subject to the approval of the TSXV.
About SuperBuzz Inc.
SuperBuzz is one of the first AI companies to specialize in marketing technology. Marketers deserve a platform to streamline content creation and automate campaigns. SuperBuzz’s AI technology generates eye-grabbing content in a few seconds. Using advanced natural language processing models, SuperBuzz creates engaging and intelligent content designed for scaling marketing campaigns. For more information about the Company, please visit www.superbuzz.io. SuperBuzz Inc. is a fully reporting publicly traded company which is listed on the TSX Venture Exchange under the symbol “SPZ”.
For Additional Information, Contact:
Chief Executive Officer
Email: [email protected]
Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release.
Cautionary Note Regarding Forward-Looking Statements
This press release contains “forward-looking information” within the meaning of applicable Canadian securities legislation. Generally, forward-looking information can be identified by the use of forward-looking terminology such as “plans”, “expects” or “does not expects”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates” or “does not anticipate” or “believes”, or variations of such words and phrases or state that certain acts, events or results “may”, “could”, “would” or “will be taken”, or “be achieved”. Forward looking information in this press release may include, without limitation, statements regarding the engagement and activities of Roche and the business and strategic plans of the Company.
Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of SuperBuzz, as the case may be, to be materially different from those expressed or implied by such forward-looking information. Although SuperBuzz has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. SuperBuzz disclaims any intention and has no obligation or responsibility, except as required by law, to update or revise any forward-looking information, whether as a result of new information, future events or otherwise.
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