TORONTO, April 15, 2019 (GLOBE NEWSWIRE) — Nutritional High International Inc. (” Nutritional High” or the ” Company”) ( CSE: EAT, OTCQB: SPLIF, FRANKFURT: 2NU) is pleased to announce that it has retained Oak Hill Financial Inc. (” Oak Hill”) to provide investor relations services to the Company in compliance with regulatory guidelines.
Oak Hill is a Toronto-based firm which develops strategic platforms for its clients that are utilized to gain exposure and recognition to the capital markets. Oak Hill provides asset management, capital market and investor relations services. Its team has marketed corporate issuers ranging in market cap from $10M to $1B in a variety of different sectors to the Canadian retail brokerage channel, family offices and institutional networks. Oak Hill’s team of has experience across equity capital markets, equity research, portfolio management, institutional equity sales, and traditional investor relations – resulting in tailored and highly collaborative solutions. Oak Hill is located at 181 Bay Street, Suite 1030 in Toronto.
Oak Hill will work closely with Nutritional High to develop and deploy a comprehensive capital markets strategy and campaign. Activities will include providing an investor relations program catering to the retail brokerage channel and institutional investors, marketing services and an ongoing client services program.
The Company and Oak Hill act at arm’s length, and Oak Hill has no present interest, directly or indirectly, in the Company or its securities. Oak Hill has been engaged on a monthly basis and the Company will pay Oak Hill a fee of CAD $9,500 per month plus HST commencing immediately. The agreement with Oak Hill may be terminated by the Company or Oak Hill at any time by providing a 5 days’ notice.
The Company also announces that its board of directors has approved the grant of 250,000 stock options to Oak Hill at an exercise price of $0.30 per common share expiring on October 12, 2021 and vesting immediately. The options may be cancelled by the Company after 60 days of terminating the agreement with Oak Hill.