CALGARY, Alberta, Feb. 26, 2019 (GLOBE NEWSWIRE) -- FLYHT Aerospace Solutions Ltd. (TSX-V: FLY) (OTCQX: FLYLF) (the “Company” or “FLYHT”) today announced it has retained Liolios Group Inc. (“Liolios”) to assist with its investor relations activities in the United States. They will work alongside existing investor relations provider Adelaide Capital Markets Inc. to provide a comprehensive investor relations strategy for FLYHT in both Canada and the U.S.
Liolios is based in Newport Beach, California. Pursuant to an agreement between the parties, Liolios will be responsible for, among other matters: (i) expanding the following and involvement of the investment community in the United States; (ii) co-ordinating investor roadshows in the United States; and (iii) assisting in the preparation of corporate materials.
Liolios is a highly selective and comprehensive investor relations consultancy specializing in public companies. The firm aims to deliver superior performance in corporate messaging and positioning, investor awareness, analyst and financial press coverage, and capital formation. Founded in 1999, Liolios executives have extensive experience in finance and investments, and represent clients in a wide range of industries, including technology, consumer, industrials, life sciences, financial services, and business services. Neither Liolios nor any of its executives or employees own any common shares in FLYHT.
Under the terms of the investor relations agreement, Liolios will receive US$3,500 per month from FLYHT with an initial term of 12 months and thereafter on a month to month basis. Following the initial term, either party may terminate the agreement by providing 30 days written notice. No stock options or other securities are to be issued to Liolios as compensation under the agreement.
The investor relations agreement is subject to TSX Venture Exchange approval.
About FLYHT Aerospace Solutions Ltd.
FLYHT’s mission is to improve aviation safety, efficiency and profitability. Globally, and for more than 20 years, airlines, leasing companies, fractional owners and original equipment manufacturers have installed FLYHT’s differentiated aircraft and enterprise-based solutions to deliver real-time, flight-deck, satellite connectivity for tracking, health monitoring, and streaming of operational, maintenance and weather data. FLYHT is publicly traded as FLY in Canada on the TSX.V; and as FLYLF in the USA on the OTCQX. FLYHT is based in Calgary, Canada with an office in Littleton, Colorado and is an AS9100 Quality registered company. For more information visit www.flyht.com.
Contact Information:
| FLYHT Aerospace Solutions Ltd. Alana Forbes Chief Financial Officer 403-291-7437 aforbes@flyht.com | Adelaide Capital Markets Inc. Deborah Honig 647-203-8793 deborah@adelaidecapital.ca | Liolios Matt Glover (949) 574-3860 matt@liolios.com | |
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