Mednow Inc. (TSXV: MNOW) (“Mednow” or the “Company”), Canada’s on-demand virtual pharmacy, is pleased to announce that it has retained Hybrid Financial Ltd. (“Hybrid”), an arm’s length party to the Company, to provide marketing services to the Company.
Hybrid has been engaged to heighten market and brand awareness for the Company and to broaden the Company’s reach within the investment community. In implementing its comprehensive marketing program, Hybrid will employ a number of different communication methods, including live phone calls and emails.
Hybrid has been engaged by the Company for an initial 6-month period (the “Initial Term”) which shall be automatically renewed for successive 3-month periods thereafter, unless terminated by the Company in accordance with the agreement executed by the parties. Hybrid will be paid a monthly cash fee of CDN$15,000 (inclusive of all costs and disbursements), plus applicable taxes, during the Initial Term. The Company intends to pay the fees associated with this arrangement out of its general working capital account.
The Company and Hybrid act at arm’s length, and Hybrid has no present interest, directly or indirectly, in the Company or its securities, or any right or present intent to acquire such an interest. Hybrid has agreed to comply with all applicable securities laws and the policies of the TSX Venture Exchange in providing the services to the Company.