Eagle Graphite hires Arrowhead Business for IR

 
Eagle Graphite Incorporated (TSXV:EGA) has appointed Arrowhead Business and Investment Decisions LLC to advise on investor relations and shareholder communications.
Arrowhead is a consulting firm based in New York City, which advises public companies on investor relations, financial communications and capital markets strategies to gain exposure to qualified investors and develop market awareness and understanding. Arrowhead disseminates corporate information and analysis to its investor network, which is comprised of institutional investment funds, family offices and individuals and organizes two-way communications between them and issuers it represents.
The services agreement with Arrowhead is for a renewable six-month term, and includes targeted communications with investor groups, management of and assistance with the dissemination of company news, and the preparation and dissemination of a Company Profile for use within Arrowhead’s extensive investor network. Total consideration for the first six-month term is US$30,000, to be paid by the Company, half of which is payable immediately, and the remainder after three months. The engagement will then renew for six-month terms under the same compensation conditions.
Arrowhead has no prior relationship with the Company, has no direct or indirect interest in its securities, and has no right or intent to acquire such an interest. However, the principals of Arrowhead intend to seek an investment banking mandate from the Company, compensation for which may come all or partially in form of grant of shares. Apart from this, the principals of Arrowhead have no intention to acquire additional interest in the Company’s securities on market or through any type of direct or indirect investment.
Jamie Deith, Eagle Graphite CEO commented: “We are delighted to be working with Arrowhead to improve communications with the investment community. We have chosen to partner with Arrowhead after very careful diligence to ensure the best chance of achieving Eagle Graphite’s near term communications objectives. Our company has a great story but most of the world has never heard of us; Arrowhead will help us to change that by introducing us to a new strategic audience.”
Daniel Renaud, Managing Director of Arrowhead, issued a statement: “We look forward to working with Jamie and his team to introduce Eagle Graphite and their Black Crystal Project, one of the only advanced stage Graphite projects in North America, to our investor network. With the growing demand for graphite across industry and in empowering the battery economy, we believe Eagle is in a key position to deliver value to its shareholders over the coming years.”
About Eagle Graphite
Eagle Graphite Incorporated is an Ontario company that owns one of only two natural flake graphite production facilities in North America, located 35 kilometres west of the city of Nelson in British Columbia, Canada, and 70 kilometres north of the state of Washington, USA, known as the Black Crystal graphite quarry.
About Arrowhead
Arrowhead Business and Investment Decisions is a family-owned New York City-based financial services provider which was founded in 2008, and which puts perspective, insight and advice at the disposal of its partners in the business community.
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