Prodigy Ventures Retains Virtus Advisory Group to Provide Corporate Communication Services and Trapeze Capital for Market Making Services

Prodigy Ventures (TSXV:PGV) today announced that it has retained Virtus Advisory Group, to develop and implement a strategic corporate communications program to increase the Company’s exposure among industry stakeholders and investors across Canada. In connection with the engagement, Virtus has been awarded a consulting contract that includes a monthly fee of $6,500 and a grant of incentive stock options, which will vest in equal amounts each month over 12 months commencing on January 16th, 2017, to acquire 100,000 common shares of the Company, exercisable at a price of $0.175 per share for a period of one year from each individual vesting date.
As quoted in the press release:

The Options shall be subject to the terms of the Company’s stock option plan and the policies of the TSX Venture Exchange. The Agreement is for an initial term of six (6) months and will automatically renew for an additional six (6) month period unless terminated by Prodigy.
The Company’s engagement of Virtus is subject to the acceptance of the TSX Venture Exchange. Virtus and Prodigy act at arm’s length, and the engagement represents Virtus’ only direct or indirect interest in the Company or its securities.

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