TORONTO, Oct. 7, 2022 /CNW/ – Lingo Media Company (TSXV: LM) (OTC: LMDCF) (FSE: LIMA) (“Lingo Media”), www.lingomedia.com, an EdTech language-learning edutainment and content material growth firm, is happy to announce that it has engaged Oak Hill Monetary Inc. (“Oak Hill“) to supply enterprise and capital markets advisory companies together with investor relations. Oak Hill is a Toronto-based monetary companies firm that assists corporations in enhancing their company profile.
Underneath the engagement, Oak Hill will likely be paid a charge of $10,000 per 30 days for an preliminary three months. Extra particularly, Oak Hill will present companies equivalent to company communications, strategic recommendation, and outreach to its community of funding advisors, promote facet establishments and buy-side establishments throughout Canada, along with the US and internationally. The targets are to broaden Lingo Media’s publicity and visibility within the monetary neighborhood as a way to safe a brand new and expanded shareholder base. In sure circumstances, further companies could also be supplied to the Firm by Oak Hill and extra contingent consideration for such companies could also be relevant.
Lingo Media has granted Oak Hill inventory choices to buy 200,000 widespread shares of the Firm at an train worth of $0.095 per share with 50,000 choices vesting on the third, sixth, ninth and 12th month following the efficient settlement date of October 6, 2022. The engagement of Oak Hill and issuance of inventory choices is topic to TSX Enterprise Trade approval.
About Oak Hill Monetary
Oak Hill Monetary is a number one Canadian advertising and distribution agency, centered on IIROC retail brokerage networks, servicing each asset managers and public corporations. Oak Hill Financials’ skilled crew of former asset administration wholesalers, analysis analysts and capital market professionals focus on constructing credibility for his or her purchasers to a community of over 10,000 Canadian IIROC retail brokers and over 300 North American funds.
About Lingo Media (
TSX-V: LM; OTC: LMDCF; FSE: LIMA)
Lingo Media is an EdTech language-learning and content material growth firm empowering language educators to simply transition from conventional educating strategies to digital studying by integrating schooling, edutainment, and expertise.
The corporate gives on-line and print-based options via two distinct enterprise models: Everyone Loves Languages Inc. (“ELL”) and Lingo Studying Inc. ELL is a state-of-the-art expertise platform that delivers customized studying experiences in lecture rooms and on-line. Its applications present progressive SaaS-based eLearning options, together with on-line and offline content material, a studying administration system, assessments, real-time experiences, speech recognition expertise, and white-label instruments. On the similar time, Lingo Studying is the content material growth arm publishing print-based English language studying supplies in China.
Lingo Media has established profitable relationships with key authorities and trade organizations internationally, with a presence in LATAM and China, and continues to increase its market attain and broaden its product choices.
For extra details about Lingo Media, go to www.lingomedia.com.
Observe Lingo Media on:
Fb: https://www.fb.com/LingoMedia
Twitter: @LingoMediaCorp
YouTube: https://www.youtube.com/lingomedialm
LinkedIn: https://www.linkedin.com/firm/lingo-media-corporation
RSS: http://feeds.feedburner.com/LingoMedia
Parts of this press launch might embody “forward-looking statements” inside the which means of securities legal guidelines. These statements contain recognized and unknown dangers, uncertainties or different elements that would trigger precise outcomes to vary materially from the outcomes, efficiency, or expectations implied by these forward-looking statements. These statements are primarily based on administration’s present expectations and contain sure dangers and uncertainties. Precise outcomes might fluctuate materially from administration’s expectations and projections and thus readers mustn’t place undue reliance on forward-looking statements. Lingo Media has tried to establish these forward-looking statements by utilizing phrases equivalent to “might,” “ought to,” “count on,” “hope,” “anticipate,” “consider,” “intend,” “plan,” “estimate” and comparable expressions. Lingo Media’s expectations rely upon common financial situations, the continued and development in demand for its merchandise, retention of its key administration and working personnel, its want for and availability of further capital and different uncontrollable or unknown elements. No assurance might be provided that the precise outcomes will observe the forward-looking statements. Besides as in any other case required by securities legal guidelines, Lingo Media undertakes no obligation to publicly replace or revise any forward-looking statements, whether or not due to new data, future occasions, modified circumstances or every other motive. Sure elements that may have an effect on the Firm’s potential to attain projected outcomes are described within the Firm’s filings with the Canadian securities regulators obtainable on www.sedar.com.
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SOURCE Lingo Media Company
For additional data: Company Communications, Li Lu, Tel: (647) 526-9846, E mail: [email protected]; Media Relations, Dwain Schenck, Tel: (203)-223-5230, E mail: [email protected]