OTTAWA, Sept. 13, 2019 (GLOBE NEWSWIRE) -- Braille Energy Systems Inc. (formerly Mincom Capital Inc.) (TSX-V: BES) (“BESI” or “Braille” or the “Company”), an established battery-manufacturing and energy storage company supplying batteries to the professional motor sports industry and the pioneer of a complete line of lightweight high powered battery systems for the transportation market, announced today that it has engaged NextCap Investor Relations LLC (“NextCap”) to lead a comprehensive, strategic investor relations and communications program in the United States and in other key regions.
NextCap will partner closely with BESI’s Management Team and Board of Directors to develop and implement a comprehensive investor relations strategy with the purpose to increase the Company’s visibility in the investment community and goal to enhance shareholder value.
Gary Economo, Chief Executive Officer of BESI commented, “Our Management Team and Board of Directors is committed to increasing market awareness for BESI. The appointment of NextCap Investor Relations brings an experienced investor relations practice with broad industry contacts to our team. Utilizing NextCap’s assistance in developing and communicating BESI’s strategy and message to the investment community, may enhance value for current shareholders, with the additional goal of attracting new investors to the BESI story.”
“NextCap is excited to be working with and representing BESI in an investor relations capacity as BESI represents an attractive investment opportunity in the microcap, public company space,” said Scott Anderson, Founder and President of NextCap. “Our goal is to attract new investor interest in BESI through assertive, transparent and responsible corporate communications practices.”
The Company granted NextCap 100,000 stock options in Braille Energy Systems Inc., in accordance with the policies and will have vesting provisions attached and four month hold period, to purchase shares of the Company at $0.05 per share for a period of five (5) years from the date of the signing of the agreement. The commencement date of the agreement is March 26, 2019 and either party may terminate the agreement at any time, provided that Client shall pay for all work performed to the date of termination.
About Braille Energy Systems Inc.
Braille Energy Systems Inc. holds an 89.95% equity interest in Braille Holdings Inc., which holds a 100% equity interest in Braille Battery Inc. Braille Battery is an established battery-manufacturing and energy storage company supplying batteries to the professional motor sports industry and the pioneer of a complete line of lightweight high powered battery systems for the transportation market. Braille Energy Systems (BESI) will expand its market penetration into a wider range of market segments that require lightweight, high-performing energy solutions, using the most scientifically advanced materials.
Markets need better performing energy storage solutions to satisfy the huge growth expected in many different sectors like electric vehicles, solar and wind energy storage as well as portable electronic devices. With two manufacturing locations in North America, BESI will provide customers with security of supply, off-the-shelf shipments and superior service.
BESI will penetrate key market segments with superior product performance utilizing graphene-based materials.
About NextCap Investor Relations:
NextCap Investor Relations and Public Relations is a full-service, experienced consultancy practice offering tailored IR, PR and competitive intelligence services to private and publicly traded companies. At present, NextCap Investor Relations and Public Relations owns no shares of Focus Graphite. NextCap’s sole Principal is Founder and President, Scott L. Anderson. The business address of NextCap is: 4135 E. Timbersaw Dr. Boise, ID. 83716 U.S.A. www.nextcap-ir.com .
Disclaimer & Forward-Looking Statement
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Certain information included in this press release is forward-looking and may involve risks and uncertainties. The results or events predicted in these statements may differ materially from actual results or events. Factors that might cause a difference include, but are not limited to, competitive developments, risks associated with BESI's growth, the state of the financial markets, regulatory risks and other factors. Forward-looking statements included or incorporated by reference in this press release include statements with respect to proposed terms of the private placement transaction. There can be no assurance that any statements of forward-looking information contained in this release will prove to be accurate. Actual results and future events could differ materially from those anticipated in such statements. These and all subsequent written and oral statements containing forward-looking information are based on the estimates and opinions of management on the dates they are made and expressly qualified in their entirety by this notice. Unless otherwise required by applicable securities laws, BESI disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. Readers are cautioned not to place undue reliance on any statements of forward-looking information that speak only as of the date of this release. More detailed information about potential factors that could affect BESI's financial and business results is included in public documents BESI files from time to time with Canadian securities regulatory authorities and which are available at www.sedar.com .
Contact: Braille Energy Systems Inc. Judith Mazvihwa-MacLean CFO 613-581-4040 jmazvihwa@mincomcapital.com
