Less Mess Storage-New Board Appointment; Retains the Howard Group for Strategic Investor Communications
2014年5月22日 - 3:19AM
Marketwired
Less Mess Storage-New Board Appointment; Retains the Howard Group
for Strategic Investor Communications
VANCOUVER, BRITISH COLUMBIA--(Marketwired - May 21, 2014) - Less
Mess Storage Inc. (TSX-VENTURE:LMS) ("Less Mess" or the "Company")
is pleased to announce that Tracy Graf, President and CEO of
Carfinco Financial Group (TSX:CFN), has joined the Company's Board
of Directors.
In 1996, Mr. Graf co-founded Carfinco, a company offering
vehicle financing programs through 2,400 dealerships in Canada and
the United States. Mr. Graf is also a director of LoneStar West
Inc. (TSX-VENTURE:LSI) and Aurora Spine Corporation
(TSX-VENTURE:ASG), and invested in the recent Less Mess equity
offering.
Guy Pinsent, President and CEO of Less Mess, commented:
"We are delighted to welcome Tracy Graf to the Board of Less
Mess Storage. Tracy brings a wealth of experience and an excellent
track record of success in public markets, business management and
financing, which we feel will add substantial value to the Company
as we expand our self-storage business in the largely untapped
markets of central Europe."
The Company is also pleased to announce that it has retained The
Howard Group Inc. ("HG") as its strategic investor communications
advisor under an investor relations agreement (the "Agreement").
The Howard Group will direct both traditional and online
initiatives targeting the investment and institutional communities
and the investing public. HG also assisted Less Mess with marketing
initiatives and relationships in conjunction with the Company's
recent successful equity offering for gross proceeds of
$7,000,000.
The Agreement has a term of one year with monthly remuneration
payable to the Howard Group of $7,500. HG will also be granted
100,000 stock options with a three-year term, exercisable at $1.00
per share and vesting equally in four installments each three
months after the date of grant. The Agreement together with the
granting of the stock options is subject to the approval of the TSX
Venture Exchange.
Since 1988, The Howard Group has provided comprehensive investor
and capital market programs, business development solutions,
strategic planning and financing services to publicly trading
companies.
In addition to its ongoing services, The Howard Group will be
providing commentary on Less Mess' activities in its "Insight"
online blog.
Interested parties
may subscribe at:
http://howardgroupinsightnewsletter.blogspot.com/
About the Company
Less Mess Storage Inc. owns and operates the largest
self-storage chain in Central and Eastern Europe, with a portfolio
of five stores, two in Warsaw (both freehold) and three in Prague
(two freehold, one leasehold), offering over 180,000 square feet of
net lettable area. Total revenues in 2013 were over $4 million and
average store occupancy was approximately 80%. The Company plans to
add additional stores and rentable space in Warsaw and Prague in
the future. The Company's registered and records office is located
in Vancouver, British Columbia, its operations head office is
located in Warsaw, Poland, and it also has offices in Prague, Czech
Republic.
For further information, please refer to the Company's
disclosure record on SEDAR (www.sedar.com).
Guy Pinsent,
President and CEO
This press release contains "forward-looking information" that
is based on the Company's current expectations, estimates,
forecasts and projections. This forward-looking information
includes, among other things, the Company's business, plans,
outlook and business strategy. The words "may", "would", "could",
"should", "will", "likely", "expect," "anticipate," "intend",
"estimate", "plan", "forecast", "project" and "believe" or other
similar words and phrases are intended to identify forward-looking
information.
Forward-looking information is subject to known and unknown
risks, uncertainties and other factors that may cause the Company's
actual results, level of activity, performance or achievements to
be materially different from those expressed or implied by such
forward-looking information. Such factors include, but are not
limited to: changes in economic conditions or financial markets;
changes in prices for the Company's products and services;
increases in costs; litigation; legislative, environmental and
other judicial, regulatory, political and competitive developments;
technological or operational difficulties; and labour relations
matters.
This list is not exhaustive of the factors that may affect our
forward-looking information. These and other factors should be
considered carefully and readers should not place undue reliance on
such forward-looking information. Except as required by law, the
Company disclaims any intention or obligation to update or revise
forward-looking information, whether as a result of new
information, future events or otherwise.
NEITHER THE TSX-VENTURE EXCHANGE NOR ITS REGULATION SERVICES
PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE
TSX-VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR
ACCURACY OF THIS RELEASE.
Less Mess Storage Inc.Peter SmithVP Corporate
Development778-999-7030pete@lessmess-storage.comwww.lessmessstorage.comThe
Howard GroupJeff WalkerVice-President(888)
221-0915jeff@howardgroupinc.comwww.howardgroupinc.com
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