Stone Communication to provide Investor Relations Services
July 8, 2009
Earthworks Industries Inc. (the “Company”) has entered into an arm’s-length Investor Relations Agreement, dated July 1, 2009, with Stone Communication Services Limited (“SCS”) of Toronto. The Agreement has a 1-year term and SCS will be paid $3,500 per month and has been granted an option to purchase 170,000 shares of the Company exercisable at $0.40 per share.
SCS is a wholly owned subsidiary of Stone Investment Group (“SIG”). SCS’s core competency is the execution of tailored, strategic communication programmes. SCS was launched in 2006 as the in-house investor relations arm of SIG, and has grown into a standalone business offering a full complement of Investor Relations services to emerging companies in the Canadian marketplace.
“We are excited to embark on our new partnership with Earthworks Industries”, said Brian Edelstein, Managing Director of SCS. “Their California project has huge potential and this leading-edge green initiative is poised for tremendous success”.
Stone will be providing a full range of investor relations and shareholder communications services to the Company.
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