Toronto, Ontario–(September 29, 2023) – Ciscom Corp. (CSE: CISC) (“Ciscom” or “the Company“) an ICT managing and investment corporation, is pleased to announce that it has retained the services of Hummingbird Capital Inc. (“Hummingbird“) on a non-exclusive basis.
The agreement is for a period of 6 months whereas Hummingbird will provide advisory services to the Company related to its investment banking initiatives. The Company will pay Hummingbird through the issuance of treasury common shares at the rate of 83,333 per month upon the delivery of services for the prior month.
Ciscom is investing in and managing qualified companies active in the Information, Communication and Technology (“ICT”) sector – a extensive area. The first 2 acquisitions have been in the AdTech/MarTech sector dealing with big data, analytics, and technology.
About Ciscom
Ciscom Corp. is a Canadian company investing, acquiring, and managing companies in the ICT sector. Potential acquisition targets are entrepreneurs seeking equity, transition or that do not have a defined succession plan. Target companies are generally substantial SMEs and have a proven track record/history of profitability.
With this approach Ciscom enables owners/founders to crystalize the equity, while remaining active in the business. Consequently, acquisitions are immediately accretive to shareholders’ value. For more information, please visit www.ciscomcorp.com.
CONTACT INFORMATION
Drew Reid
Executive Chairman & CEO
1 416 366 9727
[email protected]
@CiscomCorp
Michel Pepin
President & CFO
1 416 366 9727
[email protected]
@CiscomCorp
This news release contains certain statements that constitute forward-looking statements as they relate to Ciscom and its management. Forward-looking statements are not historical facts but represent management’s current expectation of future events and can be identified by words such as “believe”, “expects”, “will”, “intends”, “plans”, “projects”, “anticipates”, “estimates”, “should”, “continues” and similar expressions. Although management believes that the expectations represented in such forward-looking statements are reasonable, there can be no assurance that they will prove to be correct or will come to pass.
By their nature, forward-looking statements include assumptions and are subject to inherent risks and uncertainties that could cause actual future results, conditions, actions, or events to differ materially from those in the forward-looking statements. The future outcomes that relate to forward-looking statements may be influenced by many factors, including but not limited to; COVID-19; reliance on key personnel; shareholder and regulatory approvals; jurisdictional risk; risks of future legal proceedings; income tax matters; availability and terms of financing; rising costs related to inflation; effect of market interest on price of securities and potential dilution, all of which are addressed in greater detail in the Company’s prospectus dated June 5, 2023 and filed under Ciscom’s profile at www.sedar.com. Except as expressly required by applicable securities laws, Ciscom assumes no obligation to update or revise any forward-looking statements.