MISSISSAUGA, ONTARIO--(Marketwired - Dec. 7, 2016) - Bee Vectoring Technologies (the "Company" or "BVT") (TSX VENTURE:BEE) is pleased to announce that it has retained Virtus Advisory Group Inc. ("Virtus"), to develop and implement a strategic corporate communications program to increase the Company's exposure among industry stakeholders and investors across Canada.
In connection with the engagement, Virtus has been awarded a consulting contract that includes a monthly fee of $6,500 and a grant of incentive stock options, which will vest in equal quarterly instalments over 12 months, to acquire 100,000 common shares of the Company, exercisable at a price of $0.24 per share for a period of five years from date of grant. The Options shall be subject to the terms of the Company's stock option plan and the policies of the TSX Venture Exchange.
About Virtus Advisory Group
Virtus is a Toronto-based consulting firm, providing select private and publicly listed companies with business consulting, capital markets strategy and investor relations services. The company provides expert counsel and access to an unmatched network of investors and capital markets professionals across Canada and the United States. Virtus helps issuers establish the relationships and the investor confidence required to build long-term shareholder value. Visit www.virtusadvisory.com for more information.
About Bee Vectoring Technologies International Inc.
BVT has developed and owns patent-pending bee vectoring technology (consisting of a proprietary tray dispenser containing a unique carrier agent) that is designed to harmlessly utilize commercially reared bumblebees as natural delivery mechanisms for a variety of powdered mixtures comprised of organic compounds that inhibit or eliminate common crop diseases, while at the same time stimulating and enhancing the same crops. This unique and proprietary process facilitates a targeted delivery of crop controls using the simple process of bee pollination to replace traditional crop spraying, resulting in better yield, organic product and less impact on the environment without the use of water or disruptions to labour.
Additional information can be viewed at the Company's website www.beevt.com.
On Behalf of Bee Vectoring Technologies International Inc.,
Ashish Malik, President & CEO
Neither 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.