MONTREAL, QUEBEC and TORONTO, ONTARIO--(Marketwired - May 9, 2014) - Engagement Labs Inc. (TSX VENTURE:EL) is pleased to announce that it has retained Trapeze Capital Corp. ("Trapeze") to provide market-making services in accordance with TSX Venture Exchange ("TSX.V") policies. Trapeze will trade shares of the Company on the TSX.V with the objective of contributing to market liquidity of the Company's shares.
Under the terms of the agreement (the "Agreement"), with an effective date of May 6, 2014, Trapeze will receive compensation of $5,000 per month. Trapeze will not receive shares or options as compensation. However, Trapeze and its clients may have or may acquire a direct interest in the securities of the Company. Engagement Labs and Trapeze are unrelated and unaffiliated entities; Trapeze is a member of the Investment Industry Regulatory Organization of Canada, a participating organization of TSX and a member of TSX.V. The capital and securities required for any trade undertaken by Trapeze as principal will be provided by Trapeze.
The Agreement is for an initial term of 180 days and shall be automatically renewed for subsequent 180 day periods unless terminated earlier by 30 days' notice.
About Engagement Labs
Engagement Labs offers real-time social media data, analytics and insights for organization that are actively engaging on social networks. They extract business intelligence from user generated data (BIG DATA) and transform it into actionable data for corporate clients, brands and social media teams. Engagement Labs created #esuite™, an Intelligent Data on Demand platform for agencies, marketing teams and dashboard providers. Offered under SaaS or through an API, #esuite™ supports the entire social marketing cycle by providing over 250 comprehensive intelligent analytical metrics to measure performance and ROI for brands to evaluate and coordinate social media activities across all online channels (social media sites, forums, news and blogs). With headquarters in Montreal, Canada, Engagement Labs also maintains offices in Toronto, Paris and Mexico.
Engagement Labs Inc. is listed on the TSX.V under the symbol EL. www.engagementlabs.com
About Trapeze Capital Corp.
Trapeze Capital Corp., established in 1998, is a Toronto-based full-service investment dealer providing innovative solutions for institutional, corporate and individual clients in Canada and abroad. Trapeze's Capital Markets team is comprised of industry-focused professionals with extensive transactional backgrounds and long-standing industry relationships, dedicated to providing corporate clients with a full range of advisory and financing services to achieve their objectives throughout the entire business lifecycle. Trapeze also has an investment management group providing discretionary portfolio management for institutions and high net worth individuals, primarily through separately managed accounts. More information can be found at www.TrapezeCapital.com.
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.