Pacific Safety Products Inc.

Pacific Safety Products Inc.

August 06, 2014 08:00 ET

Pacific Safety Products Engages CHF Investor Relations

ARNPRIOR, ONTARIO--(Marketwired - Aug. 6, 2014) - Pacific Safety Products Inc. (TSX VENTURE:PSP) ("Pacific Safety" or the "Company") announced today that it has engaged CHF Investor Relations, a highly regarded Canadian investor relations firm headquartered in Toronto, as its IR partner.

"We are at a pivotal time in our business making Pacific Safety a good small cap story for early investors. To that end, we are very pleased to have engaged CHF Investor Relations to assist us with telling our story to the investment industry in Canada. I particularly like their hands-on approach, enthusiasm and the professionalism I have observed over the past 8 months. They have a breadth of services and relevant industry experience unmatched by other IR firms," said CEO Terry Vaudry.

Effective immediately, the services agreement for investor relations is for a term ending on July 31, 2015 whereby three months' termination notice shall apply after the first anniversary. Under the terms of the services agreement, which is subject to TSX Venture Exchange approval, CHF will receive monthly fees of $6,000 and reimbursement of disbursements. CHF has been granted 250,000 PSP stock options at an exercise price of $0.20. Options will vest quarterly, with a five-year maximum term. As is required for TSX Venture, upon termination of the services agreement, any vested options will be cancelled after 30 days.

Prior to the grant of options outlined above, CHF had no direct or indirect interest in the Company or its securities.

About CHF Investor Relations

CHF adds substantial financial and investment acumen and experience to emerging public companies as an outsourced, low-cost option. CHF serves an international portfolio of TSX/TSX Venture and CNSX listed companies operating in a broad range of industries including mineral exploration and producers, oil & gas, industrial products and services, high-tech and special situations sectors. Services include IR, Media Relations and Market Liquidity services for public companies as well as consulting for companies about to enter the public domain.

About Pacific Safety Products Inc.

Pacific Safety Products Inc. (TSX VENTURE:PSP) is an established industry leader in the production, distribution and sale of high-performance and high-quality safety products for the defence and security market. These products include body armour to protect against ballistic, stab and fragmentation threats, ballistic blankets to reduce blast effects, tactical clothing, and protective products against chemical and biological hazards. PSP is the largest body armour manufacturer in Canada, directly supplying the Canadian Department of National Defence, Federal Government Agencies and major Canadian law enforcement organizations. The Company, through its U.S. subsidiary Sentry Armor Systems Inc., provides body armour products under the GH Armor Systems® brand to U.S. based law enforcement and private security firms. The Company also produces tactical clothing. Pacific Safety Products is a reporting issuer in British Columbia, Alberta and Ontario, Canada and publicly trades under the symbol PSP on the TSX Venture Exchange.

To receive Company news via email, contact and mention "Pacific Safety news" in the subject line.

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.

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