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Plurilock Announces Services Agreement with AGORA
Wednesday, January 5, 2022Company Profile | Follow Company
Victoria, BC, January 5, 2022--(T-Net)--Plurilock Security Inc. (TSXV: PLUR) (OTCQB: PLCKF) and related subsidiaries, an identity-centric cybersecurity solutions provider for workforces, announced today that it has entered into an online marketing agreement with AGORA Internet Relations Corp.
Pursuant to the terms and conditions of the AGORA Agreement, AGORA will assist the Company with its launch of a 12 month online marketing campaign. AGORA will assist the Company with ad placements and other branding initiatives which will be posted on AGOROCOM and distributed on YouTube, various social media platforms, and all podcast platforms.
In connection with the services provided by AGORA under the AGORA Agreement, the Company will pay AGORA aggregate consideration of $100,000 plus applicable taxes, which shall paid via the issuance of common shares in the capital of the Company.
The Payment Shares will be issued in five installments throughout the term of the AGORA Agreement, which will commence on January 1, 2022 and ends on December 30, 2022, subject to the approval of the TSX Venture Exchange.
The number and deemed price of the Payment Shares to be issued will be calculated using the closing price of the Company's common shares on the TSX Venture Exchange on each date on which the Payment Shares are to be issued.
About Plurilock
PlurilockTM provides identity-centric cybersecurity for today's workforces. The Plurilock family of companies enables organizations to operate safely and securely while reducing cybersecurity friction. Plurilock offers world-class IT and cybersecurity solutions through its Solutions Division, paired with proprietary, AI-driven and cloud-friendly security through its Technology Division. Together, the Plurilock family of companies delivers persistent identity assurance with unmatched ease of use.
Plurilock's Base Shelf Prospectus, Prospectus Supplement, financial statements and management's discussion and analysis, among other documents, are all available on the Company's profile page on SEDAR at www.sedar.com. Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release. FORWARD-LOOKING STATEMENTS This press release may contain certain forward-looking statements and forward-looking information (collectively, "forward-looking statements") related to future events or Plurilock's future business, operations, and financial performance and condition. Forward-looking statements normally contain words like "will", "intend", "anticipate", "could", "should", "may", "might", "expect", "estimate", "forecast", "plan", "potential", "project", "assume", "contemplate", "believe", "shall", "scheduled", and similar terms. Forward-looking statements are not guarantees of future performance, actions, or developments and are based on expectations, assumptions, and other factors that management currently believes are relevant, reasonable, and appropriate in the circumstances. Although management believes that the forward-looking statements herein are reasonable, actual results could be substantially different due to the risks and uncertainties associated with and inherent to Plurilock's business. [ MORE ] |
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Plurilock Security Solutions Inc.
Victoria (InfoTech)
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