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Spectra7 Engages Hybrid Financial Ltd.

By ET Bureau - April 18, 2021 2 Mins Read

Spectra7 Engages Hybrid Financial Ltd.

Spectra7 Microsystems Inc.(TSXV: SEV) (“Spectra7“, or the “Company“) is pleased to announce that it has retained Hybrid Financial Ltd. The services provided by Hybrid to the Company are a data base of Registered Financial Professionals in North America. Hybrid is not promoting the specific purchase or sale of securities. It provides its database, technology and call center services to enable the issuer to disseminate its information to Financial Professionals only. Hybrid provides its services directly to the Company.

Hybrid has agreed to comply with all applicable securities laws and the policies of the TSX Venture Exchange (the “TSXV“) in providing the Services.

Also Read: Hybrid Cloud: The Backbone of Cost Effective Digital Transformation

Hybrid has been engaged by the Company for an initial period of 6 months starting April 12, 2021 (the “Initial Term“) and then shall be renewed automatically for successive 3-month periods thereafter, unless terminated by the Company. Hybrid will be paid a one-time $50,000 payment and a monthly fee of $22,500, plus applicable taxes, during the Initial Term. Hybrid does not have any interest, directly or indirectly, in the Issuer or its securities or any right or intent to acquire such an interest.

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