KHOT Infrastructure Announces Appointment Of Investor Relations Consultants
April 14, 2015
ULAANBAATAR, MONGOLIA — KHOT INFRASTRUCTURE HOLDINGS, LTD. (“KHOT” or the “Company”) (CSE: KOT) is pleased to announce that it has entered into consulting agreements with each of Mr. Vincent J. Marciano (“ Marciano “) and Mr. Scott Rose (“ Rose ”) for the provision of investor relations and marketing services.
The agreement between KHOT and Marciano provides for an initial term of one year, which may be terminated by either party with 30 days written notice after the expiration of the initial three month period. Marciano will receive a monthly fee of US$1,500 and will be granted 150,000 options. The agreement between KHOT and Rose shall be on a month to month basis with a 30 day termination notice. Rose will receive a monthly fee of CDN$2,500 and will be granted 150,000 options.
The options are granted to each consultant at an exercise price of $0.10 per share until December 31, 2017 and shall vest in accordance with the agreement, Canadian Securities Exchange policies and the Company’s stock option plan.
Our goal is to become the leading Mongolian transportation contractor and the preferred choice for employees, shareholders and partners. Our focus is on high margin contracts, such as highways and regional roads. Our mission is to provide badly needed infrastructure required by one of the world’s fastest growing economies.
For more information, please visit www.khot-infrastructure.com or contact:
Sabino Di Paola
Chief Financial Officer
1 613 834 6513
President and CEO
1 760 485 7678
Email: [email protected]
The CSE has in no way passed upon the merits of the proposed transaction and has neither approved or disapproved the contents of this press release.