iFabric Corp Announces New Investor Relations Services Provider
MARKHAM, ON /ACCESSWIRE/February 7, 2022/ iFabric Corp. (“iFabric” or the “Company”) (TSX:IFA)(OTCQX:IFABF), is pleased to announce that it has entered into a consulting agreement (the “Agreement”) with Renmark Financial Communications Inc. (” Renmark”) to provide the Company with investor relations advisory services in accordance with the policies and guidelines of the Toronto Stock Exchange (“TSX”) and applicable laws.
Renmark will provide investor relations and advisory services to the Company beginning February 1, 2022. Renmark does not own or control any common shares of the Company.
Renmark is a full-service investor relations firm representing small, mid and large cap companies traded on all North American stock exchanges, with offices in Atlanta, New York, Toronto and Montreal. Renmark specializes in working with listed companies looking to build, support or expand their existing investor relations strategy and capabilities.
“With the U.S. Environmental Protection Agency’s approval of public health claims for PROTX2-treated fabrics expected in the current quarter, 2022 is shaping up to be a transformational year for iFabric,” said Hylton Karon, President and CEO of iFabric. “We look forward to working with the Renmark team to increase our reach with investors, particularly in the United States,” Mr. Karon concluded.
ABOUT iFABRIC CORP:
Based in Markham, Ontario, iFabric, www.ifabriccorp.com, is listed on the Toronto Stock Exchange and currently has 29.6 million shares issued and outstanding. Its two strategic divisions offer a variety of products and services through wholly-owned subsidiaries, namely Intelligent Fabric Technologies (North America) Inc. (“IFTNA”) and Coconut Grove Pads Inc. (“Coconut Grove”) .
IFTNA is focused on developing and selling high performance athletic apparel, medical protective apparel, consumer protective apparel, and proprietary treatments that impart “smart” properties to fabrics, foams, plastics, and many other surfaces, improving safety and well-being. being of the user. These smart properties include antiviral and antibacterial features, water repellency, and UV protection, among others.
Coconut Grove, Coconut Grove operating as Intimates, is a designer, manufacturer, distributor, licensor and licensee of intimate apparel products and accessories for ladies.
Forward-looking statements provide an opinion as to the effect of certain events and trends on the business. Certain statements contained in this press release constitute forward-looking statements. The use of words such as “anticipate”, “continue”, “estimate”, “expect”, “may”, “will”, “plan”, “should”, “believe” and similar expressions are intended to identify – look at the statements. These forward-looking statements are based on current expectations and various estimates, factors and assumptions and involve known and unknown risks, uncertainties and other factors. Forward-looking information includes, but is not limited to, statements regarding the potential for product development and its current or future sales results or earnings.
Statements regarding pending United States Environmental Protection Agency approval are based on the assumption that United States Environmental Protection Officers will honor their commitment to provide such approval. Forward-looking statements are based on the opinions and estimates of management as of the date such statements are made.
Readers are cautioned that forward-looking statements are not based on historical facts, but rather are based on reasonable assumptions and estimates of the Company’s management at the time they were made and involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking information. Such factors include, among others, delays in the third-party regulatory approval process outside of the Company’s control, as well as the risk factors described in the Company’s Annual Information Form dated December 28, 2021 and other documents filed with Canadian securities regulators available under the Company’s profile on SEDAR at www.sedar.com.
The forward-looking information contained in this press release is expressly qualified by this cautionary statement. We undertake no obligation to update forward-looking information to conform to actual results or to changes in our expectations, except as required by applicable securities laws. Readers are cautioned not to place undue reliance on forward-looking information.
FOR MORE INFORMATION, please contact:
Hilton Price, Chief Financial Officer
E-mail: [email protected]
Neither the Toronto Stock Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Toronto Stock Exchange) accepts responsibility for the adequacy or accuracy of this press release.
THE SOURCE: iFabric Corp.
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