Vancouver, British Columbia, February 7, 2022 – TheNewswire - AdRabbit Limited (ASX:RAB) (TSXV:RABI) (the “Company”) is pleased to announce that it has engaged the services of Generation IACP Inc. ("Generation") to provide services as a market maker in compliance with the policies and guidelines of the TSX Venture Exchange and other applicable legislation. Under the agreement, Generation will receive a fee of C$7,500 plus applicable taxes per month. The initial term of the agreement is six (6) months from the date of execution and the agreement will automatically renew for additional six (6) month terms unless earlier terminated by either party. Commencing on the first anniversary of the agreement, the fee payable to Generation will automatically increase annually by 3.0%. No stock options or other compensation are being granted in connection with the engagement.
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This announcement has been approved and authorised for release by Max Bluvband, AdRabbit’s CEO.
For further information, please contact:
David Hwang
Company Secretary
Ph: +61 433 292 290
About AdRabbit Limited (formerly, AppsVillage Australia Limited)
AdRabbit develops an AI-based advertising and marketing platform for small and medium companies that enables them to run automated large-scale advertising and marketing campaigns both online and on social media, including top-tier networks such as Facebook, Google, and TikTok.
The AdRabbit platform provides the complete advertising cycle, from ad design and creation, budget and channel recommendations, analytics, and campaign management, to the lead funnel.
For more information about the Company, please visit https://ad-rabbit.com/.
TSX Venture Exchange
Neither the Exchange nor its Regulation Services Provider (as such term is defined in the policies of the Exchange) accepts responsibility for the adequacy or accuracy of this news release.
Caution Regarding Forward Looking Statements
The information in this news release includes certain information and statements about management’s view of future events, expectations, plans and prospects that constitute forward looking statements. These statements are based upon assumptions that are subject to significant risks and uncertainties, including those “Risk Factors” contained in the Listing Application of the Company dated November 15, 2021 and available at www.sedar.com. Forward looking statements in this news release include, but are not limited to, the anticipated benefits of the engagement and services noted in this news release. Because of these risks and uncertainties, the actual results, expectations, achievements or performance may differ materially from those anticipated and indicated by these forward-looking statements. Although the Company believes that the expectations reflected in forward looking statements are reasonable, it can give no assurances that the expectations of any forward-looking statement will prove to be correct. Except as required by law, the Company disclaims any intention and assumes no obligation to update or revise any forward-looking statements to reflect actual results, whether as a result of new information, future events, changes in assumptions, changes in factors affecting such forward looking statements or otherwise.
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