SCOTTSDALE, ARIZONA — (Marketwired) — 06/21/13 — The Board of Directors of VisualVault Corporation (the “Company”) (CNSX: VVT) is pleased to announce that effective June 15, 2013, the Company has retained Byron Capital Markets Ltd. (“Byron”) to provide market-making services in accordance with the policies of the Canadian National Stock Exchange (“CNSX”). Byron will trade shares of the Company on the CNSX for the purposes of maintaining an orderly market. The capital and securities required for any trade undertaken by Byron, as principal, will be provided by Byron.
Under the terms of the agreement (the “Agreement”), with an effective date of June 15, 2013, Byron will receive cash compensation of $5,000 per month. Outside of the Agreement, Byron and its clients may have or may acquire a direct interest in the securities of the Company. The Company and Byron are unrelated and unaffiliated entities. Byron is a member of the Investment Industry Regulatory Organization of Canada (“IIROC”) and is a member of all Canadian stock exchanges and alternative trading systems.
The Agreement is for an open-ended term of at least three months and may be terminated thereafter on 30 days- notice.
Van Potter, CEO of the Company, stated “the engagement with Byron Capital is a significant milestone for our Company, as we seek to work only with the highest quality professionals in all of our capital market activities.”
ON BEHALF OF THE BOARD OF DIRECTORS OF VISUALVAULT CORPORATION
Van Potter, President, CEO, Director
About VisualVault Corporation
VisualVault Corporation (Scottsdale, Arizona,) provides business process and secure document management cloud services used to automate critical business processes where security and integrity of unstructured data is needed and compliance requirements are high. The service is unique in its ability to meet the most compelling and underserved needs of a wide range of vertical markets including health care, securities regulation, manufacturing and government.
About Byron Capital Markets Ltd.
Byron Capital Markets, Ltd.-s operations were founded in 2009 by a group of experienced entrepreneurs who sought to build an innovative, intellectually-driven and independent investment dealer, focused on providing an unparalleled level of service to institutional investors and to corporate clients throughout the lifecycle of their businesses. Today, Byron serves clients in Canada and from around the world from its offices in Toronto, Ontario and Montreal, Quebec.
The Byron team brings a unique set of skills, insights and experience to the numerous sectors of the global economy including metals and mining, oil and gas, alternative energy, technology, healthcare, life sciences and special situations. More information can be found at .
The forward-looking information contained in this press release is made as of the date of this press release and except as required by applicable law, the company does not undertake any obligation to update publicly or to revise any of the included forward-looking information, whether as a result of new information, future events or otherwise. By its very nature, such forward-looking information requires the company to make assumptions that may not materialize or that may not be accurate. This forward-looking information is subject to known and unknown risks and uncertainties and other factors, which may cause actual results, levels of activity and achievements to differ materially from those expressed or implied by such information. Neither the Canadian National Stock Exchange nor its regulation services provider (as that term is defined in the policies of the Canadian National Stock Exchange) accepts responsibility for the adequacy or accuracy of this release.
Contacts:
VisualVault Corporation
Brian Cameron
Chief Financial Officer
602-865-9356
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