AI/ML Innovations Engages Octagon Media/Wall Street Reporter for Market Awareness
TORONTO, ON / ACCESSWIRE / December 30, 2022 / AI/ML Innovations Inc. (the ‘Company’) (CSE-AIML)(OTCQB-AIMLF)(FWB-42FB), a company committed to acquiring and advancing Artificial Intelligence/Machine Learning technologies that address urgent societal needs, is pleased to announce that it has engaged Octagon Media Corp in a marketing services agreement to assist with a digital media campaign. Specifically, Wall Street Reporter (an affiliate of Octagon) will provide coverage of AI/ML Innovations’ news releases and marketing materials, as well as produce video interviews with management of the Company.
The term of the contract is four months. As compensation, Octagon Media Corp. will receive a total payment of US$60,000 to be paid via ‘Shares for Services’, by way of issuance of 800,000 AIML common shares at a deemed price of CAD$0.10 per share. The Company shall also grant Octagon Media Corp incentive stock options to purchase up to 300,000 common shares in the capital of the Company at an exercise price of CAD$0.20 per share, for a 12-month period.
Compensation shares and share purchase options to be issued in accordance with this Agreement are subject to requisite regulatory approvals and requirements, as well as the Company’s Stock Option Plan terms.
About Wall Street Reporter
Wall Street Reporter (Est. 1843) is a leading online, market news provider that brings current news and market insight to investors and gives investors direct access to CEO’s of promising, publicly-traded companies. Wall Street Reporter’s global investor audience consists primarily of hedge fund managers, investment advisors, analysts, investment bankers, and self-directed individual investors managing over $2 trillion in capital worldwide.
About AI/ML Innovations Inc.
AI/ML Innovations Inc. has realigned its business operations to capitalize on…
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