SAN JOSE, Calif., June 19, 2018 /CNW/ -- Nubeva Technologies
LTD. ("Nubeva" or the "Company") (TSX-V: NBVA), is pleased to
announce that, subject to regulatory approval, it has retained
Mackie Research Capital Corporation to initiate its market making
service to provide market making services to the Company in
compliance with the policies and guidelines of the TSX Venture
Exchange and other applicable legislation.
Mackie will trade shares of Nubeva on the TSXV with the
objective of maintaining a reasonable market and improving the
liquidity of Nubeva's common shares. Under the terms of the
agreement, Mackie will receive $4,000
per month payable quarterly in advance. The agreement will continue
in effect unless terminated by either party. There are no
performance factors contained in the agreement and Mackie will not
receive shares or options as compensation. Mackie and the Company
are unrelated and unaffiliated entities, but Mackie may provide
investment banking services to the Company and Mackie and/or its
clients may have an interest, directly or indirectly, in the
securities of the Company.
About Mackie Research Capital Corporation
Mackie is one of Canada's
largest independent full-service investment firms, and proudly
traces its roots back to 1921. Mackie is privately owned by
many of its 300 employees. As a fully integrated national
investment dealer, Mackie offers a full complement of capital
markets and wealth management services to private clients,
institutions and growth companies.
About Nubeva Technologies Ltd.
Nubeva Technologies Ltd. develops Software-as-a-Service (SaaS)
software and services that enable enterprises to run best-of-breed
cybersecurity in public cloud environments. Nubeva's products
provide enhanced visibility and control over network traffic and
simplified automation and operation that is essential to run
top-tier security technologies and services in the cloud easily and
at low costs. With Nubeva, organizations can leverage existing
policies, technologies and operations and accelerate their move to
the cloud with confidence. San Jose, CA-headquartered Nubeva
is committed to the vision of dramatically broader and lower cost
availability of the world's best security to confront the rising
cyber-crime threat. Visit www.nubeva.com for more
information.
Forward Looking Statements
This news release includes statements containing forward-looking
information. Actual results may differ materially from those
contemplated by these statements. Undue reliance should not be
placed on them because the Company can give no assurance that they
will prove to be correct.
Neither the TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
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SOURCE Nubeva Technologies Ltd.