Sirona Engages Torrey Hills Capital
April 17 2014 - 6:45AM
Marketwired
Sirona Engages Torrey Hills Capital
VANCOUVER, BC--(Marketwired
- April 17, 2014) - Sirona Biochem Corp. (TSX-VENTURE: SBM) (OTCQX: SRBCF) (FRANKFURT: ZSB), (the "Company") is pleased to
announce that it has retained the services of San Diego Torrey
Hills Capital, Inc. ("Torrey Hills "), a Rancho Santa Fe,
California based investor relations firm, to provide market
awareness and investor relations services to the Company, subject
to TSX Venture Exchange acceptance. Torrey Hills will develop
and manage a comprehensive finance and investor relations campaign
for the Company including building and maintaining an investor
audience, increasing awareness of the Company in the investor
community and coordinating communication with management and
investment professionals.
"Torrey Hills Capital brings a track record of success working
with companies like Sirona Biochem. We are looking forward to their
support in introducing and educating our target audiences about
Sirona's unique value proposition," states Neil Belenkie, CEO of
Sirona Biochem.
"We are excited to partner with Sirona Biochem," commented Cliff
Mastricola, President of Torrey Hills Capital. "Management has a
proven record of success and we really like what the Company is
doing with its proprietary chemistry technology to enhance the
stability of carbohydrate-based molecules. As a result, we
believe the investment community will have an interest in the
story."
In addition to the stock options described below, Torrey Hills,
through its officers, directors, employees, and consultants,
controls approximately twenty-five thousand common shares of stock
of the Company, which were purchased on the open market.
Under the terms of the agreement, the Company will pay Torrey
Hills US$4,000 per month for a period of six months and grant
Torrey Hills 400,000 stock options for a period of three years at
an exercise price of $0.16 per share, with vesting in accordance
with TSX Venture Exchange policies and the Company's Stock Option
Plan.
About San Diego Torrey Hills Capital
Torrey Hills Capital is a leading investor relations firm
focused on introducing management teams and marketing small and
microcap companies to investors in more than 50 cities across the
United States and Canada. We organize one-on-one and group
meetings between our clients and our network of institutional,
retail, and private investors, as well as with analysts and
newsletter writers. Our investors attend relevant industry
conferences and participate in client site visits. Our
comprehensive feedback and ongoing marketing efforts post-meetings
are second to none.
About Sirona Biochem
Sirona Biochem is a cosmetic ingredient and drug discovery
company with a proprietary technology platform developed at its
laboratory facility in France. The company specializes in the
stabilization of carbohydrate molecules, with the goal of improving
compounds' efficacy and safety. Sirona Biochem's compounds are
patented as new chemical entities for maximum commercial protection
and revenue potential. Newly developed compounds are licensed to
leading companies around the world in return for licensing and
milestone fees and ongoing royalty payments. TFChem, Sirona
Biochem's wholly-owned French laboratory is a recipient of multiple
French national scientific awards and a European Union and French
government grant. For more information visit
www.sironabiochem.com.
Neither TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in policies of the TSX Venture
Exchange) accepts responsibility for the adequacy or accuracy of
this release.
Sirona Biochem cautions you that statements included in this
press release that are not a description of historical facts may be
forward-looking statements. Forward-looking statements are only
predictions based upon current expectations and involve known and
unknown risks and uncertainties. You are cautioned not to place
undue reliance on these forward-looking statements, which speak
only as of the date of release of the relevant information, unless
explicitly stated otherwise. Actual results, performance or
achievement could differ materially from those expressed in, or
implied by, Sirona Biochem's forward-looking statements due to the
risks and uncertainties inherent in Sirona Biochem's business
including, without limitation, statements about: the progress and
timing of its clinical trials; difficulties or delays in
development, testing, obtaining regulatory approval, producing and
marketing its products; unexpected adverse side effects or
inadequate therapeutic efficacy of its products that could delay or
prevent product development or commercialization; the scope and
validity of patent protection for its products; competition from
other pharmaceutical or biotechnology companies; and its ability to
obtain additional financing to support its operations. Sirona
Biochem does not assume any obligation to update any
forward-looking statements except as required by law.
For more information regarding this press release, contact:
Christopher HoptonCFOSirona Biochem Corp.
Phone: 1.604.282.6064Email: chopton@sironabiochem.com
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