VANCOUVER, Oct. 30, 2018 /CNW/ – RYU Apparel Inc. (TSX-V:RYU, OTC US:RYPPF, FRA: RYA) (“RYU” or the “Company“), creator of urban athletic apparel, is pleased to announce that the RYU trade-mark and design has been accepted for registration at the Chinese Trade-mark Office (the “CTO”). RYU has similar trade-mark applications and registrations in Canada, China, Hong Kong, Macau and the United States.
The Company continues to invest in establishing and protecting its intellectual property, including its trademarks, to safeguard the growing value and competitive positioning of the RYU brand and product innovation.
RSU grant:
The Company announces that it has granted 197,000 Restricted Share Units (each, an “RSU”) to certain non-IR consultants and employees, pursuant to its Long-Term Performance Incentive Plan. The RSUs will vest in twelve months from their vesting start dates.
Investor relations programs:
The Company announces that, subject to approval from the TSX Venture Exchange (the “Exchange”), the Company seeks to engage Streetwise Investors Club Inc. (“Streetwise”) for investor relations services to act as an outsourced financial market consultant to the Company for a period of 12 months from the approval thereof. The services are anticipated to include investor presentations, presentation videos, internet marketing, performance coaching and research reports. In consideration for the investor relations services, the Company has agreed to pay a monthly cash fee in the amount of $3,900 plus applicable taxes. The Company also announces it has entered into an amendment agreement with Native Ads, Inc. for an additional term for investor relations services in consideration for a fee of $200,000.
The Company is unrelated and unaffiliated with Streetwise and Native Ads, Inc.
For regular updates on RYU Apparel visit: http://ryu.com
About RYU
Respect Your Universe (TSX-V:RYU, OTC US:RYPPF, FRA: RYA) is an award winning urban athletic apparel and accessories brand engineered for the fitness, performance and lifestyle of athletically minded men and women. Innovatively designed without compromise and tailored for fit, comfort, and durability, RYU exists to facilitate human performance. For more information, visit: http://ryu.com
Neither the 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.
SOURCE RYU Apparel Inc.