SWMBRD Sports Inc (CSE:SWIM) told investors it has engaged brand ambassador Eron Dodds as its director of sales for Eastern Canada and Quintin Hill as its expert dive industry consultant, and has also entered into a consulting agreement with Synergy Corporate Solutions.
The company said Dodds, who has been involved in outdoor recreation sales and promotions for many years, has been engaged for a 12-month term, subject to earlier termination by the company upon 10 days' written notice or by the consultant upon 30 days’ notice. Dodds will receive 240 restricted share units (RSUs) vesting in equal monthly instalments, for his services.
It noted that Dodds continues to serve as a brand ambassador, regional team member and national pro-staff for some of North America’s most iconic outdoor brands including Jackson Kayak, Bending Branches, Frontenac Outfitters, YakAttack, Lynac Lithium Technology, Tightline Anchor and Malone Auto Racks.
“His reputation and experience in the Outdoor Recreation Market, specifically Cottage Country is a great asset to SWMBRD and we look forward to a long and successful relationship,” SWMBRD president Justin Schroenn commented.
SWMBRD said Quintin Hill, who has been engaged on the same terms as Dodds, has over 25 years of experience as a PADI (Professional Association of Diving Instructors) instructor and has introduced countless individuals to the exciting sport of diving.
His expertise extends from teaching beginner divers to mentoring aspiring professional instructors. In 2021 he launched D I V / O C E A N which became the first PADI Freedive Center in Canada.
Hill also holds a 200gt Master of Yachts license and has spent over a decade as a professional yacht crew member onboard luxury yachts, the company added.
“As we prepare to begin our sales and marketing agreement with Riptide Scuba USA, we could not be more excited to welcome Quintin to the SWMBRD team,” Schroenn added.
“His extensive experience both in the dive and luxury yacht industry will allow the company to communicate with authority and legitimacy, to all the benefits of SWMBRD to Dive and luxury Yacht industries."
The company also announced it has entered into a consulting agreement with Synergy Corporate Solutions Inc, whose principal Denise Dingwall has over 20 years of experience in the corporate, securities and administration industry.
It noted that Dingwall has worked with numerous public companies listed on the TSX Venture Exchange and the Canadian Securities Exchange and her expertise and experience extend to areas of regulatory compliance, corporate governance, and continuous disclosure obligations for various Canadian public-listed companies.
Synergy has been granted 212,240 RSUs, with 171,600 vesting immediately and the remaining 40,640 fully vesting on October 18, 2023.
SWMBRD said the RSUs it has granted are subject to the provisions of its omnibus equity incentive plan.
Contact the author at stephen.gunnion@proactiveinvestors.com