KWESST Micro Systems Inc (CVE:KWE) (OTCQB:KWEMF) is extending its contract with investor relations firm Emerging Markets Consulting LLC to June 2022.
In a statement, KWESST CEO Jeff MacLeod told investors that the company felt it is a good time to reach out to US investors following its recent acquisition of the Low Energy Cartridge System -- the world's first cartridge-based non-lethal firing system.
EMC will continue to provide investor relations services to KWESST, including electronic media and webcast services, design, development and dissemination services.
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"We expect the continued engagement of EMC will help us expand our shareholder base and the liquidity of the stock to the benefit of all shareholders,” MacLeod said.
James Painter, EMC’s president, added that the investor relations firm “sees a blue ocean of opportunity” for the Low Energy Cartridge System” in the less-than lethal market.
The compensation to be paid to EMC will be based on the scope of work of various investor relations projects undertaken by EMC on behalf of KWESST, the companies noted in a release.
Based in Ottawa, KWESST is a leader in advancing the modern networked capability of soldiers and responders with niche applications that make a critical difference for safety and effectiveness.
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