Mota Ventures Corp (CSE:MOTA) (OTCMKTS:PEMTF) said it had hired AGORA Internet Relations Corp (AGORACOM) for an initial 12 months to provide online advertising and marketing services and has launched a 'CEO verified' discussion forum on the platform.
AGORACOM is the pioneer of online marketing, broadcasting, conferences and IR services to North American small and mid-cap public companies, with more than 300 companies served, said Mota.
The Mota Ventures HUB is live and can be found HERE.
In consideration, AGORA is entitled to a fee of C$60,000, to be paid in five equal tranches over the term.
Mota said AGORA would be paid the fee in company shares, to be determined based on the market price of the shares at the time of issue.
Mota added that exclusive sponsorships of the digital properties such as the AGORACOM home page and the AGORACOM Twitter account will serve to significantly raise the brand awareness of Mota Ventures among smallcap investors.
On Monday this week, Mota revealed it had opted not to go forward with its planned strategic merger with Stillcanna Inc, citing difficult market conditions.
The letter, dated February 26, would have seen Mota acquire the outstanding share capital of the large-scale CBD oil extraction company to further its own operations in the European market.
The decision was made by both parties, the company said.