TORONTO, Aug. 01, 2017 (GLOBE NEWSWIRE) -- ThreeD Capital Inc. (the “Company”) (CSE:IDK) is pleased to announce today that it has entered into an agreement with Agora Internet Relations Corp. (“Agora”) pursuant to which Agora will provide marketing, advertising and related services to the Company for a fee of $40,000 to be paid by the issuance of common shares of the Company (“Common Shares”). The fee is payable in five installments of $8,000 each (each, an “Installment”), with the first Installment to be paid on August 2, 2017, and the subsequent Installments to become payable at the end of each three-month period thereafter. The price of the Common Shares to be issued as payment for each Installment will be set at the closing price of the Common Shares on the date which such Installment becomes payable. The first Installment will be paid by the issuance of 72,727 Common Shares at a price of $0.11 per share for an aggregate price of $8,000.

All amounts are in Canadian dollars. Common Shares issued pursuant to the agreement with Agora will be subject to a four-month hold period from the date of issuance.

About ThreeD

ThreeD Capital Inc. is a publicly- traded Canadian-based venture capital firm focused on opportunistic investments in companies in the resource, technology and biotechnology markets.

For further information: 
Gerry Feldman, CPA, CA
Chief Financial Officer and Corporate Secretary
feldman@threedcap.com
telephone: 416 606 7655 

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