NorthStar Gaming Holdings Inc. announced that it has entered into an advisory agreement with Blue Sky Trading & Consulting Ltd. (Blue Sky) to provide advisory services to NorthStar relating to capital markets, including capital raising and mergers & acquisitions.
The Agreement is effective March 24, 2023, and has an initial term of six months beginning on the date hereof (Term) and may be terminated by either party upon ten days written notice. The Term may be extended by either party upon mutual agreement between NorthStar and Blue Sky.
In consideration of the services provided by Blue Sky pursuant to the Agreement, Blue Sky will receive C$55,000 per month, payable in the common shares of NorthStar. At no point will Blue Sky receive greater than 1,000,000 NorthStar common shares over the course of the term, or 166,666 shares in any one month. Shares will be priced at at least the discounted market price on the date the invoice for services is provided in arrears.
The Agreement is subject to the company’s filing requirements with the TSX.V and TSX.V approval.
