Less Mess Storage-New Board Appointment; Retains the Howard Group for Strategic Investor Communications

Posted by MiniCo on May 22, 2014 12:00:00 AM

Less Mess Storage-New Board Appointment; Retains the Howard Group for Strategic Investor Communications

Less Mess Storage Inc.is pleased to announce that Tracy Graf, President and CEO of Carfinco Financial Group (TSX:CFN), has joined the Company’s Board of Directors.

In 1996, Mr. Graf co-founded Carfinco, a company offering vehicle financing programs through 2,400 dealerships in Canada and the United States. Mr. Graf is also a director of LoneStar West Inc., and Aurora Spine Corporation, and invested in the recent Less Mess equity offering.

Guy Pinsent, President and CEO of Less Mess, commented:

“We are delighted to welcome Tracy Graf to the Board of Less Mess Storage. Tracy brings a wealth of experience and an excellent track record of success in public markets, business management and financing, which we feel will add substantial value to the Company as we expand our self-storage business in the largely untapped markets of central Europe.”

Less Mess Storage Inc., is also pleased to announce that it has retained The Howard Group Inc.  as its strategic investor communications advisor under an investor relations agreement . The Howard Group will direct both traditional and online initiatives targeting the investment and institutional communities and the investing public. HG also assisted Less Mess with marketing initiatives and relationships in conjunction with the Company’s recent successful equity offering for gross proceeds of $7,000,000.

The Agreement has a term of one year with monthly remuneration payable to the Howard Group of $7,500. HG will also be granted 100,000 stock options with a three-year term, exercisable at $1.00 per share and vesting equally in four installments each three months after the date of grant. The Agreement together with the granting of the stock options is subject to the approval of the TSX Venture Exchange.

Since 1988, The Howard Group has provided comprehensive investor and capital market programs, business development solutions, strategic planning and financing services to publicly trading companies.

In addition to its ongoing services, The Howard Group will be providing commentary on Less Mess’ activities in its “Insight” online blog.

Interested parties may subscribe at: https://howardgroupinsightnewsletter.blogspot.com/

About Less Mess Storage

Less Mess Storage Inc. owns and operates the largest self-storage chain in Central and Eastern Europe, with a portfolio of five stores, two in Warsaw (both freehold) and three in Prague (two freehold, one leasehold), offering over 180,000 square feet of net lettable area. Total revenues in 2013 were over $4 million and average store occupancy was approximately 80%. The Company plans to add additional stores and rentable space in Warsaw and Prague in the future. The Company’s registered and records office is located in Vancouver, British Columbia, its operations head office is located in Warsaw, Poland, and it also has offices in Prague, Czech Republic.

For further information, please refer to the Company’s disclosure record on SEDAR (www.sedar.com).

(via MarketWired)]]>