MONTREAL, May 31, 2024
/CNW/ - Reitmans (Canada) Limited
("Reitmans" or the "Company") (TSXV: RET) (TSXV: RET-A),
Canada's leading specialty apparel
retailer, today announced that it has retained MBC Capital Markets
Advisors ("MBC") to provide strategic investor relations services,
including to enhance communication and engagement with Reitmans
shareholders and the broader investment community.
Founded in 1983 as MaisonBrison Communications, MBC is one of
Canada's leading advisory firms
specializing in investor relations and strategic communications.
MBC's dedicated team of IR professionals includes former sell-side
analysts, bankers, investor relations officers, and special
situations experts.
Under the terms of the engagement, Reitmans will pay MBC a base
monthly fee of C$10,000, subject to
adjustments as pre-approved by Reitmans, for an initial
twelve-month period, commencing on June 1,
2024.
Neither MBC nor any of its principals has an ownership interest,
directly or indirectly, in Reitmans or its securities, and Reitmans
has not granted any right to acquire any such interest to MBC or
any of its principals, nor to Reitmans' knowledge MBC or any of its
principals have any intention to acquire any such interest.
About Reitmans (Canada) Limited
The Company is a leading women's specialty apparel retailer with
retail outlets throughout Canada. The Company operates 392
stores consisting of 227 Reitmans, 85 PENN.Penningtons and 80
RW&CO.
For more information,
visit www.reitmanscanadalimited.com.
Neither TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
SOURCE Reitmans (Canada)
Ltd