Zalemark Holding Co. Enters into a $1 Million Equity Purchase Agreement with Kodiak Capital Group, LLC
30 October 2015 - 6:46AM
Access Wire
LOS ANGELES, CA / ACCESSWIRE / October 29, 2015
/ Zalemark Holding Co. (OTC:ZMRK), at times referred to
herein as Zalemark, today announced that it has entered into a $1
million common stock purchase agreement with Kodiak Capital Group,
LLC, a Newport Beach, California-based institutional investor.
Zalemark is an award winning product design, development,
manufacturing and distribution Company that develops and markets
strategic jewelry brands such as, Crayola(R) Fine Jewelry, Mars(R)
M&M's(R) Jewelry Brand, and Demeter(R) Fine Jewelry.
Zalemark has agreed to file a registration statement with the
U.S. Securities and Exchange Commission covering the shares that
may be issued to Kodiak under the terms of the common stock
purchase agreement. After the SEC has declared the registration
statement related to the transaction effective, Zalemark will have
the right at its sole discretion over a period of one year to sell
up to $1 million of common stock under the terms set forth in the
agreement.
Proceeds from this transaction, if any, will be used to further
develop and commercialize projects using Zalemark's market
expertise, extensive relationship capital and award winning
industry performance.
"We are very excited about the opportunity to receive this
capital infusion and the vote of confidence in our brand and
business model by an investment group as renowned and successful in
the consumer products space as Kodiak Capital," commented Raymond
Ruiz, Zalemark's Chief Executive Officer. Scott Lopez, Kodiak
Capital Group Advisory Board Member, said "We are equally pleased
to be able to assist an industry innovator such as Zalemark as it
moves forward with the commercialization and distribution of its
world class products and market strategy."
Contacts:
Zalemark Holding Company, Inc.
Ernest Martel, COO/ CIO
info@zalemark.com
www.zalemark.com
or
Kodiak Capital Group, LLC
Office: 212-262-2600
info@kodiakfunds.com
www.kodiakfunds.com
SOURCE: Zalemark Holding Company, Inc.
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