Kontrol Energy Engages Paradox Public Relations Inc.

TORONTO, Sept. 1, 2017 /CNW/ - Kontrol Energy Corp. ("Kontrol" or the "Corporation") (CSE:KNR) announces that it has engaged Paradox Public Relations Inc. ("Paradox") as strategic investor relations consultants to the Corporation. Paradox will focus on developing and expanding Kontrol's communications with the investment community through a comprehensive investor relations program.

Paradox is an investor relations company founded in 2001 and is based in Montreal, Canada. Paradox provides a wide range of services to companies to help broaden investor exposure and develop a shareholder following.

The term of the agreement between the Corporation and Paradox is for a period of up to two years. In consideration for Paradox's services, Kontrol has agreed to monthly fees of $6,000.  In addition, the Corporation has agreed to stock options that grant Paradox the right to a certain number of common shares of the Corporation at an exercise price of $0.60 per common share for a period of one year. The options will vest in four quarterly tranches over 12 months from the grant date.

About Kontrol Energy Corp.

Kontrol Energy Corp. (CSE:KNR) is a leader in energy efficiency solutions and technology. Through a disciplined mergers and acquisition strategy, combined with organic growth, Kontrol Energy Corp. provides market-based energy solutions to our customers designed to reduce their overall cost of energy while providing a corresponding reduction in Greenhouse Gas (GHG) emissions. 

Additional information about Kontrol Energy Corp. can be found on its website at www.kontrolenergy.com and by reviewing its profile on SEDAR at www.sedar.com 

About Paradox Public Relations Inc.

Paradox Public Relations Inc. was formed in 2001 and is headquartered in Montreal, Quebec, Canada. Its bilingual team of professionals offers experience and expertise in investor relations, corporate communications and non-deal road shows. Paradox specializes in the development and marketing of emerging growth, micro-cap and small cap companies. With over 16 years of continued service, Paradox has developed extensive national and international contacts including brokers, investment advisors, institutional investors, investment funds, analysts, newsletter writers.

Caution Regarding Forward Looking Statements:

Certain information included in this press release, including information relating to future financial or operating performance and other statements that express the expectations of management or estimates of future performance constitute "forward-looking statements". Such forward-looking statements include, without limitation, statements regarding possible future acquisitions and/or investments in operating businesses and/or technologies, accelerated organic growth, the provision of solutions to customers and Green House Gas emissions reductions, proposed financial savings and sustainable energy benefits and energy monitoring. Where the Company expresses or implies an expectation or belief as to future events or results, such expectation or belief are based on assumptions made in good faith and believed to have a reasonable basis. Such assumptions include, without limitation, that suitable businesses and technologies for acquisition and/or investment will be available, that such acquisitions and or investment transactions will be concluded, that sufficient capital will be available to the Company, that technology will be as effective as anticipated, that organic growth will occur, and others. However, forward-looking statements are subject to risks, uncertainties and other factors, which could cause actual results to differ materially from future results expressed, projected or implied by such forward-looking statements. Such risks include, but are not limited to, lack of acquisition and investment opportunities or that such opportunities may not be concluded on reasonable terms, or at all, that sufficient capital and financing cannot be obtained on reasonable terms, or at all, that technologies will not prove as effective as expected that customers and potential customers will not be as accepting of the Company's product and service offering as expected, and government and regulatory factors impacting the energy conservation industry. Accordingly, undue reliance should not be placed on forward-looking statements and the forward-looking statements contained in this press release are expressly qualified in their entirety by this cautionary statement. The forward-looking statements contained herein are made as at the date hereof and the Company does not undertake any obligation to update publicly or revise any such forward-looking statements or any forward-looking statements contained in any other documents whether as a result of new information, future events or otherwise, except as required under applicable securities law.

SOURCE Kontrol Energy Corp.

Kontrol Energy Corp.: Paul Ghezzi, Chief Executive Officer, +[phone] x 1001, [email protected]; Paradox Public Relations Inc.: Carl Desjardins, [phone], [email protected]