Powerbank to Reengage The Financial Star News Inc. for Digital Marketing Services

Rhea-AI Summary

PowerBank Corporation (NASDAQ: SUUN) has announced the renewal of its digital marketing partnership with The Financial Star News Inc. (FSN). The new six-month agreement commences July 31, 2025, with FSN providing comprehensive digital marketing services including campaign creation, keyword optimization, and social media management.

The Company will pay FSN a fee of USD $350,000 (plus GST) for these services. This follows a previous engagement where FSN received USD $700,000 and 500,000 Restricted Share Units, of which 250,000 shares were sold after the initial program's completion. FSN has committed to not selling their remaining shares during the active marketing campaign.

VANCOUVER, BC, July 29, 2025 /PRNewswire/ - PowerBank Corporation (NASDAQ: SUUN) (Cboe CA: SUNN) (FSE: GY2) ("Powerbank" or the "Company"), a North American energy infrastructure developer and asset owner, will be reengaging The Financial Star News Inc. ("FSN") a digital marketing firm specializing in creating and managing comprehensive digital marketing campaigns, for up to six months commencing on July 31, 2025, or until budget exhaustion (the "Agreement"). The term of the Agreement may be extended or shortened at the discretion of Powerbank management. This is following a previous engagement by the Company of FSN which expired on April 29, 2025 (the "Initial Agreement"). 

Under the terms of the Agreement, FSN shall, as appropriate, create campaigns, ad groups, text ads, display ads, perform detailed keyword research, setup and manage remarketing campaigns, optimize keyword options, coordinate online advertisers and marketers corresponding to online marketing targets, create landing pages for ad campaigns and generally bring attention to the business of the Company. The promotional activity undertaken by FSN will occur on www.thefinancialstar.com, its related landing pages, social media and Google.

Under the terms of the Agreement, the Company will pay a fee of USD $350,000 (plus GST), inclusive of third-party costs. Prior to this, FSN was paid USD $700,000 under the Initial Agreement. Under the terms of the Initial Agreement, FSN was issued 500,000 Restricted Share Units of the company.  FSN sold 250,000 shares following the completion of its initial marketing program. FSN informed the market of both its intent to sell and the conclusion of its marketing engagement with SolarBank, as detailed in its disclosure on Newswire dated April 29, 2025. https://www.newswire.ca/news-releases/the-financial-star-news-inc-concludes-marketing-engagement-with-solarbank-corporation-830688290.html  FSN will refrain from selling any additional shares while its marketing campaign remains active.

Disclosure & Safe Harbor Statement

This news release is for informational purposes only and does not constitute an offer or solicitation to sell or purchase securities. Readers are advised that all decisions regarding investing should be based solely upon the public filings made by Powerbank Corporation with applicable regulatory authorities, available at [www.sec.gov](https://www.sec.gov).

Forward-looking statements contained in this release are subject to risks and uncertainties, which could cause actual results to differ materially from those expressed. The Company assumes no obligation to update these statements as circumstances change.

Readers are strongly encouraged to consult Powerbank Corporation's filings with the SEC for comprehensive information and disclosures relating to its financial condition, business operations, and securities.

View original content:https://www.prnewswire.com/news-releases/powerbank-to-reengage-the-financial-star-news-inc-for-digital-marketing-services-302516337.html

SOURCE Financial Star News Inc.

FAQ

What is the value of PowerBank's new marketing agreement with FSN?

PowerBank will pay FSN USD $350,000 (plus GST) for digital marketing services under the new agreement starting July 31, 2025.

How long will PowerBank's new marketing agreement with FSN last?

The agreement will last for up to six months starting July 31, 2025, or until budget exhaustion, with the possibility of extension or shortening at PowerBank's discretion.

What services will FSN provide to PowerBank (NASDAQ: SUUN)?

FSN will provide comprehensive digital marketing services including campaign creation, ad management, keyword research, remarketing campaigns, landing page creation, and general business promotion across their platform and social media.

How many shares did FSN receive in their previous agreement with PowerBank?

In the previous agreement, FSN received 500,000 Restricted Share Units, of which they sold 250,000 shares after completing their initial marketing program.

What was the value of FSN's previous marketing agreement with PowerBank?

Under the previous agreement (Initial Agreement), FSN was paid USD $700,000 plus 500,000 Restricted Share Units.