Thiogenesis Engages Brisco Capital for Investor Relations
Thiogenesis hires an investor relations firm and seeks shareholder approval to expand its equity incentive plan back to a 20% share reserve.
Rhea-AI Summary
Thiogenesis Therapeutics (TTIPF) has engaged Brisco Capital Partners to provide investor relations services effective September 1, 2026. Brisco will help expand communications with shareholders, investors and the broader investment community to increase awareness of Thiogenesis and its development programs.
Brisco will receive a monthly fee of $6,000 plus taxes and 100,000 stock options exercisable at $0.50 for 36 months, vesting quarterly over one year; the agreement and option grant are subject to TSX Venture Exchange acceptance. Thiogenesis also plans to amend its omnibus equity incentive plan, raising the share reserve from 9,099,095 to 13,995,931 common shares to restore the 20% security-based compensation limit. The amendment requires TSXV acceptance and disinterested shareholder approval at the annual and special meeting on September 8, 2026.
Positive
- Brisco Capital engagement formalized with $6,000 monthly fee and 100,000 options, aimed at expanding investor outreach
- Equity plan reserve proposed increase to 13,995,931 shares restores full 20% capacity for future stock-based awards
Negative
- Potential dilution from raising the equity incentive plan reserve from 9,099,095 to 13,995,931 common shares, subject to approvals
- Ongoing cash outlay of $6,000 per month plus taxes for investor relations services adds to operating expenses
AI-generated analysis. How Rhea-AI works. Not financial advice.
San Diego, California--(Newsfile Corp. - September 3, 2026) - Thiogenesis Therapeutics, Corp. (TSXV: TTI) (OTCQB: TTIPF) ("Thiogenesis" or the "Company"), a clinical-stage biotechnology company developing sulfur-based therapeutics for rare diseases, today announced that it has engaged Brisco Capital Partners Corp. ("Brisco") to provide investor relations services.
Brisco will assist the Company in expanding communications with shareholders, investors and the broader investment community to increase awareness of Thiogenesis and its development programs.
Brisco is a Calgary, Alberta based investor relations firm providing services to a number of public companies including business development, road shows, corporate communications and tradeshow advisory. Brisco currently owns no securities in the Company.
The agreement is effective as of September 1, 2026. Brisco will receive a monthly fee of
Amendment to Omnibus Equity Incentive Plan
The Company intends to amend its omnibus equity incentive plan (the "Plan") by increasing the number of common shares reserved for issuance from 9,099,095 to 13,995,931 common shares. The Plan is a fixed
The board of directors has determined that the remaining reserve is insufficient to meet the Company's anticipated incentive compensation requirements. The proposed amendment would restore the Plan reserve to
The amendment is subject to TSXV acceptance and disinterested shareholder approval at the Company's annual and special meeting of shareholders scheduled for September 8, 2026.
About Thiogenesis
Based in San Diego, California, Thiogenesis Therapeutics Corp. (TSXV: TTI) (OTCQB: TTIPF) is a clinical-stage biotechnology company developing sulfur-based therapeutics for rare diseases. The Company's lead candidate, TTI-0102, is being developed for nephropathic cystinosis and primary mitochondrial diseases, including Leigh syndrome spectrum. Thiogenesis is advancing TTI-0102 through clinical development with the goal of addressing significant unmet medical needs in rare genetic disorders.
For further information, please contact:
Brook Riggins, Director and CFO
Email: info@thiogenesis.com
Tel.: (888) 223-9165
Forward-Looking Statements
Some statements contained in this news release are forward-looking information within the meaning of Canadian securities laws. Generally, forward-looking information can be identified by the use of forward-looking terminology such as plans, expects, is expected, budget, scheduled, estimates, forecasts, intends, anticipates, believes or variations of such words and phrases including negative or grammatical variations or statements that certain actions, events or results may, could, would, might or will be taken, occur or be achieved or the negative connotation thereof. Investors are cautioned that forward-looking information is inherently uncertain and involves risks, assumptions and uncertainties that could cause actual facts to differ materially. There can be no assurance that future developments affecting the Company will be those anticipated by management. The forward-looking information contained in this press release constitutes management's current estimates, as of the date of this press release, with respect to the matters covered thereby. We expect that these estimates will change as new information is received. While we may elect to update these estimates at any time, we do not undertake to update any estimate at any particular time or in response to any event.
Neither the TSX Venture Exchange nor its Regulation Services Provider as that term is defined in the policies of the TSX Venture Exchange nor the OTC Markets Group Inc. accepts responsibility for the adequacy or accuracy of this news release. This news release is not an offer of securities for sale in the United States. The securities may not be offered or sold in the United States absent registration or an exemption from registration under the U.S. Securities Act of 1933, as amended, the U.S. Securities Act. The Company has not registered and will not register the securities under the U.S. Securities Act. The Company does not intend to engage in a public offering of their securities in the United States.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/312667