VANCOUVER: Global Care Capital Corp. has announced the appointment of James Foster, a founder of ViraxClear’s joint venture partner Shanghai Biotechnology Devices Inc., to the advisory board.
Foster has been a China focused investment, sales and distribution expert in the medical device and pharmaceutical sector over the past 10 years. He founded Natural Source Group which has grown into a multi-million-dollar revenue group of companies. He has extensive experience working with Asian markets, having lived and worked in China for the past decade.
The Company has also entered into agreements with the following arms-length parties: BlackX Management GmbH, effective May 1st, 2020, to provide advertising and corporate communications services on behalf of the Company for a term of three months; and Mountain Capital Corp. effective April 30th, 2020, to provide strategic digital media, marketing and data analytics services on behalf of the Company for an undefined term.
The agreement with BlackX Management GmbH provides for a one-time payment of EUR 250,000. The agreement with Mountain Capital Corp. provides for a one-time payment of US$ 100,000.