Attached files

file filename
EX-32.2 - Algae Dynamics Corp.ex32-2.htm
EX-32.1 - Algae Dynamics Corp.ex32-1.htm
EX-31.2 - Algae Dynamics Corp.ex31-2.htm
EX-31.1 - Algae Dynamics Corp.ex31-1.htm
EX-12.3 - Algae Dynamics Corp.ex12-3.htm
EX-10.4 - Algae Dynamics Corp.ex10-4.htm
10-K - Algae Dynamics Corp.form10-k.htm

 

Exhibit 12.2

 

Apollo Marketing LLC

305 South Mulberry St.

Cherryville, NC 28021

 

January 22, 2018

 

PERSONAL AND CONFIDENTIAL

 

Algae Dynamics Corp.

4120 Ridgeway Drive Unit 37

Mississauga, ON L5L 5S9

Canada

 

Attn: Paul Ramsay and Richard Rusiniak

 

Dear Paul and Richard:

 

The purpose of this letter is to confirm our mutual understanding regarding the services which have been provided by Apollo Marketing pursuant to the advisory agreement dated as of March 11, 2014, originally between Algae Dynamics Corp. and assigned to Apollo Marketing, as amended (the “Advisory Agreement”). The parties hereby agree to extend the Advisory Agreement to December 31, 2018.

 

In consideration for the extension of the Advisory Agreement, the Company hereby agrees to vest immediately upon execution hereof all otherwise unvested warrants and to extend the expiry date of the remaining Warrants to December 31, 2018.

 

Except as modified hereby, the Advisory Agreement shall remain in full force and effect.

 

Very truly yours,  
   
P. Blair Mullin  
Managing  
Member  
   
Agreed and Accepted:  

 

Algae Dynamics Corp.  
     
By:    
  Richard Rusiniak  
  Chief Executive Officer