Lion Copper hires ITG for market-making services
2023-10-16 12:34 ET – News Release
Mr. Stephen Goodman reports
LION COPPER RETAINS MARKET-MAKING SERVICES
Lion Copper and Gold Corp. has retained Independent Trading Group Inc. (ITG), an arm’s-length party, to provide market stabilization and liquidity services in compliance with the policies and guidelines of the TSX Venture Exchange. As consideration for the services, the company has agreed to pay ITG a service fee of $5,000 each month for the first three months and $6,500 each month thereafter during the term of the agreement. ITG will provide the services on a continuing basis unless the agreement is terminated by either party.
Neither ITG or its principals have an interest, direct or indirect, in the securities of the company. There are no performance factors contained in the agreement with ITG and ITG will not receive any common shares or options from the company as compensation for its services. The engagement of ITG is subject to the approval of the TSX Venture Exchange.
About Lion Copper and Gold Corp.
Lion Copper and Gold is a Canadian-based company advancing its flagship copper projects at Yerington, Nev., through an option to earn-in agreement with Rio Tinto.