- Imperial Mining Group (IPG) has engaged the services of Independent Trading Group (ITG) to provide market-making services
- ITG will trade shares of the company on the CSE/NEO/TSXV and all other trading venues
- ITG will receive compensation of $6,500 per month, payable monthly in advance
- The agreement is for an initial term of three months and will renew for additional one-month terms unless terminated
- Imperial is a Canadian mineral exploration and development company
- At 2:27 PM ET, the share price of Imperial Mining Group remained unchanged at $0.125
Imperial Mining Group (IPG) has engaged the services of Independent Trading Group (ITG) to provide market-making services.
This arrangement is subject to regulatory approval.
ITG will trade shares of the company on the CSE/NEO/TSXV and all other trading venues with the objective of maintaining a reasonable market and improving the liquidity of the company’s common shares.
Under the agreement, ITG will receive compensation of $6,500 per month, payable monthly in advance.
The agreement is for an initial term of three months and is renewable for additional one-month terms unless terminated by either party with 30 days’ notice.
There are no performance factors contained in the agreement and ITG will not receive shares or options as compensation.
ITG and the company are unrelated and unaffiliated entities, and at the time of the agreement, neither ITG nor its principals have an interest, directly or indirectly, in the securities of the company.
Imperial is a Canadian mineral exploration and development company focused on the advancement of its technology metals projects in Québec.
ITG is Canada’s only brokerage firm dedicated specifically to professional trading.
At 2:27 PM ET, the share price of Imperial Mining Group (IPG) remained unchanged at $0.125.