Valhalla Metals Hires ITG for CAD$7,500-a-Month Market Making Services
Updated
Updated · Newsfile · Jul 29
Valhalla Metals Hires ITG for CAD$7,500-a-Month Market Making Services
2 articles · Updated · Newsfile · Jul 29
Summary
Valhalla Metals said it has engaged Independent Trading Group to provide automated market-making services for its shares, pending TSX Venture Exchange approval.
CAD$7,500 a month will be paid in advance under an initial one-month contract that renews automatically unless either party gives 30 days' notice.
ITG will trade Valhalla shares on the TSXV and other venues to support a reasonable market and improve liquidity, while covering its own trading costs.
No shares or options are included in the compensation, and Valhalla said ITG and its principals currently hold no direct or indirect interest in the company’s securities.