Troy Minerals Inc. Engages Independent Trading Group As Market Maker
19.10.2022 | vom Unternehmen
VANCOUVER, October 19, 2022 - Troy Minerals Inc. (CSE: TROY) (“Troy” or the “Company”) is pleased to announce that it has engaged Independent Trading Group (“ITG”) to buy and sell securities of the Company for the purpose of “market making” which includes facilitating trading, or liquidity, in those securities. These market making strategies are designed to make a two-sided market in the Company’s traded securities to provide liquidity and stability to the securities. The term of the agreement is three months commencing October 18, 2022 and may be extended by the parties. In consideration for the services provided by ITG, the Company will pay to ITG $4000 per month. There are no performance factors contained in the agreement and ITG will not receive shares or options as compensation. The Company and ITG act at arm’s length. About Independent Trading Group ITG is Canada's only brokerage firm dedicated specifically to professional trading. As Canada's foremost Market Making Firm, ITG provides Market Making and Liquidity Provider services that are objective and focused. With its head office in Toronto, ITG employs real traders and provides real liquidity, with an underlying emphasis on integrity and success.
About Troy Minerals Inc.
Troy Minerals is a mineral exploration company focused on the acquisition, exploration and development of mineral properties. The company currently has the right to acquire 100% interest in the Green Gold Project comprised of twelve (12) mineral claims with an aggregate area of 7,587 hectares located in central British Columbia in the Cariboo Mining Division, approximately 34 kilometers (km) southwest of the city of Prince George. The company also owns the Ticktock Property located within the prolific Golden Triangle region of British Columbia, Canada. The 1065-hectare property, which lies 23km northwest of the historic Eskay Creek Mine, sits between the Enduro Metals Newmont Lake property and the Aben Resources
Forrest-Kerr property.
ON BEHALF OF THE BOARD,
Rana Vig | President and Director
Telephone: 604-218-4766
rana@ranavig.com
Forward-Looking Statements
This press release contains certain forward-looking statements as well as historical information. Readers should not rely on information in this summary for any purpose other than for gaining general knowledge of the Company. Forward-looking statements include, but are not limited to, the commencement of trading of the Company’s common shares on the CSE. The words “expected”, “will” and similar expressions are intended to be among the statements that identify forward-looking statements. Although the Company believes that its expectations as reflected in any forward-looking statements, are reasonable, such statements involve risks and uncertainties and no assurance can be given that actual results will be consistent with these forward-looking statements. Except as required by law, the Company undertakes no obligation to update these forward-looking statements in the event that management’s beliefs, estimates, opinions or other factors should change. The Canadian Securities Exchange has not reviewed this press release and does not accept responsibility for the adequacy or accuracy of this news release.