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Coelacanth Energy Inc. Engages ICP Securities Inc. for Automated Market Making Services
Calgary, Alberta--(Newsfile Corp. - October 29, 2025) - Coelacanth Energy Inc. (TSXV: CEI) (" C...
About this update from Coelacanth Energy, Inc.
[{"type":"text","content":"Coelacanth Energy Inc. Engages ICP Securities Inc. for Automated Market Making ServicesCalgary, Alberta--(Newsfile Corp. - October 29, 2025) - Coelacanth Energy Inc. (TSXV: CEI) (\"Coelacanth\" or the \"Company\") is pleased to announce that it has engaged the services of ICP Securities Inc. (\"ICP\") to provide automated market making services, including use of its proprietary algorithm, ICP Premium™, in compliance with the policies and guidelines of the TSX Venture Exchange and other applicable legislation. ICP will be paid a monthly fee of C$7,500, plus applicable taxes. The agreement between the Company and ICP (the \"Agreement\") was signed with a start date of October 31th, 2025, and is for four (4) months (the \"Initial Term\") and shall be automatically renewed for subsequent one (1) month terms (each month called an \"Additional Term\") unless either party provides at least thirty (30) days written notice prior to the end of the Initial Term or an Additional Term, as applicable. There are no performance factors contained in the agreement and no stock options, Company securities or other compensation in connection with the engagement. ICP and the Company are arm's length, unrelated and unaffiliated entities and, at the time of the Agreement, neither ICP nor its principals have an interest, directly or indirectly, in the securities of the Company. ICP and its clients may acquire an interest in the securities of the Company in the future, subject to compliance with the policies and guidelines of the TSX Venture Exchange. About ICP Securities Inc.ICP Securities Inc. is a Toronto based CIRO dealer-member that specializes in automated market making and liquidity provision, as well as having a proprietary market making algorithm, ICP Premium™, that enhances liquidity and quote health. Established in 2023, with a focus on market structure, execution, and trading, ICP has leveraged its own proprietary technology to deliver high quality liquidity provision and execution services to a broad array of public issuers and institutional investors. ICP's head office is located at 204 - 251 Queens Quay East, Toronto, Ontario M5A 0X3.Forward-Looking InformationThis news release contains forward-looking statements and forward-looking information within the meaning of applicable securities laws. The use of any of the words \"e...