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Comprehensive Healthcare Systems Engages ITG Securities for Market Making Services
Comprehensive Healthcare Systems Engages ITG Securities for Market Making Services ...
About this update from Comprehensive Healthcare Systems Inc
[{"type":"text","content":"\n \n \n \n Comprehensive Healthcare Systems Engages ITG Securities for Market Making Services\n \n \n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n \n CALGARY, AB\n \n ,\n \n Dec. 2, 2021\n \n /CNW/ - Comprehensive Healthcare Systems Inc. (TSXV: CHS) (the \"\n \n Company\n \n \" or \"\n \n CHS\n \n \") announces that subject to the approval of the TSX Venture Exchange (the \"\n \n TSX-V\n \n \"), it has engaged the services of Independent Trading Group (ITG), Inc., (\"\n \n ITG\n \n \") to provide services as a market maker in accordance with the policies of the TSX-V. ITG will trade common shares in the capital of CHS (the \"\n \n CHS Shares\n \n \") on the TSX-V with the primary objective of maintaining an orderly market and to provide liquidity of CHS Shares. CHS's market making activity will seek to correct temporary imbalances in the supply and demand of the CHS Shares.\n \n \n Pursuant to the Services Agreement entered into between CHS and ITG (the \"\n \n Agreement\n \n \"), CHS shall pay ITG a fee of C$5,000, per month. The Agreement between the Company and ITG is for an initial term of 3 months and shall be automatically renewed for subsequent one-month periods (collectively, the \"\n \n Term\n \n \"), unless the Company provides written notice of termination to ITG at least 30 days prior to the end of the Term or ITG provides a written notice of termination to the Company. There are no performance factors contained in the Agreement. Additionally, ITG will not receive CHS Shares, options, or any other form of equity-based compensation as payment. ITG will be responsible for the costs it incurs in buying and selling the CHS Shares, and no third party will be providing funds or securities for the market making activities.\n \n \n ITG is an arm's length party to the Company. Neither ITG nor its affiliates or associates have any interest directly or indirectly in the Company or its securities, or any right or intent to acquire such an interest.\n \n \n \n About ITG\n \n \n \n Independent Trading Group (ITG) is\n \n...