Business
Green Battery Minerals Engages Generation IACP Inc. for Market Making Services
(TheNewswire) Vancouver, BC - TheNewswire - March 1, 2023 - Green Battery Miner...
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[{"type":"text","content":"Green Battery Minerals Engages Generation IACP Inc. for Market Making Services\n \n \n (TheNewswire)\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n Vancouver, BC -\n \n \n TheNewswire -\n \n \n March 1, 2023 -\n \n \n Green Battery Minerals I\n \n \n nc\n \n \n .\n \n \n (\n \n \n the\n“\n \n \n Company\n \n \n ”\n \n \n )\n(TSXV:GEM\n \n \n )\n \n \n (\n \n \n FSE:BK2P\n \n \n )\n \n \n (\n \n \n WKN:A2QENP\n \n \n )\n \n \n (\n \n \n OTC:GBMIF)\n \n has engaged the services of Generation IACP Inc.\n(“ Generation ”) to provide services as a market maker in\ncompliance with the policies and guidelines of the TSX Venture\nExchange and other applicable legislation.  Generation will receive a\nfee of C$7,500 plus applicable taxes per month.  The agreement\nbetween the Company and Generation is for an initial term of six (6)\nmonths and shall be automatically renewed for subsequent six (6) month\nperiods unless the Company provides written notice of termination to\nGeneration.  Commencing on the first anniversary of the agreement,\nthe fee payable to Generation will automatically increase annually by\n3.0%. No stock options or other compensation are being granted in\nconnection with the engagement.  Generation does not currently own\nany securities of the Company; however, Generation and its clients may\nacquire an interest in the securities of the Company in the future.\n \n \n Generation is an arm’s length party to the Company. \n Generation’s market making activity will be primarily to correct\ntemporary imbalances in the supply and demand of the Company’s\nshares. Generation will be responsible for the costs it incurs in\nbuying and selling the Company’s shares, and no third party will be\nproviding funds or securities for the market making activities.\n Terms of this agreement are subject to the approval of the TSX.\n \n \n \n About Generation IACP Inc.\n \n \n \n Generation is based in Toronto, Ontario, and is an independently held\nand registered broker and member of the Investment Industry Regulatory\nOrganization of Canada, the TSX-V, the Canadian Securities Exchange,\nand the NEO Exchange, and is a Participating Organization, as such\nterm is defined i...