Business
Prosper Gold Engages Independent Trading Group as its Market Maker
VANCOUVER, British Columbia, Dec. 04, 2023 (GLOBE NEWSWIRE) -- Prosper Gold Corp. ("Prosper" or the "Company") (TSXV:PGX) is pleased to announce that, subject t
About this update from Prosper Gold Corp.
[{"type":"text","content":" VANCOUVER, British Columbia, Dec. 04, 2023 (GLOBE NEWSWIRE) -- Prosper Gold Corp. (\"Prosper\" or the \"Company\") (TSXV:PGX) is pleased to announce that, subject to regulatory approval, it has engaged the services of Independent Trading Group (\"ITG\") to provide market-making services in accordance with TSX Venture Exchange TSXV policies. ITG will trade shares of the Company on the TSXV and all other trading venues with the objective of maintaining a reasonable market and improving the liquidity of the Company's common shares. Under the agreement, ITG will receive compensation of CAD$5000.00 per month, payable monthly in advance. The agreement is for an initial term of three months and will renew for additional one-month terms unless terminated. The agreement may be terminated by either party with 30 days' notice. There are no performance factors contained in the agreement and ITG will not receive shares or options as compensation. ITG and the Company are unrelated and unaffiliated entities and at the time of the agreement, neither ITG nor its principals have an interest, directly or indirectly, in the securities of the Company. About Independent Trading Group Independent Trading Group (ITG) Inc. is a Toronto based IIROC dealer-member that specializes in market making, liquidity provision, agency execution, ultra-low latency connectivity, and bespoke algorithmic trading solutions. Established in 1992, with a focus on market structure, execution and trading, ITG 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. For a detailed overview of Prosper please visit www.ProsperGoldCorp.com ON BEHALF OF THE BOARD OF DIRECTORS Per: “Peter Bernier”Peter BernierPresident & CEO For further information, please contact: Peter BernierPresident & CEOProsper Gold Corp.Cell: (250) 316-6644Email: [email protected] Unless otherwise specified, all dollar amounts used herein refer to the law currency of Canada. Certain information in this news release constitutes forward-looking statements under applicable securities law. Any statements that are contained in this news release that are not statements of historical fact may be deemed to be forward-looking statements. Forward-looking statements are often identifie...