Giga Metals Engages Market Maker
06 Diciembre 2023 - 3:44PM
Mark Jarvis, CEO of Giga Metals Corp. (TSX.V: GIGA, OTCQX: GIGGF)
announced today that Giga has engaged Independent Trading Group as
Market Maker, subject to regulatory approval. ITG will provide
market-making services in accordance with TSX Venture Exchange
TSXV, CSE, NEO policies. ITG will trade shares of the Company on
the CSE/ NEO/ 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 $5,500 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 CIRO 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.
About Giga Metals
Corporation
Giga Metals Corporation’s core asset is the
Turnagain Project, located in northern British Columbia, which
contains one of the few significant undeveloped sulphide nickel and
cobalt resources in the world. Turnagain is held in Hard Creek
Nickel, a subsidiary owned 85% by Giga Metals Corporation and 15%
by Mitsubishi Corporation. The Pre-Feasibility Study was released
in October 2023.
On behalf of the Board of Directors of Giga
Metals Corporation
“Mark Jarvis” MARK JARVIS,
CEO
Contact InformationOffice Phone:
+1 (604) 681-2300Investor Inquiries: info@gigametals.comCompany
Website: www.gigametals.com
Neither TSX Venture Exchange nor its Regulation
Services Provider (as that term is defined in policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
Suite 203 – 700 West Pender St., Vancouver, BC,
Canada V6C 1G8
Giga Metals (TSXV:GIGA)
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