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Traction Uranium Corp. (CSE: TRAC) (OTC: TRCTF) (FRA: Z1K) has appointed Independent Trading Group, Inc. (ITG) as a market maker for its common shares traded on the Canadian Securities Exchange (CSE). The appointment is set for an initial one-month term and will automatically renew for additional one-month periods unless either party terminates the agreement.
The agreement can be terminated by either Traction or ITG with 30 days’ notice. It includes no performance factors, and ITG will not receive shares or options as compensation. ITG and Traction are unrelated and unaffiliated entities, and at the time of the agreement, neither ITG nor its principals have an interest—directly or indirectly—in Traction’s securities.
As Traction’s market maker, ITG will aim to maintain a fair and efficient market for the company’s common shares in accordance with CSE policies. The services include buying and selling Traction’s shares on the CSE and other alternative Canadian trading venues.
In exchange for these services, ITG will receive a monthly fee of C$5,000 from Traction.
Traction Uranium Corp. is engaged in mineral exploration and the development of discovery prospects in Canada, including its uranium project in the Athabasca Region.
Independent Trading Group (ITG) Inc. is a Toronto-based CIRO dealer-member specializing in market making, liquidity provision, agency execution, ultra-low latency connectivity, and bespoke algorithmic trading solutions. Established in 1992, ITG focuses on market structure, execution, and trading, and has developed proprietary technology to provide liquidity provision and execution services to public issuers and institutional investors.
The Canadian Securities Exchange (CSE) has not reviewed, approved, or disapproved the contents of the press release.
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