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Premier American Uranium Engages ICP Securities Inc. for Automated Market Making Services
PINCPremier(PINC) GlobeNewswire News Room·2025-03-03 21:30

Core Viewpoint - Premier American Uranium Inc. has engaged ICP Securities Inc. for automated market making services to enhance liquidity and manage share supply and demand [1][2]. Group 1: Company Overview - Premier American Uranium Inc. focuses on the consolidation, exploration, and development of uranium projects in the U.S., aiming to strengthen domestic energy security and support the transition to clean energy [4]. - The company holds extensive land in three key uranium-producing regions: the Grants Mineral Belt of New Mexico, the Great Divide Basin of Wyoming, and the Uravan Mineral Belt of Colorado [4]. - Premier American Uranium is backed by strong partnerships with institutional investors, including Sachem Cove Partners, IsoEnergy Ltd., and Mega Uranium Ltd. [5]. Group 2: Market Making Agreement - The agreement with ICP Securities Inc. is for an initial term of four months, starting March 1, 2025, with a monthly fee of C$7,500 plus applicable taxes [1]. - The market making activities will focus on correcting temporary imbalances in the supply and demand of the company's shares, with ICP responsible for its own costs [2]. - There are no performance factors or stock options included in the agreement, and ICP may acquire an interest in the company's securities in the future [1][2]. Group 3: ICP Securities Inc. Profile - ICP Securities Inc. is a Toronto-based CIRO dealer-member specializing in automated market making and liquidity provision, utilizing its proprietary algorithm, ICP Premium™ [3]. - Established in 2023, ICP focuses on enhancing market structure, execution, and trading to provide high-quality liquidity and execution services [3].