Pasofino Gold Engages Independent Trading Group to Provide Market Making Services

Core Viewpoint - Pasofino Gold Limited has engaged Independent Trading Group (ITG) to provide market making services to enhance liquidity and trading quality of its common shares on the TSX Venture Exchange [1][2]. Group 1: Engagement Details - The market making services agreement with ITG became effective on May 14, 2025, and is subject to TSX Venture Exchange approval [3]. - ITG will receive a monthly compensation of C$5,000, with the Company having paid an aggregate of C$17,857.14 to date [3]. - The agreement is for an initial term of one month and will automatically renew for additional one-month terms until terminated by either party with 30 days' notice [3]. Group 2: ITG Profile - Independent Trading Group (ITG) is a Toronto-based CIRO dealer-member specializing in market making, liquidity provision, and algorithmic trading solutions [5]. - Established in 1992, ITG focuses on market structure and execution, leveraging proprietary technology to provide high-quality liquidity and execution services [5]. Group 3: Company Context - Pasofino Gold Limited is a Canadian mineral exploration company listed on the TSX Venture Exchange [6]. - The Company owns 100% of the Dugbe Gold Project, subject to a 10% carried interest by the Government of Liberia [7]. - The CEO of Pasofino highlighted the importance of ITG's services in managing liquidity and share price momentum, especially given the thin trading of Pasofino stock [6].