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NexGold Engages ICP Securities Inc. for Automated Market Making Services
Globenewswire·2025-08-28 22:00

Core Viewpoint - NexGold Mining Corp. has engaged ICP Securities Inc. for automated market making services to enhance liquidity and manage share supply and demand [1][2]. Group 1: Engagement Details - The agreement with ICP is for an initial term of four months starting August 28, 2025, with a monthly fee of $7,500 plus applicable taxes [1]. - The contract will automatically renew for additional one-month terms unless either party provides a 30-day written notice [1]. - There are no performance factors or stock options associated with this agreement [1]. Group 2: ICP Securities Inc. - ICP is an independent entity that specializes in automated market making and liquidity provision, utilizing its proprietary algorithm, ICP Premium™ [2][3]. - The firm is responsible for its own costs related to buying and selling NexGold's shares, with no external funding involved [2]. Group 3: NexGold Mining Corp. Overview - NexGold is focused on gold mining with assets in Canada and Alaska, including the Goliath Gold Complex and the Goldboro Gold Project [4]. - The company also holds interests in several other projects across Canada, including the Niblack copper-gold-zinc-silver VMS project [4]. - NexGold emphasizes sustainable practices and community engagement throughout its project lifecycle [4].