on Goldgroup Mining, Inc. (CVE:GGA)
Goldgroup Mining Engages VLP for Market-Making Services
Goldgroup Mining Inc. has announced its decision to retain Venture Liquidity Providers Inc. (VLP) to commence market-making services for its common shares, pending regulatory approval. The initiative aims to improve trading stability for Goldgroup's shares on the market.
VLP will operate through a registered broker, W.D. Latimer Co. Ltd., adhering to the TSX Venture Exchange's regulations. Goldgroup has committed to a monthly payment of $5,000 for VLP's services over an initial period of three months, with automatic monthly renewals thereafter. Either party retains the option to terminate the agreement at any time.
VLP, based in Toronto, specializes in consulting services for TSX-V-listed companies. They hold no current interest in Goldgroup, and their fees are dedicated solely to providing market services.
R. H.
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