on Revolve Renewable Power Corp. (isin : CA76157B1067)
Revolve Renewable Power Engages ICP for Market Making Services
Revolve Renewable Power Corp. (TSXV:REVV)(OTCQB:REVVF) announced its partnership with ICP Securities Inc. to provide automated market making services. This collaboration, effective from April 8, 2024, aims to enhance the liquidity and trading health of Revolve's shares on the TSX Venture Exchange and is in alignment with all regulatory guidelines. ICP will employ its proprietary algorithm, ICP Premium™, for this purpose and will receive a monthly fee of C$7,500.
The initial contract between Revolve, a North American renewable energy project developer, and ICP, a Toronto-based market maker, spans three months with potential monthly extensions. ICP will handle the expenses incurred in this process without additional funding or securities from external sources. The objective is to correct any short-term supply and demand imbalances in Revolve's stock.
Additionally, Revolve announced the appointment of Ray Lagace to its Investor Relations team, bringing over 15 years of experience to aid in investor communications. This move coincides with Revolve's strategic push to develop and expand its renewable energy project portfolio across North America.
R. H.Copyright © 2024 FinanzWire, all reproduction and representation rights reserved. Disclaimer: although drawn from the best sources, the information and analyzes disseminated by FinanzWire are provided for informational purposes only and in no way constitute an incentive to take a position on the financial markets.
Click here to consult the press release on which this article is based
See all Revolve Renewable Power Corp. news