Argyle Resources Announces Appointment of Michael Yeung as Chief Financial Officer
Argyle Resources Corp. (CSE: ARGL, OTC Pink: ARLYF, FSE: ME0) has announced two significant changes: the appointment of Michael Yeung as Chief Financial Officer and the engagement of Independent Trading Group, Inc. (ITG) as a market maker for its shares on the Canadian Securities Exchange (CSE).
Michael Yeung brings over 18 years of experience in public and private markets, with expertise in financial oversight, strategic planning, and risk management. He replaces Christian Grundling in the CFO role. ITG, a leading Canadian broker dealer, will provide liquidity and execution services to enhance the trading experience for Argyle's investors. The contract with ITG is for an initial three-month period, with automatic monthly extensions, at a monthly fee of CDN $5,500.
Argyle Resources Corp. (CSE: ARGL, OTC Pink: ARLYF, FSE: ME0) ha annunciato due cambiamenti significativi: la nomina di Michael Yeung come Chief Financial Officer e l'impegno di Independent Trading Group, Inc. (ITG) come market maker per le sue azioni sulla Canadian Securities Exchange (CSE).
Michael Yeung porta con sé oltre 18 anni di esperienza nei mercati pubblici e privati, con competenze nella supervisione finanziaria, pianificazione strategica e gestione del rischio. Sostituisce Christian Grundling nel ruolo di CFO. ITG, un importante broker canadese, fornirà servizi di liquidità ed esecuzione per migliorare l'esperienza di trading per gli investitori di Argyle. Il contratto con ITG ha una durata iniziale di tre mesi, con estensioni automatiche mensili, a una tariffa mensile di 5.500 dollari canadesi.
Argyle Resources Corp. (CSE: ARGL, OTC Pink: ARLYF, FSE: ME0) ha anunciado dos cambios significativos: el nombramiento de Michael Yeung como Chief Financial Officer y la contratación de Independent Trading Group, Inc. (ITG) como formador de mercado para sus acciones en la Canadian Securities Exchange (CSE).
Michael Yeung cuenta con más de 18 años de experiencia en mercados públicos y privados, con experiencia en supervisión financiera, planificación estratégica y gestión de riesgos. Sustituye a Christian Grundling en el cargo de CFO. ITG, un importante corredor canadiense, proporcionará servicios de liquidez y ejecución para mejorar la experiencia de trading para los inversores de Argyle. El contrato con ITG es por un periodo inicial de tres meses, con extensiones automáticas mensuales, a una tarifa mensual de 5.500 dólares canadienses.
Argyle Resources Corp. (CSE: ARGL, OTC Pink: ARLYF, FSE: ME0)는 두 가지 중요한 변화를 발표했습니다: 마이클 영을 최고 재무 책임자(CFO)로 임명하고 Independent Trading Group, Inc. (ITG)를 캐나다 증권 거래소에서 주식의 시장 조성자로 참여시키는 것입니다.
마이클 영은 금융 감독, 전략 기획 및 위험 관리에 대한 전문성을 갖춘 18년 이상의 공공 및 민간 시장 경험을 가지고 있습니다. 그는 CFO 역할에서 크리스티안 그룬들링을 대체합니다. ITG는 캐나다의 주요 증권 중개업체로, Argyle의 투자자들을 위한 거래 경험을 향상시키기 위해 유동성과 실행 서비스를 제공합니다. ITG와의 계약은 초기 3개월 기간으로, 매월 자동 연장되며, 월 수수료는 5,500 캐나다 달러입니다.
Argyle Resources Corp. (CSE: ARGL, OTC Pink: ARLYF, FSE: ME0) a annoncé deux changements importants : la nomination de Michael Yeung en tant que Directeur financier et l'engagement de Independent Trading Group, Inc. (ITG) en tant que market maker pour ses actions sur la Canadian Securities Exchange (CSE).
Michael Yeung apporte plus de 18 ans d'expérience sur les marchés publics et privés, avec des compétences en supervision financière, planification stratégique et gestion des risques. Il remplace Christian Grundling au poste de CFO. ITG, un important courtier canadien, fournira des services de liquidité et d'exécution pour améliorer l'expérience de trading des investisseurs d'Argyle. Le contrat avec ITG est initialement d'une durée de trois mois, avec des extensions automatiques mensuelles, pour des frais mensuels de 5 500 CAD.
Argyle Resources Corp. (CSE: ARGL, OTC Pink: ARLYF, FSE: ME0) hat zwei bedeutende Änderungen bekannt gegeben: die Ernennung von Michael Yeung zum Chief Financial Officer und die Beauftragung von Independent Trading Group, Inc. (ITG) als Market Maker für seine Aktien an der Canadian Securities Exchange (CSE).
Michael Yeung bringt über 18 Jahre Erfahrung in den öffentlichen und privaten Märkten mit, mit Fachkenntnissen in der finanziellen Aufsicht, strategischen Planung und Risikomanagement. Er ersetzt Christian Grundling in der CFO-Rolle. ITG, ein führendes kanadisches Maklerunternehmen, wird Liquiditäts- und Ausführungsdienste bereitstellen, um die Handelserfahrung für Argyles Investoren zu verbessern. Der Vertrag mit ITG hat eine anfängliche Laufzeit von drei Monaten, mit automatischen monatlichen Verlängerungen, zu einer monatlichen Gebühr von 5.500 CAD.
- Appointment of experienced CFO Michael Yeung with 18 years of market expertise
- Engagement of Independent Trading Group (ITG) as market maker to enhance share liquidity
- Potential for improved trading experience and market efficiency for ARLYF shares
- Monthly cost of CDN $5,500 for market making services
Calgary, Alberta--(Newsfile Corp. - August 19, 2024) - Argyle Resources Corp. (CSE: ARGL) (OTC Pink: ARLYF) (FSE: ME0) ("Argyle" or "the Company") is pleased to announce the appointment of Mr. Michael Yeung as Chief Financial Officer. With over 18 years of experience in public and private debt and equity markets, Mr. Yeung has held executive roles in both public and private companies. His expertise spans across various leadership positions, including CEO, CFO, and member of the board of directors. He has demonstrated proficiency in financial oversight, strategic financial planning, risk management, and investor relations. As CFO, Mr. Yeung effectively managed financial operations, implemented financial controls, and played a pivotal role in driving the financial health and growth of the organizations he served. His strategic insights and financial acumen have been instrumental in optimizing capital allocation, enhancing financial reporting, and ensuring compliance with regulatory requirements, contributing significantly to the overall success of the companies under his leadership.
Mr. Yeung replaces Mr. Christian Grundling. The Company thanks Mr. Grundling for his services and wishes him success in his future endeavors.
The Company is also pleased to announce that it has appointed Independent Trading Group, Inc. (" ITG ") as a market maker for its shares traded on the Canadian Securities Exchange (" CSE ").
ITG is a leading Canadian broker dealer, providing liquidity and execution services to clients around the world. As a market maker for Argyle, ITG will strive to enhance the liquidity of, and contribute to a fair and orderly market for Argyle's shares in accordance with the policies of the CSE by buying and selling Argyle's shares on the CSE as well as other alternative Canadian trading venues.
Jeff Stevens, CEO of Argyle, commented, "ITG brings tremendous experience and commitment to outstanding client service, which we believe will help Argyle deliver the best possible trading experience for our investors. This is an important step forward for the Company and we are eager to work with ITG."
"ITG is excited to be working with Argyle to provide market-making services to their growing shareholder base," said ITG's Managing Director, Jeff Gamble. "Our experienced traders and proven technology will help to provide a liquid and efficient trading environment for Argyle shares."
ITG is a wholly owned subsidiary of DVX Capital Markets. The contract with ITG is for a three month period, with automatic monthly extensions thereafter for a monthly fee of CDN
About Independent Trading Group
Independent Trading Group, Inc. is a Toronto based IIROC dealer-member that specializes in market making, liquidity provision, agency execution, ultra-low latency connectivity, and bespoke algorithmic trading solutions. Established in 1992, with a focus on market structure, execution and trading, ITG has leveraged its own proprietary technology to deliver high quality liquidity provision and execution services to a broad array of public issuers and institutional investors.
ON BEHALF OF THE BOARD OF DIRECTORS
Jeffrey Stevens
President & CEO
About Argyle Resources Corp.
Argyle Resources Corp. is a junior mineral exploration company engaged in the business of acquiring, exploring, staking and evaluating natural resource properties in North America. The Company currently holds an option to acquire up to
For all inquiries: info@argylresourcescorp.com
Forward-Looking Statements
Certain information contained herein constitutes "forward-looking information" under Canadian securities legislation. Forward-looking information includes, but is not limited to, the services offered under the contract and successful enhanced market conditions. Generally, forward-looking information can be identified by the use of forward-looking terminology such as "will", "will be", "intends", "expected" or variations of such words and phrases or statements that certain actions, events or results "will" occur. Forward-looking statements are based on the opinions and estimates of management as of the date such statements are made and are necessarily based upon a number of assumptions and estimates that, while considered reasonable by management of the Company, they are subject to known and unknown risks, uncertainties and other factors that may cause the actual results to be materially different, including receipt of all necessary regulatory approvals. Although management of the Company have attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements or forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements and forward-looking information. The Company will not update any forward-looking statements or forward-looking information that are incorporated by reference herein, except as required by applicable securities laws.
The Canadian Securities Exchange has neither approved nor disapproved the contents of this news release.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/220442
FAQ
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