Blackrock Silver Engages ICP Securities for Automated Market Making Services
Blackrock Silver Corp (TSXV: BRC) (OTCQX: BKRRF) has engaged ICP Securities Inc to provide automated market making services. The agreement includes the use of ICP's proprietary algorithm, ICP Premium™, for enhancing liquidity and quote health.
The initial agreement terms include:
- Duration: 4-month initial term with automatic 1-month renewals
- Monthly fee: C$7,500 plus applicable taxes
- 30-day notice required for termination after initial term
ICP Securities, established in 2023, is a Toronto-based Canadian Investment Regulatory Organization dealer-member specializing in automated market making and liquidity provision. While ICP currently holds no interest in Blackrock's securities, they may acquire positions in the future. The service aims to correct temporary imbalances in supply and demand of Blackrock's common shares.
Blackrock Silver Corp (TSXV: BRC) (OTCQX: BKRRF) ha incaricato ICP Securities Inc di fornire servizi di market making automatizzato. L'accordo prevede l'utilizzo dell'algoritmo proprietario di ICP, ICP Premium™, per migliorare la liquidità e la salute delle quotazioni.
I termini iniziali dell'accordo includono:
- Durata: termine iniziale di 4 mesi con rinnovi automatici di 1 mese
- Compenso mensile: C$7.500 più tasse applicabili
- È richiesto un preavviso di 30 giorni per la cessazione dopo il termine iniziale
ICP Securities, fondata nel 2023, è un membro dell'Organizzazione di Regolamentazione degli Investimenti Canadese con sede a Toronto, specializzata in market making automatizzato e fornitura di liquidità. Sebbene ICP attualmente non detenga interessi nei titoli di Blackrock, potrebbe acquisire posizioni in futuro. Il servizio mira a correggere squilibri temporanei nella domanda e offerta delle azioni ordinarie di Blackrock.
Blackrock Silver Corp (TSXV: BRC) (OTCQX: BKRRF) ha contratado a ICP Securities Inc para proporcionar servicios de creación de mercado automatizada. El acuerdo incluye el uso del algoritmo propietario de ICP, ICP Premium™, para mejorar la liquidez y la salud de las cotizaciones.
Los términos iniciales del acuerdo incluyen:
- Duración: plazo inicial de 4 meses con renovaciones automáticas de 1 mes
- Cuota mensual: C$7,500 más impuestos aplicables
- Se requiere un aviso de 30 días para la terminación después del plazo inicial
ICP Securities, establecida en 2023, es un miembro de la Organización Reguladora de Inversiones de Canadá con sede en Toronto, especializada en creación de mercado automatizada y provisión de liquidez. Aunque ICP actualmente no tiene intereses en los valores de Blackrock, podría adquirir posiciones en el futuro. El servicio tiene como objetivo corregir desequilibrios temporales en la oferta y la demanda de las acciones ordinarias de Blackrock.
블랙록 실버 코퍼레이션 (TSXV: BRC) (OTCQX: BKRRF)은 ICP 증권 주식회사에 자동 시장 조성 서비스 제공을 의뢰했습니다. 이 계약에는 유동성과 견적 건강을 향상시키기 위한 ICP의 독점 알고리즘인 ICP 프리미엄™의 사용이 포함됩니다.
초기 계약 조건은 다음과 같습니다:
- 기간: 4개월 초기 기간, 자동 1개월 갱신
- 월 수수료: C$7,500 및 관련 세금
- 초기 기간 후 해지를 위한 30일 통지 필요
2023년에 설립된 ICP 증권은 토론토에 본사를 둔 캐나다 투자 규제 기관의 회원으로, 자동 시장 조성과 유동성 제공을 전문으로 하고 있습니다. 현재 ICP는 블랙록의 증권에 대한 이해관계를 보유하고 있지 않지만, 향후 포지션을 취할 수 있습니다. 이 서비스는 블랙록의 보통주에 대한 수요와 공급의 일시적인 불균형을 교정하는 것을 목표로 합니다.
Blackrock Silver Corp (TSXV: BRC) (OTCQX: BKRRF) a engagé ICP Securities Inc pour fournir des services de création de marché automatisée. L'accord inclut l'utilisation de l'algorithme propriétaire d'ICP, ICP Premium™, pour améliorer la liquidité et la santé des cotations.
Les termes initiaux de l'accord comprennent:
- Durée: période initiale de 4 mois avec renouvellements automatiques de 1 mois
- Frais mensuels: 7 500 C$ plus taxes applicables
- Un préavis de 30 jours est requis pour la résiliation après la période initiale
ICP Securities, fondée en 2023, est un membre de l'Organisation de Régulation des Investissements du Canada basée à Toronto, spécialisée dans la création de marché automatisée et la fourniture de liquidités. Bien qu'ICP ne détienne actuellement aucun intérêt dans les titres de Blackrock, elle pourrait acquérir des positions à l'avenir. Le service vise à corriger les déséquilibres temporaires entre l'offre et la demande des actions ordinaires de Blackrock.
Blackrock Silver Corp (TSXV: BRC) (OTCQX: BKRRF) hat ICP Securities Inc beauftragt, automatisierte Marktpflege-Dienste bereitzustellen. Die Vereinbarung umfasst die Nutzung des proprietären Algorithmus von ICP, ICP Premium™, zur Verbesserung der Liquidität und der Angebotsgesundheit.
Die anfänglichen Vertragsbedingungen umfassen:
- Dauer: 4-monatige Anfangsfrist mit automatischen 1-monatigen Verlängerungen
- Monatliche Gebühr: C$7.500 zuzüglich anfallender Steuern
- 30-tägige Kündigungsfrist nach der Anfangsfrist erforderlich
ICP Securities, gegründet im Jahr 2023, ist ein Mitglied der kanadischen Investmentregulierungsorganisation mit Sitz in Toronto, das sich auf automatisierte Marktpflege und Liquiditätsbereitstellung spezialisiert hat. Obwohl ICP derzeit kein Interesse an den Wertpapieren von Blackrock hat, könnte es in Zukunft Positionen erwerben. Der Service zielt darauf ab, vorübergehende Ungleichgewichte im Angebot und der Nachfrage nach den Stammaktien von Blackrock zu korrigieren.
- Enhanced market liquidity through automated market making
- Professional liquidity management without equity-based compensation
- Additional monthly expense of C$7,500 plus taxes
- Potential future share purchases by market maker may affect price
Vancouver, British Columbia--(Newsfile Corp. - March 7, 2025) - Blackrock Silver Corp. (TSXV: BRC) (OTCQX: BKRRF) (FSE: AHZ0) ("Blackrock" or the "Company") is pleased to announce that it has engaged the services of ICP Securities Inc. ("ICP") to provide automated market making services, including use of its proprietary algorithm, ICP Premium™, in compliance with the policies and guidelines of the TSX Venture Exchange and other applicable securities legislation.
Pursuant to the market-making agreement entered into between the Company and ICP (the "Agreement"), ICP will receive a fee of C
ICP does not have any interest, directly or indirectly, in the Company or its securities or any right or intent to acquire such an interest at this time, however ICP and its clients may acquire an interest in the securities of the Company in the future. There are no performance factors contained under the terms of the Agreement and no equity incentive compensation or other compensation, other than the Service Fee, is being granted by the Company to ICP in connection with the Agreement.
ICP is an arm's length party to the Company. ICP's market making activity services provided to the Company pursuant to the terms of the Agreement will be primarily to correct temporary imbalances in the supply and demand of the Company's common shares ("Common Shares"). ICP will be responsible for the costs it incurs in buying and selling the Company's Common Shares, and no third party will be providing funds or securities for the market making activities provided by ICP.
ICP Securities Inc.
ICP Securities Inc. is a Toronto based Canadian Investment Regulatory Organization dealer-member that specializes in automated market making and liquidity provision, as well as having a proprietary market making algorithm, ICP Premium™, that enhances liquidity and quote health. Established in 2023, with a focus on market structure, execution, and trading, ICP 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.
About Blackrock Silver Corp.
Backed by gold and silver ounces in the ground, Blackrock is a junior precious metal focused exploration and development company driven to add shareholder value. Anchored by a seasoned Board of Directors, the Company is focused on its
Additional information on Blackrock can be found on its website at www.blackrocksilver.com and by reviewing its profile on SEDAR+ at www.sedarplus.ca.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
For Further Information, Contact:
Andrew Pollard
President and Chief Executive Officer
(604) 817-6044
info@blackrocksilver.com
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/243628