Benjamin Hill Engages Independent Trading Group for Market Maker Services

Rhea-AI Summary

Benjamin Hill Mining Corp. (BNNHF) has entered into a market making services agreement with Independent Trading Group Inc. The agreement aims to enhance liquidity by trading shares on various platforms. ITG will receive $7,000 CAD monthly for its services.

Vancouver, British Columbia--(Newsfile Corp. - February 21, 2024) - Benjamin Hill Mining Corp. (CSE: BNN) (OTCQB: BNNHF) (FSE: 5YZ0) ("BNN" or the "Company") is pleased to announce that the Company has entered into a market making services agreement (the "Agreement") with Independent Trading Group Inc. ("ITG") whereby ITG will trade shares of the Company on the CSE and all other trading venues with the objective of maintaining a reasonable market and improving the liquidity of the Company's common shares.

The agreement is for an initial term of one month and will renew for additional one-month terms unless terminated. The agreement may be terminated by either party with 30 days' notice. Under the agreement, ITG will receive compensation of $7,000 CAD per month. There are no performance factors contained in the agreement and ITG will not receive shares or options as compensation. ITG and the Company are unrelated and unaffiliated entities and at the time of the agreement, neither ITG nor its principals have an interest, directly or indirectly, in the securities of the Company.

About Independent Trading Group
Independent Trading Group (ITG) Inc. is a Toronto based IIROC dealer-member that specializes in market making, liquidity provision, agency execution, ultra-low latency connectivity, and 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.

About Benjamin Hill Mining Corp.
Benjamin Hill Mining Corp. is a Canadian-listed junior exploration company focused on exploring and advancing the Alotta project, a prospective porphyry copper-gold-molybdenum project located 50 km south of the Casino porphyry deposit in the unglaciated portion of the Dawson Range porphyry/epithermal belt in the Yukon Territory of Canada.

In addition, the Company holds a 20% interest in Aion Mining Corp., a company that is developing the fully permitted La Estrella coal project in Santander, Colombia. The project contains eight known seams of metallurgical and thermal coal.

On behalf of the Board of Directors
"Cole McClay", CEO Benjamin Hill Mining Corp.
info@benjaminhillmining.com

Forward-Looking Statements
Certain of the statements made and information contained herein may contain forward-looking information within the meaning of applicable Canadian securities laws. Forward-Looking information includes, but is not limited to, information concerning the Company's intentions with respect to the development of its mineral properties. Forward-Looking information is based on the views, opinions, intentions and estimates of management at the date the information is made, and is based on a number of assumptions and subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those anticipated or projected in the forward-looking information (including the actions of other parties who have agreed to do certain things and the approval of certain regulatory bodies). Many of these assumptions are based on factors and events that are not within the control of the Company and there is no assurance they will prove to be correct. There can be no assurance that forward-looking information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information. The Company undertakes no obligation to update forward-looking information if circumstances or management's estimates or opinions should change except as required by applicable securities laws, or to comment on analyses, expectations or statements made by third parties in respect of the Company, its financial or operating results or its securities. The reader is cautioned not to place undue reliance on forward-looking information. We seek safe harbor.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/198695

FAQ

What is the ticker symbol for Benjamin Hill Mining Corp.?

The ticker symbol for Benjamin Hill Mining Corp. is BNNHF.

What type of agreement did Benjamin Hill Mining Corp. enter into?

Benjamin Hill Mining Corp. entered into a market making services agreement with Independent Trading Group Inc.

How will Independent Trading Group Inc. improve liquidity for Benjamin Hill Mining Corp.?

ITG will trade shares of Benjamin Hill Mining Corp. on various trading venues to enhance liquidity.

What is the compensation for Independent Trading Group Inc. under the agreement?

ITG will receive $7,000 CAD per month for its services under the agreement.

Can the agreement be terminated?

Yes, the agreement may be terminated by either party with 30 days' notice.