Gold’n Futures Engages Independent Trading Group as Market Maker

Rhea-AI Summary

Gold’n Futures Mineral Corp. (CSE: FUTR, OTC: GFTRF) has engaged Independent Trading Group (ITG) for market-making services to enhance liquidity on the Canadian Securities Exchange. The agreement commences for three months at a monthly fee of C$6,000, renewable unless terminated with a 30-day notice. ITG, an independent broker-dealer, has no prior interest in the Company's securities. Gold’n Futures is focused on its Hercules gold project in Ontario, encompassing 393 claim cells with extensive historical drilling and sampling data.

Positive

• Engagement of ITG aims to improve liquidity and trading market for GFTRF shares.
• The Hercules project covers a significant 8,740 hectares with robust historical exploration data.

Negative

• No performance factors included in ITG agreement.
• Market-making may not guarantee improved share performance or liquidity.

VANCOUVER, British Columbia, May 05, 2021 (GLOBE NEWSWIRE) -- GOLD’N FUTURES MINERAL CORP. (CSE: FUTR) (FSE: G6M), (OTC: GFTRF) (the "Company” or “Gold’n Futures”) announces it has engaged the services of Independent Trading Group ("ITG") to provide market-making services. ITG will trade shares of the Company on the Canadian Securities Exchange with the goal of maintaining a reasonable trading market and improving the liquidity of the Company's common shares.

Under the agreement, ITG will receive compensation of C$6,000 per month, payable monthly in advance. The agreement is for an initial term of three months, ending on July 31, 2021 and will renew for additional one month terms unless terminated. The agreement may be terminated by either party with 30 days' notice. 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

ITG is an independent, privately-held broker-dealer based in Toronto, Canada. It provides a wide range of financial and investment services, and is registered with the Canadian Securities Exchange, NEO, Toronto Stock Exchange and TSX-Venture Exchange along with the Investment Industry Regulatory Organization of Canada (IIROC).

About Gold’n Futures Mineral Corp.

Gold’n Futures Mineral Corp. (CSE: FUTR) (FSE: G6M) (OTC: GFTRF) is a Canadian based exploration company focused on advancing its Hercules gold project located in the Hercules-Elmhurst property. The Hercules Project is located 120 kilometres northeast of Thunder Bay, Ont., in the townships of Elmhurst and Rickaby, within the Thunder Bay North Mining District in the heart of the Beardmore – Geraldton gold mining camp. The property lies within an Archean greenstone belt that extends from the Longlac area in the east to Lake Nipigon in the west, a distance of about 130 kilometres. The property consists of 393 contiguous claim cells (8,740 hectares). To date, the work completed on the property forms an extensive database including reconnaissance grab samples; channel samples; a variety of geophysical surveys; and, a drill hole database that includes historical drilling totalling in the order of 537 holes. More than a total of 2,000 grab and channel samples were collected from the property. In the last two field seasons, more than 150,000 square metres of trenches were developed much of which have been fully reclaimed. For more information, please visit our website at: www.goldnfuturesmineralcorp.com

Qualified Person

The scientific and technical content of this press release has been prepared, reviewed and approved by Mr. Walter Hanych, P. Geo., who is a Qualified Person under NI 43-101 regulations and is a director of the Company.

On behalf of the Board of Directors
For further information

Stephen Wilkinson,
President and CEO,

Email: contact@goldnfutures.com

The Canadian Securities Exchange accepts no responsibility for the adequacy or accuracy of this release.

This news release may contain forward-looking statements based on assumptions and judgments of management regarding future events or results. Such statements are subject to a variety of risks and uncertainties which could cause actual events or results to differ materially from those reflected in the forward-looking statements. There is no assurance the private placement, property option, change of board or reinstatement of trading referred to above will close on the terms as stated, or at all. The Company disclaims any intention or obligation to revise or update such statements.

FAQ

What is the purpose of Gold’n Futures’ agreement with ITG?

The agreement with ITG aims to enhance the liquidity and maintain a reasonable trading market for Gold’n Futures shares.

How much is Gold’n Futures paying ITG for market-making services?

Gold’n Futures will pay ITG C$6,000 per month for their market-making services.

What does the Hercules project entail for Gold’n Futures?

The Hercules project includes 393 claim cells over 8,740 hectares, featuring extensive historical drilling and sampling.

How long is the contract with ITG for market-making services?

The contract with ITG is for an initial term of three months, ending on July 31, 2021, and can be renewed monthly thereafter.

What regulatory body oversees ITG's operations?

ITG is registered with the Canadian Securities Exchange and the Investment Industry Regulatory Organization of Canada (IIROC).