Liberty Defense is Pleased to Announce that it has Engaged Independent Trading Group as Market Maker
Liberty Defense Holdings (TSXV: SCAN, OTCQB: LDDFF) has engaged Independent Trading Group (ITG) to provide market-making services across all trading venues, subject to regulatory approval. The agreement aims to maintain reasonable market conditions and enhance the liquidity of Liberty's common shares.
Under the terms, ITG will receive CAD$6,500 monthly compensation, paid in advance. The initial one-month term is automatically renewable unless terminated with 30 days' notice by either party. The agreement contains no performance factors, and ITG will not receive shares or options as compensation. Both parties are unrelated and unaffiliated, with ITG and its principals having no direct or indirect interest in Liberty's securities.
Liberty Defense Holdings (TSXV: SCAN, OTCQB: LDDFF) ha incaricato Independent Trading Group (ITG) di fornire servizi di market-making in tutti i luoghi di trading, soggetti ad approvazione normativa. L'accordo mira a mantenere condizioni di mercato ragionevoli e aumentare la liquidità delle azioni ordinarie di Liberty.
Secondo i termini, ITG riceverà un compenso mensile di CAD$6,500, pagato in anticipo. Il termine iniziale di un mese è automaticamente rinnovabile a meno che non venga terminato con un preavviso di 30 giorni da entrambe le parti. L'accordo non contiene fattori di prestazione e ITG non riceverà azioni o opzioni come compenso. Entrambe le parti non sono correlate e non affiliate, con ITG e i suoi principali che non hanno alcun interesse diretto o indiretto nei titoli di Liberty.
Liberty Defense Holdings (TSXV: SCAN, OTCQB: LDDFF) ha contratado a Independent Trading Group (ITG) para proporcionar servicios de creación de mercado en todos los lugares de negociación, sujeto a aprobación regulatoria. El acuerdo tiene como objetivo mantener condiciones de mercado razonables y mejorar la liquidez de las acciones ordinarias de Liberty.
Según los términos, ITG recibirá una compensación mensual de CAD$6,500, pagada por adelantado. El plazo inicial de un mes se renovará automáticamente a menos que cualquiera de las partes lo termine con un aviso de 30 días. El acuerdo no contiene factores de rendimiento, y ITG no recibirá acciones u opciones como compensación. Ambas partes no están relacionadas ni afiliadas, y ITG y sus principales no tienen ningún interés directo o indirecto en los valores de Liberty.
리버티 디펜스 홀딩스 (TSXV: SCAN, OTCQB: LDDFF)는 인디펜던트 트레이딩 그룹 (ITG)와 모든 거래소에서 시장 조성 서비스를 제공하기 위해 계약을 체결했습니다. 이는 규제 승인을 조건으로 하며, 이 계약의 목적은 합리적인 시장 조건을 유지하고 리버티의 보통주 유동성을 향상시키는 것입니다.
계약 조건에 따라 ITG는 CAD$6,500의 월 보수를 선불로 받게 됩니다. 초기 1개월 기간은 자동 갱신되며, 어느 당사자든지 30일 전에 통지하여 종료할 수 있습니다. 이 계약에는 성과 요소가 없으며, ITG는 보상으로 주식이나 옵션을 받지 않습니다. 양 당사자는 관련이 없고 제휴되지 않으며, ITG와 그 주요 인물들은 리버티의 증권에 직접적 또는 간접적 관심이 없습니다.
Liberty Defense Holdings (TSXV: SCAN, OTCQB: LDDFF) a engagé Independent Trading Group (ITG) pour fournir des services de création de marché sur tous les lieux de négociation, sous réserve de l'approbation réglementaire. L'accord vise à maintenir des conditions de marché raisonnables et à améliorer la liquidité des actions ordinaires de Liberty.
Selon les termes, ITG recevra une rémunération mensuelle de CAD$6,500, payée d'avance. La durée initiale d'un mois est automatiquement renouvelable, sauf si l'une des parties met fin à l'accord avec un préavis de 30 jours. L'accord ne contient aucun facteur de performance, et ITG ne recevra pas d'actions ou d'options en compensation. Les deux parties ne sont pas liées et non affiliées, ITG et ses principaux n'ayant aucun intérêt direct ou indirect dans les valeurs mobilières de Liberty.
Liberty Defense Holdings (TSXV: SCAN, OTCQB: LDDFF) hat Independent Trading Group (ITG) beauftragt, Marktpflege-Dienstleistungen an allen Handelsplätzen bereitzustellen, vorbehaltlich der behördlichen Genehmigung. Ziel des Vertrags ist es, angemessene Marktbedingungen aufrechtzuerhalten und die Liquidität der Stammaktien von Liberty zu erhöhen.
Gemäß den Bedingungen erhält ITG eine monatliche Vergütung von CAD$6,500, die im Voraus gezahlt wird. Die anfängliche Laufzeit von einem Monat wird automatisch verlängert, es sei denn, eine der Parteien kündigt mit einer Frist von 30 Tagen. Der Vertrag enthält keine Leistungsfaktoren, und ITG erhält keine Aktien oder Optionen als Vergütung. Beide Parteien sind nicht miteinander verbunden und nicht affiliiert, und ITG sowie deren Hauptverantwortliche haben kein direktes oder indirektes Interesse an den Wertpapieren von Liberty.
- Enhanced stock liquidity through professional market-making services
- No share dilution - compensation is cash-only
- Flexible contract terms with monthly renewal option
- Additional monthly expense of CAD$6,500
- Subject to regulatory approval - not yet finalized
VANCOUVER, British Columbia and WILMINGTON, Mass., March 07, 2025 (GLOBE NEWSWIRE) -- Liberty Defense Holdings Ltd. (“Liberty” or the “Company”) (TSXV: SCAN, OTCQB: LDDFF, FSE:E30) a leading technology provider of AI-based next generation detection solutions for concealed weapons and threats, announces that, subject to regulatory approval, it has engaged the services of Independent Trading Group ("ITG") to provide market-making services in accordance with TSX Venture Exchange TSXV policies. ITG will trade shares of the Company on the TSXV and all other trading venues with the objective of maintaining a reasonable market and improving the liquidity of the Company's common shares.
Under the agreement, ITG will receive compensation of CAD
For updates and news, please visit www.libertydefense.com to subscribe to email alerts or follow Liberty Defense on social channels.
On Behalf of Liberty Defense
Bill Frain
CEO & Director
About Liberty Defense
Liberty Defense (TSXV: SCAN, OTCQB: LDDFF, FSE: E30) provides multi-technology security solutions for concealed weapons detection in high-volume foot traffic areas and locations requiring enhanced security such as airports, stadiums, schools and more. Liberty’s HEXWAVE product, for which the company has secured an exclusive license from Massachusetts Institute of Technology (MIT), as well as a technology transfer agreement for patents related to active 3D radar imaging technology, provides discrete, modular and scalable protection to provide layered, stand-off detection capability of metallic and non-metallic weapons. Liberty has also recently licensed the millimeter wave-based, High-Definition Advanced Imaging Technology (HD-AIT) body scanner and shoe scanner technologies as part of its technology portfolio. Liberty is committed to protecting communities and preserving peace of mind through superior security detection solutions. Learn more: LibertyDefense.com
About Independent Trading Group
Independent Trading Group (ITG) Inc. is a Toronto based CIRO 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.
For further information about Liberty, please contact:
Jay Adelaar
Senior Vice President of Capital Markets, Liberty Defense
604-809-2500
jay@libertydefense.com
For sales information, please contact:
Ian McNaughton
Senior Director Business Development, Liberty Defense
613-292-3669
imcnaughton@libertydefense.com
FORWARD-LOOKING STATEMENTS
When used in this press release, the words “estimate”, “project”, “belief”, “anticipate”, “intend”, “expect”, “plan”, “predict”, “may” or “should” and the negative of these words or such variations thereon or comparable terminology are intended to identify forward-looking statements and information. Although Liberty believes, in light of the experience of their respective officers and directors, current conditions and expected future developments and other factors that have been considered appropriate, that the expectations reflected in the forward-looking statements and information in this press release are reasonable, undue reliance should not be placed on them because the parties can give no assurance that such statements will prove to be correct. Such statements and information reflect the current view of Liberty. There are risks and uncertainties that may cause actual results to differ materially from those contemplated in those forward-looking statements and information.
By their nature, forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause our actual results, performance or achievements, or other future events, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. There are a number of important factors that could cause Liberty’s actual results to differ materially from those indicated or implied by forward-looking statements and information. Such factors include, among others: currency fluctuations; limited business history of the parties; disruptions or changes in the credit or security markets; results of operation activities and development of projects; project cost overruns or unanticipated costs and expenses; and general development, market and industry conditions. The parties undertake no obligation to comment on analyses, expectations or statements made by third parties in respect of their securities or their respective financial or operating results (as applicable).
Liberty cautions that the foregoing list of material factors is not exhaustive. When relying on Liberty’s forward-looking statements and information to make decisions, investors and others should carefully consider the foregoing factors and other uncertainties and potential events. Liberty has assumed that the material factors referred to in the previous paragraph will not cause such forward-looking statements and information to differ materially from actual results or events. However, the list of these factors is not exhaustive and is subject to change and there can be no assurance that such assumptions will reflect the actual outcome of such items or factors. The forward-looking information contained in this press release represents the expectations of Liberty as of the date of this press release and, accordingly, are subject to change after such date. Liberty does not undertake to update this information at any particular time except as required in accordance with applicable laws.
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 press release.
FAQ
What are the terms of Liberty Defense's (LDDFF) market-making agreement with ITG?
How will the ITG agreement affect LDDFF stock liquidity?
What compensation will ITG receive for market-making LDDFF shares?
Is there any conflict of interest between ITG and Liberty Defense (LDDFF)?
