Tempus Resources Ltd (ASX:TMR) (TSX-V:TMRR) (FRA:4W0) has engaged the services of Independent Trading Group (ITG) to provide market making services in accordance with TSX Venture Exchange (TSX-V) policies.
ITG will trade shares of the company on the TSX-V and all other trading venues with the objective of maintaining a reasonable market and improving the liquidity of the company’s common shares.
Tempus shares will start trading on the TSX-V on Monday, December 7, 2020 (Canadian time), under the ticker TMRR.
The exploration company with a primary focus on gold in the Americas, including Canada, will retain its primary listing on the Australian Securities Exchange (ASX).
According to Tempus, listing on the TSX is a key part of its strategy to further open up investment in the company and access to capital from North America, in particular.
Terms of agreement
The agreement with ITG is for an initial term of three months and will renew for additional one-month terms unless terminated and it can 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.
Tempus also clarified that 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.
ITG is Canada’s only brokerage firm dedicated specifically to professional trading and has its head office in Toronto.
As a leading Canadian market making firm, ITG provides market making and liquidity provider services that are objective and focused.