edgeTI Engages Independent Trading Group as Market Maker
January 16 2023 - 4:58PM
Edge Total Intelligence Inc. (TSXV: CTRL, OTCQB: UNFYF, FSE:
Q5i)(“edgeTI”, “We”, “Our” or the “Company”), is pleased to
announce 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$5,000
per month, payable monthly in advance. The agreement is for an
initial term of three months and renews 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.
The Company also announces it has ended its
engagement with Sophic Capital Inc. effective December 15, 2022,
for strategic investor relations and capital markets communication
services.
About Independent Trading
Group
ITG is Canada's only brokerage firm dedicated specifically to
professional trading. As Canada's foremost Market Making Firm, ITG
provides Market Making and Liquidity Provider services that are
objective and focused. With its head office in Toronto, ITG employs
real traders and provides real liquidity, with an underlying
emphasis on integrity and success.
About edgeTI
edgeTI helps customers sustain situational awareness and
accelerate data-driven action with its real-time digital operations
software, edgeCore™. Global enterprises, service providers, and
governments are more profitable when insight and action are united
to deliver fluid experiences via the platform's low-code
development capability and composable experiences. With edgeCore,
customers improve their margins and agility by rapidly transforming
siloed systems and data across evolving, complex situations in
business, technology, and cross-domain operations — helping them
achieve the impossible.
Website: https://edgeti.com LinkedIn:
www.linkedin.com/company/edgeti YouTube:
www.youtube.com/user/edgetechnologies Twitter: @edgesuite
For further Information contact:
Nick BrigmanPhone: 888-771-3343 Email: ir@edgeti.com
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.
Forward-Looking Information and
Statements
Certain statements in this news release are forward-looking
statements or information for the purposes of applicable Canadian
and US securities law. Forward-looking statements consist of
statements that are not purely historical, including any statements
regarding beliefs, plans, expectations or intentions regarding the
future. Such information can generally be identified by the use of
forwarding-looking wording such as "may", "expect", "estimate",
"anticipate", "intend", "believe" and "continue" or the negative
thereof or similar variations. The reader is cautioned that
assumptions used in the preparation of any forward-looking
information may prove to be incorrect. Events or circumstances may
cause actual results to differ materially from those predicted, as
a result of numerous known and unknown risks, uncertainties, and
other factors, many of which are beyond the control of the Company,
including but not limited to, completion of due diligence by the
lender, business, economic and capital market conditions.
Such statements and information are based on numerous
assumptions regarding present and future business strategies and
the environment in which the Company will operate in the future,
including the demand for its products, anticipated costs, and the
ability to achieve goals. Factors that could cause the actual
results to differ materially from those in forward-looking
statements include, the continued availability of capital and
financing, the impact of Covid-19 or other viruses and diseases on
the Company's ability to operate, competition and general economic,
market or business conditions. Forward-looking statements contained
in this news release are expressly qualified by this cautionary
statement. The reader is cautioned not to place undue reliance on
any forward-looking information. The forward-looking statements
contained in this news release are made as of the date of this news
release. Except as required by law, the Company disclaims any
intention and assumes no obligation to update or revise any
forward-looking statements, whether as a result of new information,
future events or otherwise.
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