SRQ Announces Engagement of Market Maker
July 05 2024 - 4:30PM
SRQ Resources Inc. (TSX-V: SRQ) (“SRQ” or the “Company”) is pleased
to announce that it has retained DS Market Solutions Inc.
(“
DS Market”) to provide equity trading advisory
and liquidity provider services in accordance with TSXV policies
and subject to the approval of the TSXV.
DS Market will trade the securities of the
Company on the TSXV for the purpose of maintaining an orderly
market. In consideration of the services provided by DS Market, the
Company will pay DS Market a monthly fee of $5,000 from
the Company's available cash for a minimum term of one month and
renewable for successive one-month terms thereafter. Either Party
may terminate the arrangement by providing written notice to that
effect 30 days prior to the end of the then current term. The
services provided by DS Market commenced on July 2 2024.
The Company and DS Market are unrelated and
unaffiliated entities and DS Market has no interest, directly or
indirectly in the Company or its securities. DS Market will not
receive shares or options as compensation, nor have they indicated
any immediate intent to acquire shares of the Company through the
open market or otherwise. The capital used for market making will
be provided by DS Market.
About DS Market
DS Market is an equity trading advisor to
issuers looking to enhance liquidity in their public traded
securities. DS Market was incorporated in Mississauga, Ontario in
April 2024 and the offices of DS Market are located in Mississauga,
Ontario. Mr. David Sears is the sole owner of DS Market and will be
providing the services on behalf of DS Market. DS Market’s contact
is davidsears@dsmarketsolutions.com.
.About SRQ Resources Inc.
SRQ is a Canadian base metals company exploring
for nickel, copper and platinum in the province of Québec.
A near-surface Ni-Cu project, Lac Brulé is
located on a 288 km² virgin exploration property at a five-hour
drive from Montréal. The project’s prospectivity for base metals
has been confirmed by geological mapping, the presence of a surface
gossan, and geophysical surveys. The presence of the historic Renzy
Ni-Cu mine located 50 kilometers to the south-east and at the heart
of the large regional pattern further adds to the area’s mineral
exploration appeal.
For more information about SRQ, please visit
SRQ’s website at www.srqexploration.com
Contact Information:
Marc-Antoine Audet, President and CEO
ceo@srqexploration.com
Tel: (514) 726-4158
Renmark Financial Communications Inc. Bettina
Filipponebfilippone@renmarkfinancial.com Tel: (416)-644-2020 or
(212)-812-7680 www.renmarkfinancial.com
Forward-Looking Statements and
Forward-Looking Information:
Certain of the statements made and information
contained herein are “forward-looking statements” or
“forward-looking information” within the meaning of Canadian
securities legislation. Forward-looking statements and
forward-looking information characterized by terms such as “will”,
“could”, “expect”, “estimate”, “evidence”, “potential”, “appears”,
“seems”, “suggest”, are inherently subject to significant business,
economic, and competitive uncertainties and contingencies. Known
and unknown factors could cause actual results to differ materially
from those projected in the forward-looking statements and
forward-looking information, and undue reliance should not be
placed on such statements and information. Such factors include,
but are not limited to: the speculative nature of mineral
exploration and development; assumptions relating to the trading
price of the Company’s common shares; the ability of the Company to
convert resources in reserves, its ability to see through the next
phase of development on any project, its ability to produce a
pre-feasibility study or a feasibility study regarding any project,
its ability to execute on its development plans in terms of
metallurgy or exploration, the availability of financing for
activities, risks and uncertainties relating to the interpretation
of drill results and the estimation of mineral resources and
reserves, the geology, grade and continuity of mineral deposits,
the possibility that future exploration, development or mining
results will not be consistent with the Company’s expectations,
metal price fluctuations, environmental and regulatory
requirements, availability of permits, escalating costs of
remediation and mitigation, risk of title loss, the effects of
accidents, equipment breakdowns, labour disputes or other
unanticipated difficulties with or interruptions in exploration or
development, the potential for delays in exploration or development
activities, the inherent uncertainty of cost estimates and the
potential for unexpected costs and expenses, commodity price
fluctuations, currency fluctuations, expectations and beliefs of
management and other risks and uncertainties. Many of these
uncertainties and contingencies can affect the Company’s actual
results and could cause actual results to differ materially from
those expressed or implied in any forward-looking statements and
forward-looking information made by or expressed on behalf of the
Company. Readers are cautioned that forward-looking statements are
not guarantees of future performance. The Company disclaims any
intention or obligation to update or revise any forward-looking
statements or forward-looking information, whether as a result of
new information, future events or otherwise, except as required by
applicable law.
Neither the TSX-V nor its Regulation Services
Provider (as that term is defined in the policies of the TSX-V)
accepts responsibility for the adequacy or accuracy of this
release.
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