market maker

Peruvian Metals Corp Retains Independent Trading Group as Market Maker

Peruvian Metals Corp. (TSXV: PER) ("Peruvian Metals" or the "Company") is pleased to announce that it has retained Independent Trading Group Inc. (ITG) to provide market-making services in accordance with TSX Venture Exchange policies. ITG will trade shares of the Company on the TSXV for the purposes of maintaining an orderly market and improving the liquidity of the Company's shares.

ITG will not receive shares or options as compensation. However, ITG and its clients may have or may acquire a direct interest in the securities of the Company. Peruvian Metals and ITG are unrelated and unaffiliated entities. ITG is a member of the Investment Industry Regulatory Organization of Canada (IIROC) and can access all Canadian stock exchanges and alternative trading systems. The capital and securities required for any trade undertaken by ITG as principal will be provided by ITG.

The agreement is for an open-ended term of at least three months which may be terminated on 30-day notice. ITG will be compensated $15,000 for the initial term and will be paid by the Company from its working capital resources.

Jeffrey Reeder, P Geo, a qualified person as defined in National Instrument 43-101, has prepared, supervised the preparation of this news release.

About Peruvian Metals Corp.

Peruvian Metals Corp. is a Canadian Exploration and Mineral Processing company. Our business model is to provide toll milling services for clients and to produce high grade concentrates from mineral purchases. The Company continues to acquire and develop precious and base metal properties in Peru.

For further information on Peruvian Metals Corp. please visit www.peruvianmetals.com.

Peruvian Metals Corp. is a Canadian resource company listed on the
TSX Venture Exchange: Symbol "PER"
For additional information, contact: Jeffrey Reeder Tel: (647) 302-3290
Website: www.peruvianmetals.com Email: jeffrey.reeder@peruvianmetals.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.

Disclosure Regarding Forward-Looking Statements: This press release contains certain "Forward-Looking Statements" within the meaning of applicable securities legislation. We use words such as "might", "will", "should", "anticipate", "plan", "expect", "believe", "estimate", "forecast" and similar terminology to identify forward-looking statements and forward-looking information. Such statements and information are based on assumptions, estimates, opinions and analysis made by management in light of its experience, current conditions and its expectations of future developments as well as other factors which it believes to be reasonable and relevant. Forward-looking statements and information involve known and unknown risks, uncertainties and other factors that may cause our actual results to differ materially from those expressed or implied in the forward-looking statements and information and accordingly, readers should not place undue reliance on such statements and information. Risks and uncertainties are more fully described in our annual and quarterly Management's Discussion and Analysis and in other filings made by us with Canadian securities regulatory authorities and available at www.sedar.com. While the Company believes that the expectations expressed by such forward-looking statements and forward-looking information and the assumptions, estimates, opinions and analysis underlying such expectations are reasonable, there can be no assurance that they will prove to be correct. In evaluating forward-looking statements and information, readers should carefully consider the various factors which could cause actual results or events to differ materially from those expressed or implied in the forward-looking statements and forward-looking information.

Cannot view this image? Visit: https://orders.newsfilecorp.com/files/3210/84863_f75b1a0994fe8997_001full_200.jpg


To view the source version of this press release, please visit https://www.newsfilecorp.com/release/84863

News Provided by Newsfile via QuoteMedia

The Conversation (0)
Gold bars stacked in front of US Federal Reserve seal, with red downward arrow.

Editor's Picks: Warsh Speaks, Gold and Silver Fall — Summer Price Run Over?

The gold price started strong this week, rising as high as US$4,685 per ounce early in the period before taking a tumble to the US$4,540 level.Silver was a similar story, although its high point of nearly US$71 per ounce came later in the week; the white metal then fell to around US$68.50.The... Keep Reading...
Gianni Kovacevic, lithium-ion battery.

Gianni Kovacevic: Gold Forecast, Triple-Digit Silver, My Top Conviction Now

Investor and author Gianni Kovacevic shares his top conviction right now, saying the most mispriced opportunity he sees for speculators is direct lithium extraction. He also weighs in on gold and silver, noting that all roads lead to gold — and silver will follow. Don’t forget to follow us... Keep Reading...
Wooden seesaw with "good deal" and "no deal" blocks on each end.

Allied, Zijin Pivot After US$4 Billion Buyout Falls Through

Allied Gold (TSX:AAUC,NYSE:AAUC) and Zijin Gold International (HKEX:2259,OTCPL:ZJNGF) have abandoned a previously announced US$4 billion takeover agreement amid cross-border regulatory hurdles, pivoting instead to a C$416.64 million private placement that grants Zijin a 9.2 percent stake in the... Keep Reading...
Gold bars with "5 Top Australian Mining Stocks" text overlay.

Top 5 Australian Mining Stocks This Week: FirstAu Spikes 50 Percent on Riverina Drill Plans

Welcome to the Investing News Network's weekly round-up of the top-performing mining stocks on the ASX.Companies focused on metals including gold, copper, scandium and nickel landed in the top five this week.Read on to discover this week's top gaining Australian mining stocks on the ASX and what... Keep Reading...
US Treasury check with the Statue of Liberty placed over US$100 bill.

Billionaire Druckenmiller Criticizes US Treasury's Bond Buyback Move

The US Department of the Treasury is roughly doubling the size of its long-dated bond buyback operations, a move that landed just as 30 year yields touched their highest level since 2007. The move has drawn a public rebuke from billionaire investor Stanley Druckenmiller over whether the American... Keep Reading...

Interactive Chart

Latest Press Releases

Related News