Timia Capital hires Trapeze for market making Timia Capital hires Trapeze for market making
2018-01-09 12:02 ET - News Release
Mr. Mike Walkinshaw reports
TIMIA CAPITAL RETAINS MARKET MAKING SERVICES OF TRAPEZE CAPITAL
Timia Capital Corp. has retained Trapeze Capital Corp. of Toronto, Canada, to provide market-making services in accordance with TSX Venture Exchange policies.
Under the terms of their agreement, Trapeze will receive cash compensation of $5,500 per month and will not receive any common shares or options of Timia as compensation. Trapeze does not currently own any securities of Timia, however, Trapeze and its clients may acquire a direct interest in the securities of Timia. Timia and Trapeze are unrelated and unaffiliated entities. Trapeze is a member of the Investment Industry Regulatory Organization of Canada, a participating organization of Toronto Stock Exchange and a member of TSX-V. The capital and securities required for any trade undertaken by Trapeze as principal will be provided by Trapeze. The agreement is for an initial term of 180 days, with automatic renewal terms unless terminated.