Canada NewsWire
VANCOUVER, Aug. 13, 2019
VANCOUVER, Aug. 13, 2019 /CNW/ - Venzee Technologies Inc. (TSX-V:VENZ) ("Venzee" or the "Company") is pleased to announce that, subject to regulatory approval, it has retained Mackie Research Capital Corporation ("Mackie Research") to initiate market making services to the Company in compliance with the policies and guidelines of the TSX Venture Exchange.
Beginning August 1, 2019, Mackie Research will trade shares of the Company on the Venture Exchange for the purposes of maintaining and improving the liquidity of the Company's common shares. The agreement between Mackie Research and the Company will continue in effect unless terminated by either party with written or verbal notice of 30 days. The Company has agreed to pay Mackie Research CAD$4,000 per month, quarterly in advance with the funds coming from its working capital. There are no performance factors contained in the agreement between Mackie Research and the Company and Mackie Research will not receive any shares or options from the Company as compensation for services it will render.