2021-07-05 16:41 ET - News Release
Mr. Ray Paquette reports
INTERNATIONAL ZEOLITE APPOINTS MARKET MAKER
International Zeolite Corp. has engaged Independent Trading Group (ITG) to provide market-making services. ITG will trade shares of the company on the TSX Venture Exchange, with the goals of maintaining a reasonable trading market and improving the liquidity of the company's common shares.
Under the agreement, ITG will receive compensation of $6,000 per month, payable monthly in advance. The agreement is for an initial term of three months, ending on Sept. 30, 2021, and will renew for additional one-month terms, unless terminated. The agreement may be terminated by either party with 30 days of 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.
We seek Safe Harbor.
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