Cullinan hires Independent Trading as market-maker

Feb 1, 2023

2023-01-31 19:38 ET – News Release

Mr. Marc Enright-Morin reports

CULLINAN METALS ENGAGES INDEPENDENT TRADING GROUP AS MARKET MAKER

Cullinan Metals Corp. has engaged Independent Trading Group (ITG) for market-making services.

The company has entered into a market-making agreement with Independent Trading Group, pursuant to which ITG has agreed to provide market-making services to the company in accordance with the policies of the Canadian Securities Exchange (CSE) and applicable laws. ITG will trade shares of the company on the CSE and other applicable trading venues to maintain a reasonable market and improve market liquidity for the company’s common shares. The agreement’s effective date is Feb. 1, 2023, with an initial term of six months, which will automatically extend for successive one-month terms unless terminated by either party on 30 days prior notice. In consideration of services provided by ITG pursuant to the agreement, ITG will receive compensation of $5,000 per month, payable monthly in advance. ITG will not receive shares, options or other securities as compensation, and capital used for market making will be provided by ITG solely.

ITG is an independent, privately held broker-dealer based in Toronto, Ont., that provides a wide range of financial and investment services. ITG is a member of the Investment Industry Regulatory Organization of Canada and the Canadian Investor Protection Fund, and can access all Canadian stock exchanges and alternative trading systems. ITG and the company are unaffiliated entities at the time of the agreement. Neither ITG nor its principals have any interest directly or indirectly in the securities of the company or any right of intent to acquire such an interest.

About Cullinan Metals Corp.

Cullinan Metals is a Canadian mining and exploration company focused on the development of energy metals. Cullinan is focused on key energy resources such as the development of copper, graphite and lithium assets around the world.

We seek Safe Harbor.

https://www.cullinanmetals.com/