Adventus Zinc Corporation Appoints Canadian Market Maker
TSX VENTURE: ADZN
TORONTO, Oct. 1, 2018 /CNW/ - Adventus Zinc Corp. (TSXV: ADZN OTCQX: ADVZF) ("Adventus") is pleased to announce that it has retained Market Making Services Inc. ("Market Making Services") to provide market making services on the exchange, in compliance with the policies and guidelines of the TSX Venture Exchange (the "TSXV").
Market Making Services will trade the securities of Adventus on the TSXV for the purpose of maintaining an orderly market and to provide liquidity of Adventus' common shares. Adventus will pay Market Making Services $4,000 per month for a minimum term of three months renewable every month thereafter. Each party will have an option to cancel upon thirty days' prior notice. The appointment has been approved by the TSXV and the agreement commences today.
Adventus and Market Making Services act at arm's length. Market Making Services will not be paid in shares or options of Adventus. The capital used for market making will be provided by Market Making Services.
About Adventus Zinc
Adventus Zinc is a well-financed company focused on base metals exploration and project development globally. Its strategic shareholders include Altius Minerals Corporation, Greenstone Resources LP, Resource Capital Funds, and Wheaton Precious Metals Corp.; as well as other highly respected investors in the mining business. The focus of Adventus is the advancement of the Curipamba copper-gold-zinc project in Ecuador as part of an earn-in agreement to obtain a 75% ownership interest. In addition, Adventus is engaged in a country-wide exploration alliance with its partners in Ecuador, incorporating two projects to date. Elsewhere globally, Adventus owns a large prospective mineral land package in Ireland totalling 1,950 km2 and, through its ownership interest in Canstar Resources Inc., is actively participating in the exploration upside of a prospective mineral land package in Newfoundland and Labrador, Canada totalling 550 km2. Adventus Zinc is based in Toronto, Canada, and is listed on the TSX-V under the symbol ADZN and on the OTCQX under the symbol ADVZF.
About Market Making Services Inc.
James Connor is the principal of Market Making Services Inc. and has worked in the financial industry for over 20 years. He has extensive experience as a liability trader working for such firms as CIBC, Credit Suisse, Merrill Lynch, and Cormark Securities and also as a coverage trader covering some of the largest institutional investors in Europe and North America. James started Market Making Services Inc. with the primary purpose of providing capital market knowledge to help TSXV listed stocks gain awareness and liquidity.
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 news release.