Mr. Ian Peres reports
RESOLVE ENERGY ENGAGES INDEPENDENT TRADING GROUP AS MARKET MAKER
Resolve Energy Inc. has engaged the services of Independent Trading Group (ITG) Inc. to provide market-making services. ITG will trade shares of the corporation on the Canadian Securities Exchange and all other trading venues with the objective of maintaining a reasonable market and improving the liquidity of the corporation's common shares.
The initial agreement will commence May 21 for one month, in accordance with CSE policies, and is renewable at Resolve's discretion. There are no performance factors contained in the agreement and ITG will not receive any common shares or stock options as compensation. ITG and the corporation 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 common shares of the corporation.
About Independent Trading Group (ITG) Inc.
ITG is a Toronto-based CIRO dealer-member that specializes in market making, liquidity provision, agency execution, ultralow-latency connectivity and bespoke algorithmic trading solutions. Established in 1992, with a focus on market structure, execution and trading, ITG has leveraged its own proprietary technology to deliver high-quality liquidity provision and execution services to a broad array of public issuers and institutional investors.
About Resolve Energy Inc.
The corporation is focused on the development and commercialization of advanced biofuel and renewable energy technologies, as well as the exploration of natural hydrogen resources. The corporation has engineered a proprietary, patent-pending acid hydrolysis technology capable of converting residual biomass-including bark, demolition wood and paper sludge into three complementary renewable energy products: second-generation ethanol; industrial-grade lignin pellets; and electricity generated via integrated biomass co-generation. A subsidiary of the corporation, Resolve Hydrogen, also owns 119 mineral exploration claims covering 6,613 hectares (66 square kilometres) in Quebec.
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