Dr. Marc-Antoine Audet reports
SAMA RESOURCES ANNOUNCES ENGAGEMENT OF MARKET MAKER
Sama Resources Inc.
has,
subject
to
regulatory
approval,
entered
into
a
market-making
agreement
with
Independent Trading Group (ITG), pursuant to which ITG has agreed to provide market-making services
to
the
company
in
accordance
with
the
policies
of
the
TSX
Venture
Exchange
and
applicable
laws.
ITG
will
trade
the
securities
of
the
company
on
the
TSX-V for
the
purposes
of
maintaining
an
orderly
market.
None of ITG nor its affiliates or associates have any interest directly or indirectly in the company or its
securities or any right or intent to acquire such an interest. In consideration of the services provided by
ITG, the company will pay ITG a monthly cash fee of $5,000 for a minimum term of three months, which
will automatically extend for successive one-month terms unless terminated by either party on 30 days of prior notice. ITG will not receive shares or other securities as compensation.
The capital used for market
making
will
be
provided
by
ITG.
Renmark Financial Communications Inc.
In reference to its news release dated Dec. 19, 2023, Sama Resources will be cancelling its agreement with Renmark Financial Communications.
About Sama Resources Inc.
Sama is a Canadian-based, growth-oriented resource company focused on exploring the Samapleu nickel-copper project in Ivory Coast, West Africa. The company is managed by experienced industry professionals with a strong record of discovery. Sama is committed to developing and exploiting the Samapleu nickel-copper and platinum group element resources.
Sama's projects are located approximately 600 kilometres northwest of Abidjan in Ivory Coast and are flanked to the west by the Ivorian and Guinean borders. Sama's projects are located adjacent to the large world-class nickel-cobalt laterite deposits of Sipilou and Foungouesso, forming a 125-kilometre-long new base metal camp in West Africa.
Sama owns 70-per-cent interest in the Samapleu nickel-copper project in Ivory Coast, with its joint venture partner Ivanhoe Electric owning 30 per cent. Ivanhoe Electric has the option to purchase up to a 60-per-cent interest in the project.
We seek Safe Harbor.
© 2024 Canjex Publishing Ltd. All rights reserved.