North Peak Engages Independent Trading Group as Market Maker

Executive Summary

• North Peak Resources Ltd. has engaged Independent Trading Group (ITG) to act as its market maker on a go-forward basis, pending TSXV regulatory approval.
• ITG will trade the company's common shares across the TSX Venture Exchange and other trading venues to maintain a reasonable market and enhance share liquidity.
• The engagement operates on a fixed monthly fee structure with flexible one-month renewal terms and requires no performance targets or equity compensation.

Key Details

• Market Maker: Independent Trading Group (ITG), a Toronto-based CIRO dealer-member.
• Objective: Maintain a reasonable market and improve liquidity for North Peak's common shares on the TSXV and other trading venues.
• Compensation: Fixed fee of CAD$6,500 per month, payable monthly in advance.
• Term & Renewal: Initial term of one month, automatically renewing for additional one-month terms unless terminated.
• Termination: Either party may terminate the agreement with 30 days' written notice.
• Performance & Equity: No performance-based factors are included in the agreement; ITG will not receive shares or options as compensation.
• Relationship: ITG and North Peak Resources are unrelated and unaffiliated entities, with neither holding any direct or indirect interest in the Company's securities at the time of execution.

Notable Quotes

(None provided in the release)