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U92 Energy hires Velocity Trade for market-making

UTWO · Price
Executive Summary
- U92 Energy Corp. has entered into a market‑making agreement with Velocity Trade Capital Ltd. to provide corporate marketing and investor awareness services.
- The firm will receive a monthly fee of $5,000 for its liquidity services; either party may terminate the arrangement after 60 days with 30‑day written notice.
- The engagement is subject to acceptance by the TSX Venture Exchange and does not involve related parties or additional agreements.
Key Details
- Service Provider: Velocity Trade Capital Ltd., a private, independent investment dealer registered in multiple Canadian provinces and regulated internationally (UK FCA, Dutch AFM, ASIC, FSCA, MAS, etc.).
- Scope of Services: Market‑making activities to manage trading of U92’s shares, maintain an orderly market, reduce volatility, and improve share liquidity.
- Compensation: Monthly fee of $5,000 payable by U92 to Velocity Trade.
- Termination Clause: After a 60‑day initial period, either party may terminate the agreement with 30 days’ prior written notice.
- Regulatory Approval: The engagement requires acceptance by the TSX Venture Exchange; no related‑party relationship exists between U92 and Velocity Trade.
Notable Quotes
(No quotes provided in the release.)
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Jun 19, 2026 · 16:31