Nicola Mining Engages ICP Securities for C$7,500-Per-Month Automated Market Making
Nicola Mining has engaged ICP Securities Inc. to provide automated market making with its ICP Premium algorithm for a fee of C$7,500 per month. The four-month initial term beginning April 27, 2026 automatically renews each month unless either party gives 30 days’ notice.
1. Engagement Terms
Nicola Mining has engaged ICP Securities Inc. to provide automated market making services using its proprietary ICP Premium algorithm, aiming to enhance liquidity on the TSX Venture Exchange and other trading platforms.
2. Fee Structure and Term
ICP will receive C$7,500 plus applicable taxes per month under a four-month initial term starting April 27, 2026, with automatic one-month renewals unless either party provides 30 days’ notice prior to term end.
3. Market Making Activities
ICP will correct temporary supply and demand imbalances by buying and selling company shares at its own expense, with no third-party funding, performance factors or additional compensation involved.
4. Company Overview
Nicola Mining operates a fully permitted gold and silver mill near Merritt, British Columbia, and holds 100% of the New Craigmont copper project and Treasure Mountain property, leveraging profit-share agreements on regional high-grade gold developments.