Highwood Oil Company Ltd. Announces Market Making Activities
June 03 2019 - 6:18PM
PR Newswire (Canada)
/NOT FOR DISSEMINATION IN THE U.S. OR THROUGH
U.S. NEWSWIRES/
CALGARY, June 3, 2019 /CNW/ - Highwood Oil Company Ltd.
(TSXV:HOCL) ("Highwood), is pleased to announce that it has
retained the services of Independent Trading Group ("ITG") to
conduct market making services.
ITG will trade shares of Highwood on the TSX Venture Exchange
("Exchange") with the objective of maintaining a reasonable market
and improving the liquidity and stability of Highwood common shares
in compliance with the policies and guidelines of the Exchange.
Under the terms of Highwood's agreement with ITG, ITG will receive
$17,500 for their services. The
agreement will continue in effect on a month to month basis and
will automatically renew for subsequent monthly terms unless
terminated by either party. There are no performance factors
contained in the agreement between ITG and Highwood and ITG will
not receive any shares or options from Highwood as compensation for
their services.
The arrangement with ITG is subject to Exchange acceptance.
NEITHER TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES
PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX
VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR
ACCURACY OF THIS RELEASE.
SOURCE Highwood Oil Company Ltd.
Copyright 2019 Canada NewsWire
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