As a follow-up to International Lithium Corp.'s corporate update and commitment to its advancement, the company is entering into a market making contract with Venture Liquidity Providers Inc.
International Lithium has retained Venture Liquidity Providers Inc. (VLP) to initiate its market making service to provide assistance in maintaining an orderly trading market for the company's common shares.
The market making service will be undertaken by VLP through a registered broker, WD Latimer Co. Ltd., in compliance with the guidelines of the TSX Venture Exchange. VLP is a specialized consulting firm based in Toronto providing a variety of services focused on TSX Venture Exchange-listed issuers. In consideration for its services, ILC has agreed to pay VLP $5,000 per month for a period of 12 months. The agreement may be terminated at any time by ILC or VLP. ILC and VLP act at arm's length, and VLP has no present interest, directly or indirectly, in ILC or its securities. The agreement is subject to regulatory approval.