AUS
NZ
UK
CA
USA
IND
Highlights
- Great Pacific Gold Corp. signs agreement with ICP Securities Inc. for automated market making services
- ICP to deploy proprietary ICP Premium™ algorithm to support share liquidity
- Agreement begins at the end of April and includes automatic monthly renewal terms
Great Pacific Gold Corp. (TSXV:GPAC), a company operating within the precious TSX mining stocks exploration sector, has formalized an agreement with ICP Securities Inc., a registered dealer-member based in Toronto, to provide automated market making services. This collaboration is aligned with the guidelines set forth by the TSX Exchange and applicable securities legislation.
The engagement is designed to support the orderly trading of Great Pacific Gold’s shares by leveraging ICP’s technology-based market stabilization practices. The market making services will be provided using ICP’s proprietary algorithm known as ICP Premium™, which focuses on liquidity enhancement and maintaining quote health on public trading platforms.
Service Agreement and Operational Framework
The agreement between the two parties commenced at the end of April and is structured with an initial duration of several months. Following the initial phase, the arrangement will renew on a rolling monthly basis unless one of the parties submits a written notice of termination in accordance with the agreed-upon timeframe.
The financial terms of the arrangement involve a standard monthly service fee, exclusive of applicable taxes. The agreement contains no additional compensation components such as stock options or performance-based incentives. Furthermore, ICP has confirmed it does not currently hold any equity in Great Pacific Gold Corp., although it retains the option to engage with the company’s securities at a later date.
Automated Market Making and Role of ICP Securities
ICP Securities Inc. specializes in automated liquidity solutions for public issuers and institutional entities. As a dealer-member operating under the Canadian regulatory framework, the firm provides services using its proprietary trading algorithms developed to support efficient market functioning.
ICP’s primary objective under this agreement is to address temporary disparities in buying and selling activity related to the company's listed shares. The firm will be independently managing the financial costs of trading activity associated with these services, and no external entities are contributing capital or securities to facilitate the engagement.
About ICP Securities Inc.
Founded in the financial district of Toronto, ICP Securities Inc. has established its operations with a focus on market structure expertise, trade execution, and technology-driven solutions. Since its inception, the firm has built a platform around advanced algorithmic systems aimed at enhancing liquidity and supporting transparent trading environments.
ICP’s proprietary system, ICP Premium™, plays a central role in its offerings, contributing to orderly markets by stabilizing bid-ask spreads and reinforcing consistent quote visibility. The company’s clientele spans across various issuers requiring market presence solutions tailored to the dynamics of public trading.
