Applied Graphite Engages ICP Securities for Market Making Services
APPLIED GRAPHITE ENGAGES ICP SECURITIES INC. FOR AUTOMATED MARKET MAKING SERVICES
Image: Benzinga
Applied Graphite Technologies Corp. has contracted ICP Securities Inc. to provide automated market making services for four months, starting May 25, 2026, at a fee of C$7,500 per month. The agreement aims to enhance liquidity for AGT's shares, with potential for future interest in AGT's securities by ICP.
- 01The contract with ICP Securities Inc. is set for an initial term of four months, with automatic monthly renewals unless terminated with 30 days' notice.
- 02AGT will pay ICP a monthly fee of C$7,500, plus applicable taxes, with no performance factors or stock options included in the agreement.
- 03ICP Securities Inc. specializes in automated market making and has developed a proprietary algorithm called ICP PremiumTM to improve liquidity.
- 04AGT has issued 6,600,000 stock options at an exercise price of $0.12, expiring on May 22, 2031, to various stakeholders.
- 05AGT is involved in gold exploration in Nevada and graphite mining in Sri Lanka, with projects positioned in promising mining districts.
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Applied Graphite Technologies Corp. (AGT) has announced a partnership with ICP Securities Inc. to provide automated market making services, utilizing ICP's proprietary algorithm, ICP PremiumTM. This engagement, effective from May 25, 2026, will last for an initial term of four months at a fee of C$7,500 per month, with provisions for automatic monthly renewals unless terminated with a 30-day notice. The agreement does not include performance metrics or stock options. ICP, a Toronto-based dealer-member of CIRO, focuses on enhancing liquidity and trading execution for public issuers and institutional investors. As part of its strategy, AGT has also granted 6,600,000 stock options at an exercise price of $0.12, set to expire on May 22, 2031. AGT is actively exploring the South Bullfrog gold project in Beatty, Nevada, and is working on permitting the Queens Mine Complex graphite mine in Sri Lanka, both of which are strategically located in rich mining districts.
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The engagement with ICP is expected to stabilize AGT's share price and improve liquidity, benefiting current and potential investors.
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