Tinka Resources Limited (TSXV: TK,OTC:TKRFF) (OTCQB: TKRFF) (“Tinka” or the “Company”) is pleased to announce that it has retained the services of ICP Securities Inc. (“ICP”) has engaged to provide automated market making services, including the use of its proprietary algorithm, ICP Premium™, in accordance with the policies and guidelines of the TSX Venture Exchange and other applicable laws. ICP receives a monthly stipend of C$7,500, plus applicable taxes. The agreement between the Company and ICP is signed with a start date of October 24, 2025 and is for a term of four (4) months (the “Initial Term”) and will automatically renew for subsequent one (1) month terms (each month being an “Additional Term”) unless written notice is given by either party at least thirty (30) days prior to the end of the Initial Term or any Additional Term, as applicable. There are no performance factors included in the agreement and there are no stock options or any other compensation in connection with the assignment. ICP and its clients may in the future acquire an interest in the Company’s securities.
ICP is an independent party to the Company. ICP’s market making activity will mainly consist of correcting temporary imbalances in the supply and demand of the Company’s shares. ICP will be responsible for the costs it incurs in buying and selling the Company’s shares, and no third party will provide funds or securities for the market making activities.
About ICP Securities Inc.
ICP Securities Inc. is a Toronto-based CIRO dealer member that specializes in automated market making and liquidity provision, and also features a proprietary market making algorithm, ICP Premium™, that improves liquidity and quote health. Founded in 2023, with a focus on market structure, execution and trading, ICP has leveraged its proprietary technology to deliver high-quality liquidity provision and execution services to a broad range of public issuers and institutional investors.
About Tinka Resources Limited
Tinka is an exploration and development company focused on base and precious metals projects in Peru. The company’s flagship project is the zinc-silver-tin project at Ayawilca, which has significant mineral resources of zinc (with silver-lead credits) and tin in separate zones. The nearby Silvia gold copper project is currently the focus of exploration drilling. The company submitted a technical report NI 43-101 on an updated PEA for the Ayawilca project on April 15, 2024 (link to report NI 43-101 here).
Forward-looking statements: Certain information in this press release contains forward-looking statements and forward-looking information within the meaning of applicable securities laws (collectively, “forward-looking statements”). All statements, other than statements of historical fact, are forward-looking statements. Forward-Looking Statements. Forward-looking statements are based on Tinka’s beliefs and expectations, as well as assumptions made by and information currently available to Tinka’s management. Such statements reflect current risks, uncertainties and assumptions regarding certain factors including, without limitation: timing of planned work programs and results that differ from expectations; delay in obtaining results; changes in the stock markets; uncertainties regarding the availability and costs of financing needed in the future; equipment failure, unexpected geological conditions; inaccuracy in estimates of resources or recovery of metals; success of future development initiatives; competition and operating performance; environmental and safety risks; timing of geological reports; the preliminary nature of the Ayawilca Project PEA and the Company’s ability to realize the results of the Ayawilca Project PEA; the political environment in which the Company operates continues to support the development and operation of mining projects; risks related to negative publicity relating to the Company or the mining industry in general; delays in obtaining or failing to obtain necessary permits and approvals from local authorities; community agreements and relationships; and other development and operational risks. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may differ materially from those described herein. Although Tinka believes that the assumptions inherent in the forward-looking statements are reasonable, forward-looking statements are not guarantees of future performance and therefore undue reliance should not be placed on such statements due to the inherent uncertainty therein. Except as required by applicable securities laws, Tinka disclaims any intention or obligation to update any forward-looking statements.
Neither the 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 press release.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/271747
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