Azincourt Energy Corp. Engages ICP Securities Inc. for Automated Market Making Services
Azincourt Energy Corp. Engages ICP
Securities Inc. for Automated Market Making
Services
Vancouver, British Columbia--(Newsfile Corp. - February 18, 2025) -
AZINCOURT ENERGY CORP.
(TSXV: AAZ) (OTC Pink: AZURF) (FSE: A0U)
("
Azincourt
" or the "
Company
"), announces that it
has engaged the services of ICP Securities Inc. ("
ICP
") to provide automated market making services,
including use of its proprietary algorithm, ICP Premium™, in compliance with the policies and guidelines
of the TSX Exchange and other applicable legislation. ICP will be paid a monthly fee of C$7,500, plus
applicable taxes. The agreement between the Company and ICP was signed with a start date of
February 18, 2024, and is for four (4) months (the "Initial Term") and shall be automatically renewed for
subsequent one (1) month terms (each month called an "Additional Term") unless either party provides
at least thirty (30) days written notice prior to the end of the Initial Term or an Additional Term, as
applicable. There are no performance factors contained in the agreement and no stock options or other
compensation in connection with the engagement. ICP and its clients may acquire an interest in the
securities of the Company in the future.
ICP is an arm's length party to the Company. ICP's market making activity will be primarily to correct
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 be providing 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, as well as having a proprietary market making algorithm, ICP Premium™,
that enhances liquidity and quote health. Established in 2023, with a focus on market structure,
execution, and trading, ICP has leveraged its own proprietary technology to deliver high quality liquidity
provision and execution services to a broad array of public issuers and institutional investors.
ABOUT AZINCOURT ENERGY CORP.
Azincourt is a Canadian-based resource company specializing in the strategic acquisition, exploration,
and development of alternative energy/fuel projects, including uranium, lithium, and other critical clean
energy elements. The Company is currently active at its joint venture East Preston uranium project
located in the Athabasca Basin, Saskatchewan, and on its Snegamook uranium project, located in the
Central Mining Belt of Labrador.
ON BEHALF OF THE BOARD OF AZINCOURT ENERGY CORP.
"Alex Klenman"
Alex Klenman, President & CEO
For further information please contact:
Alex Klenman, President & CEO
Tel: 604-638-8063
Azincourt Energy Corp.
1430 - 800 West Pender Street
Vancouver, BC V6C 2V6
www.azincourtenergy.com
Cautionary Statement Regarding Forward-Looking Statements
This news release may contain certain "Forward-Looking Statements" within the meaning of the
United States Private Securities Litigation Reform Act of 1995 and applicable Canadian securities
laws. When or if used in this news release, the words "anticipate", "believe", "estimate", "expect",
"target, "plan", "forecast", "may", "schedule" and similar words or expressions identify forward-looking
statements or information. Such statements represent the Company's current views with respect to
future events and are necessarily based upon a number of assumptions and estimates that, while
considered reasonable by the Company, are inherently subject to significant business, economic,
competitive, political, and social risks, contingencies and uncertainties. Many factors, both known and
unknown, could cause results, performance, or achievements to be materially different from the
results, performance or achievements that are or may be expressed or implied by such forward-
looking statements. The Company does not intend, and does not assume any obligation, to update
these forward-looking statements or information to reflect changes in assumptions or changes in
circumstances or any other events affecting such statements and information other than as required
by applicable laws, rules, and regulations.
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
release.
To view the source version of this press release, please visit
https://www.newsfilecorp.com/release/241235