MegaWatt Announces Engagement of Market Maker Services from Independent Trading Group
MegaWatt Announces Engagement of Market Maker Services from
Independent Trading Group
Vancouver, British Columbia‐‐( April 22, 2024) ‐ Mega Watt Lithium and Battery Metals Corp.
(CSE:MEGA) (FSE: WR20) (OTCQB: WALRF) (the "Company" or "MegaWatt") is pleased to announce,
that it has retained Independent Trading Group ("ITG") to provide market making services in
accordance with the policies of the Canadian Securities Exchange (the "CSE").
ITG will trade the securities of the Company on the CSE and other applicable trading venues for the
purpose of maintaining an orderly market. In consideration of the services provided by ITG, the
Company will pay ITG a monthly fee of $7,500, plus taxes, for a minimum term of one month and will
renew for additional one -month terms unless terminated. The agreement may be terminated by
either party with 30 days' notice. The services provided by ITG will commence on April 22, 2024.
The Company and ITG are unrelated and unaffiliated entities and ITG has no interest, directly or
indirectly in the Company or its securities. ITG will not receive shares or options as compensation, nor
have they indicated any immediate intent to acquire shares of the Company through the open market
or otherwise. ITG is a member of the Canadian Investment Regulatory Organization (CIRO) and can
access all Canadian stock exchanges and alternative trading systems. The capital used for market
making will be provided by ITG.
About MegaWatt Lithium and Battery Metals Corp.
MegaWatt is a British Columbia based company involved in the acquisition and exploration of mineral
properties in Canada. The Company holds a 100% undivided interest, subject to a 1.5% NSR on all base,
rare earth elements and precious metals, in the Cobalt Hill Property, consisting of eight mineral claims
covering an area of approximately 1,727.43 hectares located in the Trail Creek Mining Division in the
Province of British Columbia, Canada.
Additionally, the Company has acquired a 100% interest in a company that indirectly holds a 100%
interest (subject to a 2% NSR) in the Tyr Silver Project (see press release dated October 15, 2020).
The Company holds a 100% interest (subject to a 2% NSR) in and to the Route 381 Lithium Property,
comprised of 40 mineral claims located in James Bay Territory, north of Matagami in the Province of
Quebec, covering 2,126 hectares (see press release dated F ebruary 3, 2021) and a 100% interest in
229 additional mineral exploration claims prospective for lithium, also in the James Bay area of Quebec
covering an area of 12,116 hectares or 121 square kms.
Investors can learn more about the Company and team at https://megawattmetals.com.
Related Links
https://megawattmetals.com
The CSE does not accept responsibility for the adequacy or accuracy of this release.
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This press release includes "forward -looking information" that is subject to a number of
assumptions, risks and uncertainties, many of which are beyond the control of the Company. 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.
FOR FURTHER INFORMATION PLEASE CONTACT:
Kelvin Lee, Chief Financial Officer
[email protected], (236)521-6500