Nuvau Minerals Inc. Appoints Market Maker
Nuvau Minerals Inc. Appoints Market Maker
Toronto, Ontario--(Newsfile Corp. - January 23, 2025) -
Nuvau Minerals Inc. (TSXV: NMC)
("
Nuvau
"
or the "
Company
") is pleased to announce that it has entered into a market maker agreement dated
January 9, 2025 (the "
Agreement
") to retain Ventum Financial Corp. ("
Ventum
"), at its principal offices
in Vancouver, British Columbia to provide market making services (the "
Services
") in accordance with
Policy 3.4 -
Investor Relations, Promotional and Market-Making Activities
of TSX Venture Exchange
(the "
Exchange
").
Ventum is a full-service registered investment dealer head-quartered in Vancouver, British Columbia
and Toronto, Ontario, with offices across Canada. Ventum will trade the securities of Nuvau on the
Exchange for the purposes of maintaining an orderly market. In consideration of the Services provided
by Ventum, the Company will pay Ventum a monthly cash fee of $5,000, to be pro-rated for any period
that is less than one full month, plus any applicable taxes. It is anticipated that the total costs of the
Services to the Company for the Term will be approximately $60,000, plus applicable taxes. Ventum will
not receive common shares or options as compensation pursuant to providing the Services. The capital
used for market making will be provided by Ventum.
Ventum's engagement will be for a minimum term of twelve months commencing on January 9, 2025 (the
"
Term
"). After the first three months of the Term, the Company will have the right to terminate the
Agreement for Services on seven days' written notice. Nuvau and Ventum are unrelated and unaffiliated
entities. Ventum is the registered and beneficial holder of 237,740 compensation options of the
Company. Ventum is the registered holder of 447,780 common shares and 223,890 warrants for the
benefit of parties that are unrelated and unaffiliated with the Company.
About Nuvau Minerals Inc.
Nuvau is a Canadian mining company focused on the Abitibi Region of mine-friendly Québec. Nuvau's
principal asset is the Matagami Property that is host to significant existing processing infrastructure and
multiple mineral deposits and is being acquired from Glencore.
For more information go to our website
www.nuvauminerals.com
.
For further information please contact:
Nuvau Minerals Inc.
Peter van Alphen
President and CEO
Telephone: 416-525-6023
Email:
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 news release. No stock exchange, securities commission or other
regulatory authority has approved or disapproved the information contained herein.
Disclaimer & Forward-Looking Statements
This news release contains forward-looking statements and forward-looking information (collectively,
"
forward-looking statements
") within the meaning of applicable securities laws. Any statements that
are contained in this news release that are not statements of historical fact may be deemed to be
forward-looking statements. Forward-looking statements are often identified by terms such as "may",
"should", "anticipate", "will", "estimates", "believes", "intends" "expects" and similar expressions
which are intended to identify forward-looking statements. More particularly and without limitation, this
news release contains forward-looking statements concerning the Agreement. Forward-looking
statements are inherently uncertain, and the actual performance may be affected by a number of
material factors, assumptions and expectations, many of which are beyond the control of the
Company, including expectations and assumptions concerning the Company. Readers are cautioned
that assumptions used in the preparation of any forward-looking statements may prove to be incorrect.
Events or circumstances may cause actual results to differ materially from those predicted as a result
of numerous known and unknown risks, uncertainties and other factors, many of which are beyond the
control of the Company. Readers are further cautioned not to place undue reliance on any forward-
looking statements, as such information, although considered reasonable by the management of the
Company at the time of preparation, may prove to be incorrect and actual results may differ materially
from those anticipated.
The forward-looking statements contained in this news release are made as of the date of this news
release, and are expressly qualified by the foregoing cautionary statement. Except as expressly
required by securities law, neither the Company nor Nuvau undertakes any obligation to update
publicly or to revise any of the included forward-looking statements, whether as a result of new
information, future events or otherwise.
To view the source version of this press release, please visit
https://www.newsfilecorp.com/release/238150