Stuhini Exploration Engages Independent Trading Group as Market Maker and Announces Stock Option Grant
Stuhini Exploration Engages Independent
Trading Group as Market Maker and
Announces Stock Option Grant
Vancouver, British Columbia--(Newsfile Corp. - January 14, 2026) - Stuhini Exploration Ltd. (TSXV:
STU) (OTCQB: STXPF) (WKN: A2PLBV) ("
Stuhini
" or the "
Company
") is pleased to announce it has
engaged Independent Trading Group, Inc. ("
ITG
") to act as market-maker for the trading of the common
shares of the Company (the "
Common Shares
") on the TSX Venture Exchange (the "
TSX-V
"), with the
objective of maintaining a reasonable market and improving the liquidity of the Common Shares.
ITG is providing its services to the Company pursuant to a market making services agreement (the
"
Market Making Agreement
") entered into between the Company and ITG. The Market Making
Agreement is for an initial term of one month and shall continue on a month-to-month basis thereafter,
subject to termination pursuant to the terms thereof, including by either party upon 30 days' prior written
notice to the other party. In consideration for the market making services provided to the Company by
ITG, the Company has agreed to pay ITG a fee of $6,000 per month (plus applicable taxes), payable
monthly in advance. There are no performance factors contained in the Market Making Agreement and
ITG will not receive any Common Shares or other securities of the Company as compensation.
The Company and ITG are unrelated and unaffiliated entities and the Company has been advised that
neither ITG nor its principals have any interest, directly or indirectly, in any securities of the Company, or
any right or intent to acquire such interest, other than pursuant to the marketing making services to be
provided by ITG pursuant to the terms of the Market Making Agreement. The Market Making Agreement
and the engagement of ITG pursuant thereto remains subject to the approval of the TSX-V.
Stock Option Grant
The Company also announces that its Board of Directors has authorized and approved the grant of an
aggregate of 1,775,000 stock options of the Company ("
Options
") pursuant to the Company's stock
option plan to certain directors, officers, employees, and consultants. The Options are exercisable for an
aggregate of 1,775,000 Common Shares at an exercise price of $0.155 per Common Share for a 36-
month term, expiring on January 14, 2029. The Options vest in four 25% equal instalments over a period
of twenty-four (24) months from the date of grant, with the first instalment vesting on July 14, 2026, and
three additional instalments vesting six, twelve and eighteen months thereafter.
About Independent Trading Group
Independent Trading Group (ITG), Inc.
is a Toronto-based CIRO dealer-member that specializes in
market making, liquidity provision, agency execution, ultra-low latency connectivity, and bespoke
algorithmic trading solutions. Established in 1992, with a focus on market structure, execution, and
trading, ITG 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 Stuhini Exploration Ltd.
Stuhini is a mineral exploration company focused on exploration and development of precious and base
metals properties in western Canada. The Company's portfolio of exploration properties includes the
flagship Ruby Creek Property, 16 km east of Atlin, BC; the Big Ledge Property, 57 km south of
Revelstoke, BC.
For further information on Stuhini, visit our website at
www.stuhini.com
or contact:
Meredith Eades
President & CEO
604.360.4668
Twitter:
@STUexploration
LinkedIn:
Stuhini Exploration
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies
of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Forward-Looking Statements
This news release contains "forward-looking statements" and "forward-looking information" (collectively,
"
forward-looking statements
") within the meaning of applicable Canadian securities laws. All
statements in this release that are not historical facts are forward-looking statements, including, without
limitation, the anticipated effects of the market making services to be provided by ITG on the liquidity and
trading of the Company's Common Shares.
Forward-looking statements are based on a number of assumptions that, while considered reasonable
by the Company at the time of preparation, are inherently subject to significant uncertainties. These
assumptions include, but are not limited to: that regulatory approvals, including those of the TSX-V, will
be obtained in a timely manner or at all; that ITG will perform its obligations under the Market Making
Agreement as anticipated; that market conditions will support improved liquidity of the Common Shares;
economic conditions; mineral prices; and anticipated costs and expenditures. The foregoing list of
assumptions is not exhaustive.
Forward-looking statements are subject to known and unknown risks, uncertainties, and other factors
that may cause actual results to differ materially from those expressed or implied. These risks include,
but are not limited to: the risk that regulatory approvals may not be obtained; that the market-making
services to be provided by ITG may not achieve the anticipated impact on liquidity or trading activity;
changes in market conditions; fluctuations in share price; regulatory or policy changes; and other risks
inherent in the operation of a publicly listed exploration-stage company.
Although the Company believes the expectations reflected in such forward-looking statements are
reasonable, there can be no assurance they will prove to be correct. Readers are cautioned not to place
undue reliance on these forward-looking statements, which speak only as of the date of this news
release. The Company undertakes no obligation to update or revise any forward-looking statements
except as required by applicable law.
To view the source version of this press release, please visit
https://www.newsfilecorp.com/release/280419