Resouro Engages Market Maker Services
Resouro Strategic Metals Inc.
BC0430203 (Canada) ARBN 671 716 457 (Australia)
Suite 250, 997 Seymour Street, Vancouver, British Columbia, Canada V6B 3M1 – Tel: +1 403 807 2948
Level 10, Kyle House, 27-31 Macquarie Place, Sydney NSW 2000 – Tel: + 61 407 123 143
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TSX-V News Release ASX News Release
27 October 2025 28 October 2025
Resouro Engages Market Maker Services
Resouro Strategic Metals Inc. (ASX: RAU; TSX-V: RSM; FSE: 8TX; OTCQB: RSGOF)
("Resouro" or the "Company") is pleased to announce that, subject to regulatory approval, it has
engaged Independent Trading Group INC. (“ ITG”), to provide market-making services in
compliance with TSX V enture (“TSXV”) Exchange policies. ITG is a Dealer Member as defined
in Canadian Investment Regulatory Organization’s (“CIRO”) General By-Law No. 1. ITG will
trade shares of the Company on the TSXV with the objective of maintaining a reasonable market
and improving the liquidity of the Company’s common shares.
Under the terms of the agreement, ITG will receive a monthly fee of $7,000 for their services. The
agreement is for an initial 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. ITG began
delivering its services to the Company on October 22, 2025. There are no performance factors
contained in the agreement. ITG will not receive shares or options as compensation. ITG agrees to
use commercially reasonable efforts to perform the following Services:
(a) Enhance market depth and contribute to the market liquidity of the Company’s common
shares by entering orders on two sides of the book;
(b) Add stability and efficiency to the market for the common shares and increase the
efficiency of the Price Discovery Mechanism;
(c) Act as a liaison to the Company by providing information to the Company regarding
the trading pattern of the common shares on the Exchange; and
(d) Enter orders to maintain a reasonable spread, as determined by the Market Maker in its
sole discretion, between the bid price and ask price of the common shares when natural
market liquidity is not present. If the price of the common shares stabilizes and there are
sufficient buyers and sellers on both sides of the market, the Market Maker will not carry
out market making activities at a level that materially affects the market.
ITG is an independent arm’s-length party and has no present interest, directly or indirectly, in the
securities of Resouro or any right or intent to acquire such an interest.
About Independent Trading Group
Independent Trading Group Inc. (“ITG”) 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 fo cus 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.
This announcement has been authorized for release by the Board of Directors.
Resouro Strategic Metals Inc.
BC0430203 (Canada) ARBN 671 716 457 (Australia)
Suite 250, 997 Seymour Street, Vancouver, British Columbia, Canada V6B 3M1 – Tel: +1 403 807 2948
Level 10, Kyle House, 27-31 Macquarie Place, Sydney NSW 2000 – Tel: + 61 407 123 143
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Contact Information:
Chris Eager,
CEO and Executive Chairman
+44 7388 0579809
About the Company
Resouro is a Canadian incorporated mineral exploration and development company, listed on the
ASX, TSXV , OTC and FSE, focused on the discovery and advancement of economic mineral
projects in Brazil, including the Tiros Titanium-Rare Earths Project and the Novo Mundo Gold
Project. The Tiros project has 28 mineral concessions totalling 497 km2 located in the state of Minas
Gerais, one of the best infrastructurally developed states of Brazil, 350 km from the state capital
of Belo Horizonte. Resouro's Mineral Resource Estimate for the Tiros Project contains 165 million
tonne of titanium dioxide and 5.5 million tonne of total rare earths oxides within a Measured and
Indicated Resource of 1.4 billion tonne.
Note: Further details of the Company’ s JORC MRE are contained within the Company’ s ASX announcement of 9
April, 2025/TSX-V 8 April 2025. Resouro is not aware of any new information or data that materially affects the
information included in the Company’ s announcement and that all material assumptions and technical parameters
underpinning the estimates referred to therein continue to apply and have not materially changed.
DOMAIN Category Million Tonne TiO2 % TREO (ppm)MREO (ppm)MREO/TREO ratio
HG (High Grade) Measured 30 24 9,300 2,500 27%
Indicated 74 23 8,900 2,300 26%
M + I 103 23 9,100 2,400 26%
Inferred 33 22 8,300 2,200 26%
MG (Medium Grade) Measured 340 11 3,700 1,000 28%
Indicated 930 11 3,600 1,000 28%
M + I 1,300 11 3,600 1,000 28%
Inferred 470 11 3,400 920 27%
TOTAL (HG+MG) Measured 367 12 4,100 1,100 28%
Indicated 1,000 12 4,000 1,100 27%
M + I 1,400 12 4,000 1,100 28%
Inferred 500 12 3,700 1,000 27%
Resouro Strategic Metals Inc.
BC0430203 (Canada) ARBN 671 716 457 (Australia)
Suite 250, 997 Seymour Street, Vancouver, British Columbia, Canada V6B 3M1 – Tel: +1 403 807 2948
Level 10, Kyle House, 27-31 Macquarie Place, Sydney NSW 2000 – Tel: + 61 407 123 143
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Resouro Strategic Metals Inc - Capital Structure
ASX Chess Depositary Interests 48,525,089
TSXV Common Stock 59,064,960
Total on Issue 107,590,049
Options issued under the Company Plan 12,495,000
Options issued to Brokers 1,843,643
Warrants 7,500,000
Warrants issued to Brokers 600,616
Performance Rights 750,000
Fully Diluted Securities 130,779,308
Forward-Looking Information
This news release contains certain "forward-looking information" within the meaning of applicable
securities law. Forward-looking information is frequently characterized by words such as "plan",
"expect", "project", "intend", "believe", "anticipate", "estimate" and other similar words, or
statements that certain events or conditions "may" or "will" occur . Although we believe that the
expectations reflected in the forward-looking information are reasonable, there can be no
assurance that such expectations will prove to be correct. We cannot guarantee future results,
performance or achievements. Consequently, there is no representation that the actual results
achieved will be the same, in whole or in part, as those set out in the forward-looking information.
Forward-looking information is based on the opinions and estimates of management at the date
the statements are made and are subject to a variety of risks and uncertainties and other factors
that could cause actual events or results to differ materially from those anticipated in the forward-
looking information. Some of the risks and other factors that could cause the results to differ
materially from those expressed in the forward-looking information include, but are not limited to:
general economic conditions in Canada and globally; industry conditions, including governmental
regulation and environmental regulation; failure to obtain industry partner and other third party
consents and approvals, if and when required; the need to obtain required approvals fr om
regulatory authorities; stock market volatility; liabilities inherent in the mining industry;
competition for , among other things, skilled personnel and supplies; incorrect assessments of the
value of acquisitions; geological, technical, processing and transportation problems; changes in
tax laws and incentive programs; failure to realize the anticipated benefits of acquisitions and
Resouro Strategic Metals Inc.
BC0430203 (Canada) ARBN 671 716 457 (Australia)
Suite 250, 997 Seymour Street, Vancouver, British Columbia, Canada V6B 3M1 – Tel: +1 403 807 2948
Level 10, Kyle House, 27-31 Macquarie Place, Sydney NSW 2000 – Tel: + 61 407 123 143
4 | Page
dispositions; and the other factors. Readers are cautioned that this list of risk factors should not
be construed as exhaustive.
The forward-looking information contained in this news release is expressly qualified by this
cautionary statement. We undertake no duty to update any of the forward-looking information to
conform such information to actual results or to changes in our expectations except as otherwise
required by applicable securities legislation. Readers are cautioned not to place undue reliance on
forward-looking information.
Neither the ASX, OTC, TSX V enture Exchange nor its Regulation Services Provider (as that
term is defined in the policies of the TSX V enture Exchange) accepts responsibility for the
adequacy or accuracy of this release.