02 Sama Announces Engagement of Market Maker
TSX Venture Symbol: SME
SAMA RESOURCES INC./
RESSOURCES SAMA INC.
Suite 132, 1320 Graham
Ville Mont-Royal, Québec
Canada, H3P 3C8
NR 2024 02
SAMA ANNOUNCES ENGAGEMENT OF MARKET MAKER
Montreal, Quebec – January 15, 2024 – Sama Resources Inc. (“Sama” or the “ Company”) (TSXV:
SME) (OTC: SAMMF) is announcing that it has, further to its news release dated December 29, 2023,
retained Independent Trading Group ("ITG") to provide market making services in accordance with TSX
Venture Exchange policies.
ITG will trade the securities of the Company on the TSXV 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 $5,000 from the Company's available cash for a minimum term of one month and renewable for
successive one-month terms thereafter. Either Party may terminate the arrangement by providing written
notice to that effect 30 days prior to the end of the then current te rm. The services provided by ITG
commenced on August 21, 2023.
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.
The capital used for market making will be provided by ITG
About ITG
ITG is a full -service securities dealer regulated by the Investment Industry Regulatory Organization of
Canada and is dedicated specifically to professional trading. ITG’s head office is located at 370 King
Street, Suite 701, Toronto, Ontario M5V 1J9
About Sama Resources Inc.
Sama is a Canadian -based, growth-oriented resource company focused on exploring the Samapleu
nickel-copper project in Côte d’Ivoire, West Africa. The Company is managed by experienced industry
professionals with a strong track record of discovery. Sama is committed to developing and exploiting
the Samapleu Nickel-Copper and Platinum Group Element Resources.
Sama’s projects are located approximately 600 km northwest of Abidjan in Côte d’Ivoire and are flanked
to the west by the Ivorian and Guinean borders. Sama’s projects are located adjacent to the large world-
class nickel-cobalt laterite deposits of Sipilou and Foungouesso, forming a 125 km-long new Base Metal
Camp in West Africa.
Sama owns 70% interest in the Samapleu nickel -copper project in Côte d’Ivoire with its joint venture
partner Ivanhoe Electric owning 30%. Ivanhoe Electric has the option to purchase up to a 60% interest
in the project.
For more information about Sama, please visit Sama’s website at www.samaresources.com.
Contact Information:
Dr. Marc-Antoine Audet, P. Geo, President and CEO
Tel: (514) 726-4158
Mr. Matt Johnston, Corporate Development Advisor
Tel: (604) 443-3835 or (877) 792-6688, Ext. 5
Forward-Looking Statements
Certain of the statements made and information contained herein are "forward -looking statements" or
“forward-looking information” within the meaning of Canadian securities legislation. Forward -looking
statements and forward -looking information such as “will”, could”, “expect”, “estimate”, “evidence”,
“potential”, “appears”, “seems”, “suggest”, are subject to a variety of risks and uncertainties which could
cause actual events or results to differ from those reflected in the forward-looking statements or forward-
looking information, including, without limitation, the ability of the company to convert resources in
reserves, its ability to see through the next phase of development on the project, its ability to produce a
pre-feasibility study or a feasibility study regarding the project, its ability to execute on its development
plans in terms of metallurgy or exploration, the availability of financing for activities, risks and uncertainties
relating to the interpretation of drill results and the estimation of m ineral resources and reserves, the
geology, grade and continuity of mineral deposits, the possibility that future exploration, development or
mining results will not be consistent with the Company's expectations, metal price fluctuations,
environmental and regulatory requirements, availability of permits, escalating costs of remediation and
mitigation, risk of title loss, the effects of accidents, equipment breakdowns, labour disputes or other
unanticipated difficulties with or interruptions in exploration or development, the potential for delays in
exploration or development activities, the inherent uncertainty of cost estimates and the potential for
unexpected costs and expenses, commodity price fluctuations, currency fluctuations, expectations and
beliefs of management and other risks and uncertainties.
In addition, forward -looking statements and forward -looking information are based on various
assumptions. Should one or more of these risks and uncertainties materialize, or should underlying
assumptions prove incorrect, actual results may vary materially from those described in forward-looking
information or forward-looking statements. Accordingly, readers are advised not to place undue reliance
on forward -looking statements or forward -looking information. Except as required under applicable
securities legislation, the Company undertakes no obligation to publicly update or revise forward-looking
statements or forward -looking information, whether as a result of new information, future events or
otherwise.