SPC Nickel Appoints Independent Trading Group as Its Market Maker; Enters into Investor Relations Contracts with thinkHero and Hybrid
SPC Nickel Appoints Independent Trading
Group as Its Market Maker; Enters into
Investor Relations Contracts with thinkHero
and Hybrid
Sudbury, Ontario--(Newsfile Corp. - March 8, 2021) - SPC Nickel Corp. (TSXV: SPC) ("SPC Nickel", the
"Company") today announces that, subject to regulatory approval, it has engaged the services of
Independent Trading Group ("ITG") to provide market-making services in accordance with TSX Venture
Exchange ("TSX-V") policies. ITG will trade shares of the Company on the TSX-V and all other trading
venues with the objective of maintaining a reasonable market and improving the liquidity of the
Company's common shares.
The agreement is for an initial term of three months and will renew for additional one-month terms unless
terminated. The agreement may be terminated by either party with 30 days' notice. Pursuant to the
Terms of the Agreement, ITG will receive $5,000 per month.
There are no performance factors contained
in the agreement and ITG will not receive shares or options as compensation. ITG and the Company are
unrelated and unaffiliated entities and at the time of the agreement, neither ITG nor its principals have an
interest, directly or indirectly, in the securities of the Company. ITG is an independent, privately held
broker-dealer based in Toronto, ON., that provides a wide range of financial and investment services,
and is registered with the Canadian Securities Exchange, NEO, Toronto Stock Exchange and TSX-V
along with the Investment Industry Regulatory Organization of Canada (IIROC).
SPC Nickel also announces that, subject to regulatory approval, it has entered into two separate Investor
Relations service arrangements. The Company engaged thinkHero Incorporated to provide a number of
services including, but not limited to, website and social media management, branding, advertising,
marketing materials and general investor relations services. The initial term is twelve months.
However,
the Company can terminate the arrangement at anytime. For service, thinkHero will receive an initial
payment of $30,000 and $2,500 per month over the term of the agreement.
ThinkHero is a private
marketing company based in Toronto, Ontario that specializes in digital marketing.
Furthermore, the Company announces that it has engaged Hybrid Financial Ltd, subject to regulatory
approval, to provide an investor outreach program.
The term of the arrangement is for a six month period
that will automatically renew for an additional three months subject to a thirty day termination notice
following the six month initial term.
Hybrid will be compensated $15,000 per month for its services.
Hybrid is a sales and distribution company that actively connects issuers to the investment community.
Using a data driven approach, Hybrid provides its clients with comprehensive coverage of both
American and Canadian markets.
About SPC Nickel Corp.
SPC Nickel Corp. is a new Canadian public corporation focused on exploring for Ni-Cu-PGMs within the
world class Sudbury Mining Camp. The Company is currently exploring its key 100% owned exploration
projects Aer-Kidd and Lockerby East both located in the heart of the historic Sudbury Mining Camp and
holds an option to acquire 100% interest in the Janes project located approximately 50 km NE of
Sudbury. The Company's flagship project, Aer-Kidd, is strategically located between two world class
assets in the producing Totten Mine (Vale) and the large, high-grade Victoria development Project
(KGHM). The Company will initially focus on advancing its key Sudbury Camp assets with a vision of
growing to a pre-eminent North American Nickel exploration company.
Additional information regarding
the Company and its projects can be found at
www.spcnickel.com
.
Cautionary Note on Forward-Looking Information
Except for statements of historical fact contained herein, the information in this news release constitutes
"forward-looking information" within the meaning of Canadian securities law. Such forward-looking
information may be identified by words such as "plans", "proposes", "estimates", "intends", "expects",
"believes", "may", "will" and include without limitation, statements regarding estimated capital and
operating costs, expected production timeline, benefits of updated development plans, foreign exchange
assumptions and regulatory approvals. There can be no assurance that such statements will prove to be
accurate; actual results and future events could differ materially from such statements. Factors that could
cause actual results to differ materially include, among others, metal prices, competition, risks inherent in
the mining industry, and regulatory risks. Most of these factors are outside the control of the Company.
Investors are cautioned not to put undue reliance on forward-looking information. Except as otherwise
required by applicable securities statutes or regulation, the Company expressly disclaims any intent or
obligation to update publicly forward-looking information, whether as a result of new information, future
events or otherwise.
Further information is available at
www.spcnickel.com
by contacting:
Grant Mourre
Chief Executive Officer
SPC Nickel Corp.
Tel: (705) 669-1777
To view the source version of this press release, please visit
https://www.newsfilecorp.com/release/76515