Gemdale Gold Appoints ITG as Market Maker

Gemdale Gold Inc. has announced the engagement of Independent Trading Group (ITG) as its market maker, subject to regulatory approval. This service is aimed at maintaining a reasonable market and enhancing liquidity for Gemdale Gold's common shares on the TSX Venture Exchange (TSXV) and other trading venues.

Under the agreement, ITG will receive a monthly compensation of CAD$5,500. The initial term of the agreement is for one month, with automatic renewals unless terminated with a 30-day notice by either party. ITG will not receive shares or options, and both entities are unaffiliated.

Gemdale Gold focuses on mineral exploration, specializing in gold and critical minerals in Finland. The company's move to appoint ITG is seen as a strategic effort to boost its market presence and share liquidity.