Rocky Shore Gold Ltd. has engaged Toronto-based Independent Trading Group Inc. (ITG) to provide market-making services for its common shares under Canadian Securities Exchange policies. ITG is expected to trade the company’s shares on the CSE and other trading venues, with the stated objective of maintaining a reasonable market and improving liquidity.
#Terms of the ITG agreement
The arrangement begins on the date of the announcement and has an initial term of one month. It will continue through additional one-month renewal periods unless either party ends the agreement.
Rocky Shore Gold or ITG may terminate the arrangement with 30 days' notice. The company said the agreement does not include performance factors, and ITG will not be paid with Rocky Shore Gold shares or options.
Rocky Shore Gold and ITG are described as unrelated and unaffiliated entities. At the time the agreement was made, neither ITG nor its principals held a direct or indirect interest in Rocky Shore Gold securities, according to the company.
#ITG background
Independent Trading Group is a Toronto-based CIRO dealer-member. Its stated areas of activity include market making, liquidity provision, agency execution, ultra-low latency connectivity and bespoke algorithmic trading solutions.
ITG was established in 1992 and says it uses proprietary technology in its liquidity and execution services for public issuers and institutional investors.
#Rocky Shore Gold’s Newfoundland projects
Rocky Shore Gold is a Canadian junior exploration company focused on two 100%-owned properties in central Newfoundland: Gold Anchor and Rocky Pond VMS.
Gold Anchor covers more than 1,200 square kilometres. The company says the property includes the near-surface, bulk-tonnage Mosquito and Reid orogenic gold deposits, along with additional orogenic gold targets such as the Lucky 13 Au-Sb Zone along the Appleton Fault Corridor.
Rocky Pond VMS is located within the Roberts Arm VMS Belt, which includes the former Buchans VMS mine. The property contains the gold-rich Handcamp VMS Zone and other VMS showings along a 40-kilometre trend.
#Government support disclosed
Rocky Shore Gold acknowledged $150,000 in financial support received for 2025. It also disclosed approval of the 2026 Junior Exploration Assistance under the Mineral Incentive Program, administered by the Mineral Development Division of the Department of Energy and Mines of the Government of Newfoundland and Labrador. The company did not state the value of the approved 2026 assistance.
#Forward-looking information and risks
Rocky Shore Gold said information concerning exploration results, the advancement and potential of its properties, gold prices and mineralisation may involve forward-looking information. The company cautioned that actual results, activity levels, performance or achievements may differ materially from those expressed or implied.
The risks identified by the company include exploration uncertainty, future commodity prices, regulatory changes, political and economic developments, environmental matters, permitting timelines, capital expenditures, technical difficulties, employee relations, property title issues, future capital requirements and uncertainty regarding additional financing. The company also cited the speculative nature of mineral exploration, competition in the mining industry, global financial conditions, uninsurable risks and changes to project parameters.
Rocky Shore Gold said there can be no assurance that its forward-looking information or the assumptions used to prepare it will prove accurate, and advised readers not to place undue reliance on those statements.
#Key Takeaways
- Rocky Shore Gold has engaged Independent Trading Group to provide market-making services under CSE policies.
- The agreement has an initial term of one month and may renew for additional one-month terms.
- Either party may terminate the arrangement with 30 days' notice; ITG will receive no shares or options as compensation.
- Rocky Shore Gold and ITG are described as unrelated and unaffiliated, with neither ITG nor its principals holding an interest in the company’s securities when the agreement was made.
- Rocky Shore Gold’s exploration portfolio includes the Gold Anchor and Rocky Pond VMS projects in central Newfoundland.
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