TORONTO, June 30, 2014 /CNW/ - (TSXV: GMN) GobiMin Inc. (the "Company" or "GobiMin") wishes to announce that, subject to TSX Venture Exchange approval, it will retain The Liquidity Group Inc. ("TLG") to provide market-making services to assist in maintaining an orderly trading market for the common shares of the Company.
The market-making activity will be conducted using a registered broker in compliance with Policy 3.4 of the TSX Venture Exchange Corporate Finance Manual, IIROC's "Universal Market Integrity Rules & Policies (2010)" and other relevant policies. Under the terms of the agreement, which will have effect from the date of regulatory approval, and which is terminable at any time, TLG will receive compensation of CAD4,000 per month following a trial period. TLG will not receive shares or options as compensation and both parties confirm that capital for the purposes of market-making will not be provided from GobiMin's treasury. GobiMin and TLG are unrelated and unaffiliated entities.
"Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release."
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SOURCE: GobiMin Inc.
For further information: Felipe Tan, Chief Executive Officer, Tel: (852) 3586-6500, Email: firstname.lastname@example.org