OTTAWA, Feb. 10, 2012 /CNW/ - In-Touch Survey Systems Ltd. ("In-Touch") (TSXV: INX) announces that it has retained Venture Liquidity Providers Inc. ("VLP") to initiate its Market Making Service. The Market Making Service will be undertaken by VLP through a registered broker, W.D. Latimer Co. Limited, in compliance with the guidelines of the TSX Venture Exchange.
VLP is a Specialized Consulting Firm based in Toronto providing a variety of services focused on TSX Venture Exchange-listed issuers. In consideration for their services, In-Touch has agreed to pay VLP $5,000 per month for a period of 12 months. The agreement may be terminated at any time by In-Touch or VLP. In-Touch and VLP act at arm's length, and VLP has no present interest, directly or indirectly, in In-Touch or its securities. The agreement is subject to regulatory approval.
Certain statements included in this news release contain forward looking statements, which by their nature are necessarily subject to risks and uncertainties and other factors that may cause actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Such statements reflect the Company's current views with respect to future events, and are based on information currently available to the Company and on hypotheses which it considers to be reasonable; however, management warns the reader that hypotheses relative to future events which are beyond the control of management could prove to be false, given that they are subject to certain risks and uncertainties.
The TSX Venture Exchange has not reviewed the foregoing and has neither approved or disapproved the
contents of this press release.
For further information:
Controller and Corporate Secretary