First Andes Silver Engages ICP Securities Inc. for Automated Market Making Services
First Andes Silver (OTC:MSLVF) has engaged ICP Securities Inc. to provide automated market making services for its shares. The agreement, starting August 22, 2025, has an initial term of four months with automatic one-month renewals thereafter.
ICP will utilize its proprietary algorithm, ICP Premium鈩�, to manage temporary supply and demand imbalances in the Company's shares. The service comes at a monthly fee of C$7,500 plus taxes, with no additional performance factors, stock options, or compensation included.
First Andes Silver (OTC:MSLVF) ha incaricato ICP Securities Inc. di fornire servizi di market making automatizzato per le proprie azioni. L'accordo, con decorrenza 22 agosto 2025, ha una durata iniziale di quattro mesi e si rinnova automaticamente di mese in mese.
ICP impiegher脿 il proprio algoritmo proprietario, ICP Premium鈩�, per gestire squilibri temporanei tra domanda e offerta sulle azioni della Societ脿. Il servizio prevede un corrispettivo mensile di C$7.500 pi霉 imposte, senza ulteriori commissioni legate alla performance, opzioni su azioni o altri compensi.
First Andes Silver (OTC:MSLVF) ha contratado a ICP Securities Inc. para que proporcione servicios automatizados de creaci贸n de mercado para sus acciones. El acuerdo, que comienza el 22 de agosto de 2025, tiene una vigencia inicial de cuatro meses y se renovar谩 autom谩ticamente por meses adicionales.
ICP utilizar谩 su algoritmo propietario, ICP Premium鈩�, para gestionar desequilibrios temporales entre oferta y demanda de las acciones de la Compa帽铆a. El servicio tiene un honorario mensual de C$7,500 m谩s impuestos, sin factores de rendimiento adicionales, opciones sobre acciones ni compensaciones extra.
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ICP電� 鞛愳泊 鞎岅碃毽鞚� ICP Premium鈩㈧潉 靷毄頃橃棳 須岇偓 欤检嫕鞚� 鞚检嫓鞝侅澑 靾橁笁 攵堦窢順曥潉 甏�毽暊 鞓堨爼鞛呺媹雼�. 鞚� 靹滊箘鞀れ潣 鞗� 靾橃垬耄岆姅 C$7,500(靹戈笀 氤勲弰)鞚措┌, 靹标臣 旮半皹 靾橃垬耄�, 鞀ろ啞鞓奠厴 霕愲姅 於旉皜 氤挫儊鞚� 韽暔霅橃 鞎婌姷雼堧嫟.
First Andes Silver (OTC:MSLVF) a mandat茅 ICP Securities Inc. pour fournir des services de market making automatis茅 sur ses actions. L'accord, d茅butant le 22 ao没t 2025, a une dur茅e initiale de quatre mois et se renouvelle automatiquement par mois suppl茅mentaires.
ICP utilisera son algorithme propri茅taire, ICP Premium鈩�, pour g茅rer les d茅s茅quilibres temporaires entre l'offre et la demande des actions de la Soci茅t茅. Le service est factur茅 C$7,500 par mois hors taxes, sans facteurs de performance suppl茅mentaires, options sur actions ou autres compensations.
First Andes Silver (OTC:MSLVF) hat ICP Securities Inc. beauftragt, automatisierte Market-Making-Dienstleistungen f眉r seine Aktien zu erbringen. Die Vereinbarung beginnt am 22. August 2025 und hat eine anf盲ngliche Laufzeit von vier Monaten mit automatischer Verl盲ngerung um jeweils einen Monat.
ICP wird seinen propriet盲ren Algorithmus ICP Premium鈩� einsetzen, um vor眉bergehende Ungleichgewichte von Angebot und Nachfrage der Aktien des Unternehmens zu steuern. Die Dienstleistung wird mit einer monatlichen Geb眉hr von C$7.500 zuz眉glich Steuern verg眉tet; leistungsabh盲ngige Geb眉hren, Aktienoptionen oder sonstige Verg眉tungen sind nicht enthalten.
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Vancouver, British Columbia--(Newsfile Corp. - August 22, 2025) - FIRST ANDES SILVER LTD. (TSXV: FAS) (OTC Pink: MSLVF) (FSE: 9TZ0) (the "Company" or "First Andes") today announced announce that it has engaged the services of ICP Securities Inc. ("ICP") to provide automated market making services, including use of its proprietary algorithm, ICP Premium™, in compliance with the policies and guidelines of the TSX Exchange and other applicable legislation. ICP will be paid a monthly fee of C
The agreement between the Company and ICP was signed with a start date of August 22, 2025, and is for four (4) months (the "Initial Term") and shall be automatically renewed for subsequent one (1) month terms (each month called an "Additional Term") unless either party provides at least thirty (30) days written notice prior to the end of the Initial Term or an Additional Term, as applicable. There are no performance factors contained in the agreement and no stock options or other compensation in connection with the engagement. ICP does not currently own any securities of the Company.
ICP is an arm's length party to the Company. ICP's market making activity will be primarily to correct temporary imbalances in the supply and demand of the Company's shares. ICP will be responsible for the costs it incurs in buying and selling the Company's shares, and no third party will be providing funds or securities for the market making activities.
About ICP Securities Inc.
ICP Securities Inc. is a Toronto based CIRO dealer-member that specializes in automated market making and liquidity provision, as well as having a proprietary market making algorithm, ICP Premium™, that enhances liquidity and quote health. Established in 2023, with a focus on market structure, execution, and trading, ICP has leveraged its own proprietary technology to deliver high quality liquidity provision and execution services to a broad array of public issuers and institutional investors.
About First Andes Silver Ltd.
First Andes Silver Ltd. is a British Columbia company that holds a
For more information, please contact:
Colin Smith, CEO & Director
Phone: 604 806-0626 (ext. 108)
E-mail: [email protected]
Forward-Looking Statements
Information set forth in this news release contains forward-looking statements that are based on assumptions as of the date of this news release. These statements reflect management's current estimates, beliefs, intentions and expectations. They are not guarantees of future performance. The
Company cautions that all forward-looking statements are inherently uncertain and that actual performance may be affected by a number of material factors, many of which are beyond the Company's control. Such factors include, among other things: risks and uncertainties relating to Company's limited operating history, ability to obtain sufficient financing to carry out its exploration programs and the need to comply with environmental and governmental regulations. Accordingly, actual and future events, conditions and results may differ materially from the estimates, beliefs, intentions and expectations expressed or implied in the forward-looking information. Except as required under applicable securities legislation, the Company undertakes no obligation to publicly update or revise forward-looking information.
The forward-looking statements contained in this news release are made as of the date of this news release. Except as required by law, the Company disclaims any intention and assumes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
Neither the TSX Venture Exchange nor its Regulation Service 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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FAQ
What services will ICP Securities provide to First Andes Silver (MSLVF)?
How much will First Andes Silver (MSLVF) pay for ICP's market making services?
What is the duration of First Andes Silver's agreement with ICP Securities?
Does ICP Securities currently own any shares of First Andes Silver (MSLVF)?
