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Palisades Goldcorp Ltd. ( (TSE:PALI) ) has shared an announcement.
Palisades Goldcorp Ltd. has engaged Independent Trading Group (ITG) to provide market-making services to enhance the liquidity of its common shares on the TSX Venture Exchange. This agreement, subject to regulatory approval, aims to maintain a reasonable market for Palisades’ shares, with ITG trading the shares across various venues. The collaboration with ITG, which specializes in market making and liquidity provision, is expected to positively impact Palisades’ market presence and shareholder value by improving share liquidity.
More about Palisades Goldcorp Ltd.
Palisades Goldcorp Ltd. is a resource investment company focused on junior companies in the resource and mining sector. It aims to acquire equity in pre-IPO and early-stage public resource companies with high-quality projects that are undeveloped or undervalued. The company targets firms needing financial resources to reach their potential, are undervalued in capital markets, or operate in low to moderate political risk areas. Palisades is listed on the TSX Venture Exchange under the symbol ‘PALI’ and holds a diverse portfolio, including a significant interest in New Found Gold Corp.
YTD Price Performance: -5.84%
Average Trading Volume: 21,367
Technical Sentiment Signal: Buy
Current Market Cap: C$74.65M
Learn more about PALI stock on TipRanks’ Stock Analysis page.