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Thunder Mountain Gold ( (TSE:THM) ) has provided an announcement.
Thunder Mountain Gold has signed a market making services agreement with Toronto-based Independent Trading Group (ITG) to support trading in its shares, effective April 1, 2025. Under the arrangement, ITG will provide market making through an experienced approved trader in return for a monthly fee of C$6,000, funded from Thunder Mountain Gold’s existing cash and working capital, with an initial one-month term that automatically renews and can be terminated by either party on 30 days’ notice; the company plans to reassess the agreement’s duration in early 2026, signaling a bid to improve liquidity and trading stability for shareholders without diluting ownership, as ITG holds no equity stake or rights in the company.
More about Thunder Mountain Gold
Thunder Mountain Gold Inc., founded in 1935, is a junior exploration company focused on base and precious metals projects in the western United States. Its principal asset is the South Mountain Mine in Owyhee County, Idaho, a historic former Anaconda Copper Company development producing zinc, silver, gold, lead, and copper, and it also owns 100% of the Trout Creek gold exploration project in Nevada, situated near and surrounded by properties of Nevada Gold Mines, the Barrick–Newmont joint venture.
Average Trading Volume: 34,644
Technical Sentiment Signal: Buy
Current Market Cap: C$90.45M
For a thorough assessment of THM stock, go to TipRanks’ Stock Analysis page.