Aion Therapeutic Inc. (CSE: AION) (“Aion Therapeutic” or the “Company”) is pleased to announce that it has entered into a market making services agreement (the “Agreement”) with Independent Trading Group (ITG) Inc. (“ITG”) to provide market making services in accordance with Canadian Securities Exchange (the “CSE”) policies (the “Services”). ITG will trade shares of the Company on the CSE with the goal of maintaining a reasonable market and increasing the liquidity of the Company’s common shares.
Effective March 1, 2024, the Company hired ITG to supply the Services for a monthly price of $5,000 plus applicable taxes. The agreement has an initial period of one year and will renew for consecutive one-month terms unless one of the parties provides thirty days written notice of termination or either party terminates the agreement for cause.
The agreement contains no performance criteria, and ITG will not receive common shares or opportunities to purchase common shares as compensation for the Services. ITG and the Company are unconnected and unaffiliated organizations, and at the time of the agreement, neither ITG nor its principals held a direct or indirect interest in the Company’s securities. ITG is a member of the Canadian Investment Regulatory Organization (CIRO) and has access to all Canadian stock exchanges and alternative trading systems. ITG shall supply the funds and securities required for any trade in which it acts as the principal.
About Independent Trading Group (ITG), Inc.
Independent Trading Group (ITG) Inc. is Canada’s exclusive brokerage firm dedicated to professional trading. ITG, Canada’s leading market-making firm, offers objective and focused market-making and liquidity services. ITG employs genuine traders and offers real liquidity, with a focus on ethics and success.