The Planting Hope Company Inc. (TSXV:MYLK; OTCQB:MYLKF) is pleased to announce, subject to regulatory approval, it has engaged the services of Independent Trading Group (“ITG”) to provide market-making services in accordance with TSX Venture Exchange (“TSXV”) policies. ITG will trade the subordinate voting shares of the Company (“SVS”) on the TSXV and all other trading venues with the objective of maintaining a reasonable market and improving the liquidity of the Company’s SVS.
Under the agreement, ITG will receive compensation of CAD 7,500 per month, payable monthly in advance. The agreement is for an initial term of one month and will renew for additional one-month terms unless terminated. The agreement may be terminated by either party with 30 days’ notice. There are no performance factors contained in the agreement and ITG will not receive security-based compensation of any kind as compensation in association with the engagement. ITG and the Company are unrelated and unaffiliated entities and at the time of the agreement, neither ITG nor its principals have an interest, directly or indirectly, in the securities of the Company.