Dec 18, 2017
Copper North Announces Retention of Market Maker
December 18, 2017 - Vancouver, British Columbia -- Copper North Mining Corp. ("Copper North" or the "Company") (TSX-V.COL), announces that, subject to regulatory approval, it has retained Mackie Research Capital Corporation ("Mackie") to provide market making services to the Company in compliance with the policies and guidelines of the TSX Venture Exchange (the "TSXV") and other applicable legislation.
Mackie will trade shares of Copper North on the TSXV for the purposes of providing market stability and liquidity in the trading of Copper North's common shares. The Company has agreed to pay Mackie $3,500 per month during the term, payable quarterly in advance. The engagement may be terminated by either party with written notice of 60 days. The Company and Mackie act at arm's length, but Mackie may provide investment banking services to Copper North and Mackie and/or its clients may have an interest, directly or indirectly, in the securities of Copper North. The agreement is principally for the purposes of maintaining market stability and liquidity for the Company's common shares and is not a formal market making agreement. There are no performance factors contained in the agreement between Mackie and the Company and Mackie will not receive any shares or options from the Company as compensation for services it will render.
About Mackie Research Capital Corporation
Mackie is one of Canada's largest independent full service investment firms, and proudly traces its roots back to 1921. Mackie is privately owned by many of its 300 employees. As a fully integrated national investment dealer, Mackie offers a full complement of capital markets and wealth management services to private clients, institutions and growth companies.
About Copper North
Copper North is a Canadian mineral exploration and development company. Its assets include the Carmacks Project located in the Yukon, the Redstone Property located in the Northwest Territories, and the Thor Property in British Columbia. Copper North trades on the TSX Venture Exchange under the symbol COL.
On behalf of the Board of Directors:
Dr. Harlan Meade
President, CEO and Director
For Further Information
Dr. Harlan Meade
President and Chief Executive Officer
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