Power Metallic keeps Red Cloud as liquidity provider at $7,000 per month
Reuters2026/07/30 07:01Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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- Power Metallic engaged Red Cloud Securities to provide market stabilization and liquidity services for its common shares.
- Red Cloud will trade the shares to help maintain an orderly market and improve liquidity; the mandate is ongoing.
- Power Metallic pays CAD 7,000 a month, payable quarterly in advance; either party can terminate with 30 days’ notice.
- Red Cloud began the engagement in July 2023; it has an arm’s-length relationship, though Red Cloud or clients may hold shares.
Disclaimer:
This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Power Metallic Mines Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: 202607300300PR_NEWS_USPR_____TO15755) on July 30, 2026, and is solely responsible for the information contained therein.
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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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