ESGold (OTCQB: ESAUF) engaged ICP Securities to provide automated market making using its ICP Premium™ algorithm, in line with Canadian Securities Exchange rules. The agreement started May 22, 2026, at a monthly fee of C$7,500, with an initial four-month term and automatic one-month renewals.
According to ESGold, the engagement aims to support more orderly trading, improve quote quality, and address temporary supply-demand imbalances in its shares. ICP is arm’s length, receives no equity compensation, and bears its own trading costs.
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AI-generated analysis. Not financial advice.
Positive
- Automated market making mandate with ICP Securities to support trading liquidity
- Clear cash cost disclosed: C$7,500 per month for initial four-month term
Negative
- New recurring cash outflow of C$7,500 per month for market making services
VANCOUVER, BC / ACCESS Newswire / May 25, 2026 / ESGold Corp. (CSE:ESAU)(OTCQB:ESAUF)(FSE:Z7D) (“ESGold” or the “Company”) is pleased to announce that it has engaged the services of ICP Securities Inc. (“ICP”) to provide automated market making services to the Company, including use of its proprietary algorithm, ICP Premium™, in compliance with the policies of the Canadian Securities Exchange and applicable laws.
“As ESGold continues to advance toward production and expand its shareholder base, we believe it is important that our market presence reflects the underlying progress being made by the Company,” said Gordon Robb, Chief Executive Officer of ESGold. “With the rise of algorithmic and high-frequency trading across the public markets, smaller public companies can be exposed to rapid trading activity that may amplify volatility, create short-term pricing inefficiencies, and cause the market to temporarily disconnect from the fundamentals of the business. By engaging ICP, we are taking a proactive step to support more orderly trading, improve quote quality, and help mitigate temporary imbalances in the supply and demand for our shares. This is part of our broader commitment to improving transparency, liquidity, and long-term value creation for ESGold shareholders.”
ICP will be paid a monthly fee of C
ICP is an arm’s length party to the Company and its market making activities will be used primarily to correct temporary imbalances in the supply and demand of the Company’s listed shares. ICP will be responsible for the costs it incurs in buying and selling the Company’s shares, and no third party will be providing funds or securities for the market making activities.
About ICP Securities Inc.
ICP Securities Inc. is a Toronto based CIRO dealer-member that specializes in automated market making and liquidity provision, as well as having a proprietary market making algorithm, ICP Premium™, that enhances liquidity and quote health. Established in 2023, with a focus on market structure, execution, and trading, ICP has leveraged its own proprietary technology to deliver high quality liquidity provision and execution services to a broad array of public issuers and institutional investors.
About ESGold Corp.
ESGold Corp. (CSE:ESAU)(OTCQB:ESAUF)(FSE:Z7D) is a fully permitted, fully funded, pre-production mining company advancing a scalable clean mining model across North and South America. The Company’s flagship Montauban Gold-Silver Project in Quebec is under construction with production anticipated in 2026. With a dual-track strategy of cash flow today and discovery tomorrow, ESGold is building a platform for clean, sustainable growth and long-term shareholder value.
For more information, please contact ESGold Corp. at +1-888-370-1059 or visit esgold.com for additional resources, including a French version of this press release, past news releases, a 3D model of the Montauban processing plant, media interviews, and opinion-editorial pieces.
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For further information please contact ir@esgold.com or 604-885-1348, or to connect directly, please reach out to Gordon Robb, CEO of ESGold Corp. at gordon@esgold.com or 250-217-2321.
On behalf of the Board of Directors
Gordon Robb
Chief Executive Officer & Director
info@esgold.com
+1-888-370-1059
Forward Looking Statements
This news release contains “forward-looking information” within the meaning of applicable Canadian securities laws, including statements regarding metallurgical recoveries, project economics, construction timelines, and exploration potential. Forward-looking information is based on reasonable assumptions believed to be current but involves known and unknown risks and uncertainties that may cause actual results to differ materially. Historical data referenced herein is not current, has not been independently verified by ESGold, and should not be relied upon for investment decisions. ESGold disclaims any obligation to update or revise forward-looking information except as required by law.
These forward-looking statements reflect the Company’s current views with respect to future events and are necessarily based upon a number of assumptions that, while considered reasonable by the Company, are inherently subject to significant operational, business, economic and regulatory uncertainties and contingencies. These assumptions include, among other things: ICP’s market making services and results, conditions in general economic and financial markets; accuracy of assay results; geological interpretations from drilling results, timing and amount of capital expenditures; performance of available laboratory and other related services; future operating costs; the historical basis for current estimates of potential quantities and grades of target zones; the availability of skilled labour and no labour related disruptions at any of the Company’s operations; no unplanned delays or interruptions in scheduled activities; all necessary permits, licenses and regulatory approvals for operations are received in a timely manner; the ability to secure and maintain title and ownership to properties and the surface rights necessary for operations; and the Company’s ability to comply with environmental, health and safety laws. The foregoing list of assumptions is not exhaustive.
The Company cautions the reader that forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause actual results and developments to differ materially from those expressed or implied by such forward-looking statements contained in this news release and the Company has made assumptions and estimates based on or related to many of these factors. Such factors include, without limitation: the timing and content of work programs; results of exploration activities and development of mineral properties; the interpretation and uncertainties of drilling results and other geological data; receipt, maintenance and security of permits and mineral property titles; environmental and other regulatory risks; project costs overruns or unanticipated costs and expenses; availability of funds; failure to delineate potential quantities and grades of the target zones based on historical data; general market and industry conditions; and those factors identified under the caption “Risks Factors” in the Company’s continuous disclosure documents filed on SEDAR+ at www.sedarplus.com.
Forward-looking statements are based on the expectations and opinions of the Company’s management on the date the statements are made. The assumptions used in the preparation of such statements, although considered reasonable at the time of preparation, may prove to be imprecise and, as such, readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date the statements were made. The Company undertakes no obligation to update or revise any forward-looking statements included in this news release if these beliefs, estimates and opinions or other circumstances should change, except as otherwise required by applicable law.
Neither the Canadian Securities Exchange nor its Regulation Services Provider accept responsibility for the adequacy or accuracy of this release.
SOURCE: ESGold Corp
View the original press release on ACCESS Newswire
FAQ
What did ESGold (OTCQB: ESAUF) announce about ICP Securities on May 25, 2026?
ESGold announced it engaged ICP Securities to provide automated market making services. According to ESGold, ICP will use its ICP Premium™ algorithm under an agreement starting May 22, 2026, to help address temporary imbalances in supply and demand for ESGold shares.
What are the key terms and monthly cost of ESGold’s market making deal with ICP?
ESGold will pay ICP Securities a monthly fee of C$7,500 plus taxes. According to ESGold, the initial term is four months from May 22, 2026, with automatic one-month renewals unless either party gives at least 30 days’ written notice.
Does ICP Securities receive stock options or other equity from ESGold under this agreement?
ICP does not receive stock options or additional compensation beyond the monthly cash fee. According to ESGold, there are no performance factors in the agreement, and ICP will be responsible for its own costs in buying and selling ESGold shares.
When does ESGold’s automated market making agreement with ICP start and how long can it last?
The agreement starts on May 22, 2026, with an initial four-month term. According to ESGold, it then automatically renews for successive one-month periods unless either party gives at least 30 days’ written notice before an upcoming term end.
Is ICP Securities an arm’s length party in ESGold’s market making arrangement?
Yes, ICP is described as an arm’s length party to ESGold. According to ESGold, ICP’s role is primarily to correct temporary supply-demand imbalances in the company’s listed shares, and no third party will fund its market making activities.