Nicola Mining Inc. (NASDAQ: NICM) (TSX.V: NIM) (FSE: HLIA) announced it has engaged ICP Securities Inc. to provide automated market making services using its ICP Premium™ algorithm, in accordance with TSX Venture Exchange policies. The agreement, effective April 27, 2026, includes a monthly fee of C$7,500 and an initial four-month term with automatic one-month renewals. ICP will act as an arm’s length party focused on addressing short-term supply and demand imbalances in the Company’s shares, without performance-based compensation or third-party funding.
This move is significant for Nicola Mining as it seeks to enhance liquidity and stability in its stock trading. Market making services are designed to ensure that there is always a buyer and seller available, which can reduce volatility and make it easier for investors to trade shares. For a junior mining company like Nicola, improved liquidity can attract more institutional investors and support the company’s financing efforts for its projects.
Nicola Mining is a junior mining company that maintains a 100% owned mill and tailings facility located near Merritt, British Columbia. It has signed Mining and Milling Profit Share Agreements with high grade gold projects. The company’s fully permitted mill can process both gold and silver mill feed via gravity and flotation processes. Additionally, Nicola owns 100% of the New Craigmont Project, a high-grade copper property covering 10,913 hectares along the southern end of the Guichon Batholith, adjacent to Highland Valley Copper, Canada’s largest copper mine. The company also owns 100% of the Treasure Mountain Property, which includes 30 mineral claims and a mineral lease spanning over 2,200 hectares.
The engagement of ICP Securities is a strategic step to support the trading of Nicola’s shares, particularly as the company advances its projects. By utilizing an automated algorithm, ICP can provide continuous liquidity without the potential conflicts of performance-based incentives. This arrangement is common among publicly traded companies, especially those listed on the TSX Venture Exchange, where market making can be crucial for maintaining an orderly market.
For investors and industry observers, this news underscores Nicola Mining’s commitment to improving shareholder value through enhanced market mechanics. The automated market making service is expected to reduce bid-ask spreads and mitigate price fluctuations, making the stock more attractive to a broader range of investors. As the company continues to develop its gold and copper assets, a stable stock price can facilitate capital raising and project advancement.
For more information about Nicola Mining and its projects, visit the company’s newsroom at https://ibn.fm/NICM. The full press release is available at https://ibn.fm/I27tx.
