Nicola Mining Inc. (NASDAQ: NICM) (TSX.V: NIM) (FSE: HLIA) has engaged ICP Securities Inc. to provide automated market making services using its ICP Premium algorithm, effective April 27, 2026, according to a press release. The agreement, which complies with TSX Venture Exchange policies, includes a monthly fee of C$7,500 and an initial four-month term that automatically renews on a month-to-month basis. ICP Securities will act as an arm's length party, focusing on addressing short-term supply and demand imbalances in the company's shares. No performance-based compensation or third-party funding is involved.
Automated market making programs are designed to enhance liquidity and reduce share price volatility by continuously quoting bid and ask prices. For a junior mining company like Nicola, improved liquidity can make shares more attractive to investors and potentially support a more orderly market. The engagement of ICP Securities signals Nicola's proactive approach to market-making, a common practice among smaller public companies seeking to stabilize their stock trading.
Nicola Mining is a junior mining company with a fully permitted mill and tailings facility near Merritt, British Columbia. The company owns 100% of the New Craigmont Project, a high-grade copper property covering 10,913 hectares adjacent to Highland Valley Copper, Canada's largest copper mine. Additionally, Nicola holds the Treasure Mountain Property, consisting of 30 mineral claims and a mineral lease spanning over 2,200 hectares. The company also has profit share agreements with high-grade gold projects.
The move to engage ICP Securities comes as Nicola continues to develop its assets and seek financing. Improved market making could facilitate capital raising efforts by providing a more liquid trading environment. Investors should note that the service is designed to mitigate short-term imbalances and does not guarantee price stability or increased trading volume.
For more details on the agreement, visit the full press release at https://ibn.fm/I27tx. The latest news and updates on Nicola Mining are available at https://ibn.fm/NICM.
