Casa Minerals Inc. Engages Independent Trading Group as Market Maker

Rhea-AI Summary

Casa Minerals (OTCQB: CASXF) engaged Independent Trading Group (ITG) to provide market-making services, subject to regulatory approval. According to Casa Minerals, ITG will trade the company's shares across venues to help maintain a reasonable market and improve liquidity.

The agreement pays CAD$6,000 per month, is for an initial one-month term that automatically renews monthly, and may be terminated by either party with 30 days' notice. ITG receives no shares or options and neither party held an interest in Casa's securities at the time of the agreement.

Positive

• Engaged ITG to provide dedicated market-making services
• Agreement specifies fixed compensation of CAD$6,000 per month
• Initial one-month term with automatic monthly renewals

Negative

• Ongoing cash outflow of CAD$6,000 per month
• No performance factors included to guarantee improved liquidity

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Vancouver, British Columbia--(Newsfile Corp. - March 31, 2026) - Casa Minerals Inc. (TSXV: CASA) (OTCQB: CASXF) (FSE: 0CM) (the "Company" or "Casa") announces that, subject to regulatory approval, it has engaged the services of Independent Trading Group ("ITG") to provide market-making services in accordance with TSX Venture Exchange ("TSXV") policies. ITG will trade shares of the Company on the TSXV and all other trading venues with the objective of maintaining a reasonable market and improving the liquidity of the Company's common shares.

Under the agreement, ITG will receive compensation of CAD$6,000 per month, payable monthly in advance. The agreement is for an initial term of one month and will renew for additional one-month terms unless terminated. The agreement may be terminated by either party with 30 days' notice. There are no performance factors contained in the agreement and ITG will not receive shares or options as compensation. ITG and the Company are unrelated and unaffiliated entities and at the time of the agreement, neither ITG nor its principals have an interest, directly or indirectly, in the securities of the Company.

About Independent Trading Group
Independent Trading Group (ITG) Inc. is a Toronto based CIRO dealer-member that specializes in market making, liquidity provision, agency execution, ultra-low latency connectivity, and bespoke algorithmic trading solutions. Established in 1992, with a focus on market structure, execution and trading, ITG 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 Casa Minerals Inc.
Casa Minerals Inc. is a mineral exploration company focused on gold, copper, and strategic minerals exploration in North America. The Company holds a 90% interest in the historic Congress Gold Mine in Arizona and is advancing multiple projects in British Columbia, including the Arsenault copper-gold-silver project. Casa's experienced management team is committed to creating shareholder value through the discovery and development of economic mineral deposits. For more information, please visit: www.casaminerals.com

ON BEHALF OF THE BOARD OF DIRECTORS
Farshad Shirvani, M.Sc. Geology
President, CEO and Director

For more information, please contact:
Casa Minerals Inc.
Farshad Shirvani, President & CEO
Phone: (604) 678-9587
Email: contact@casaminerals.com

CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS
This news release contains "forward-looking information" within the meaning of applicable Canadian securities legislation. Forward-looking information includes, but is not limited to, statements regarding: the Company's exploration plans and programs for 2026; anticipated drilling activities at the Congress Gold Mine Project; the classification and prioritization of exploration zones; expectations regarding resource definition and the potential to advance the project to NI 43-101 compliant standards; interpretations of historic drill data and 3D geological models; mineralization potential and domain expansion; and mobilization of field personnel. Forward-looking information is based on the opinions and estimates of management at the date the information is made and is subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those anticipated. Such factors include, without limitation: uncertainties regarding exploration results; risks related to the accuracy and completeness of historic data; the inability to verify historic assay results; variations in mineralization and grade; the speculative nature of mineral exploration; challenges in obtaining required permits and approvals; fluctuations in commodity prices; availability of financing; changes in economic and market conditions; environmental and regulatory risks; operating hazards; and other risks inherent in the mineral exploration industry. The Company does not undertake to update any forward-looking information, except in accordance with applicable securities laws.

NEITHER TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/290753

FAQ

What did Casa Minerals (CASXF) announce about market-making on March 31, 2026?

Casa Minerals announced it engaged Independent Trading Group to provide market-making services. According to Casa Minerals, the agreement aims to maintain a reasonable market and improve liquidity, is subject to regulatory approval, and pays CAD$6,000 monthly.

How much will Casa Minerals (CASXF) pay Independent Trading Group each month?

Casa Minerals will pay Independent Trading Group CAD$6,000 per month in advance. According to Casa Minerals, the fee is fixed, payable monthly, and the engagement does not include equity or option compensation to ITG.

What is the term and termination notice for the ITG market-making agreement for CASXF?

The agreement has an initial one-month term and renews monthly unless terminated. According to Casa Minerals, either party may terminate the arrangement with 30 days' written notice to the other party.

Will ITG receive shares or options as compensation from Casa Minerals (CASXF)?

No, ITG will not receive shares or options as compensation under the agreement. According to Casa Minerals, compensation is strictly monetary and there are no performance-based equity awards in the contract.

Does ITG have any ownership interest in Casa Minerals (CASXF) at the time of the agreement?

No, ITG and its principals did not hold an interest in Casa Minerals' securities when the agreement was signed. According to Casa Minerals, the parties are unrelated and unaffiliated at the time of the engagement.