Highland Copper Engages Velocity Trade Capital for Market Making Services

Rhea-AI Summary

Highland Copper Company has engaged Velocity Trade Capital Ltd. to provide market making services, aiming to maintain an orderly market and improve share liquidity. The agreement includes Velocity Trade participating in trading Highland's shares to reduce volatility. Highland will pay Velocity Trade $6,000 monthly, with either party able to terminate the contract after 60 days with 30 days notice. Velocity Trade is an independent investment dealer headquartered in Toronto, regulated across multiple jurisdictions including Canada, UK, Netherlands, Australia, South Africa, and Singapore. The engagement is subject to TSX Venture Exchange acceptance.

Positive

• Engagement of professional market maker could improve stock liquidity and reduce volatility
• Partnership with globally regulated investment dealer adds credibility
• Flexible termination terms (60-day initial period with 30-day notice) minimize long-term commitment risk

Negative

• Additional monthly expense of $6,000 for market making services

VANCOUVER, British Columbia, June 20, 2025 (GLOBE NEWSWIRE) -- Highland Copper Company Inc. (TSXV: HI; OTCQB: HDRSF) (“Highland” or the “Company”) is pleased to announce that it has engaged Velocity Trade Capital Ltd. (“Velocity Trade”) to provide market making services to the Company in accordance with applicable securities laws and the policies of the TSX Venture Exchange ("Exchange"). Velocity Trade will participate in trading of the Company’s shares from time to time in order to maintain an orderly market, with a view to reducing trading volatility and improving the liquidity of the Company's shares. The funding and securities required for these services undertaken will be provided by Velocity Trade.

In consideration of the market liquidity services, Highland has agreed to pay Velocity Trade a monthly fee equal to $6,000 per month, and after a period of sixty days, either party may terminate the contract by providing the other with 30 days prior written notice of termination.

Velocity Trade is a private and independent investment dealer headquartered in Toronto, Ontario, and is registered for trading in the provinces of Ontario, Quebec, British Columbia, Alberta, and Manitoba. Velocity Trade is a member of the TMX, and of the Canadian Investment Regulatory Organization (CIRO). Additionally, the firm and its affiliate companies are regulated internationally by the UK’s Financial Conduct Authority (FCA), the Authority for Financial Markets (AFM) in the Netherlands, the Australian Securities and Investments Commission (ASIC), South Africa’s Financial Sector Conduct Authority (FSCA), and the Monetary Authority of Singapore (MAS), among others.

Velocity Trade and Highland are not related parties and have no other agreements other than the market liquidity agreement which is the subject of this news release.

The engagement of Velocity Trade to provide market liquidity services to Highland is subject to acceptance of the TSX Venture Exchange.

About Highland Copper Company

Highland Copper Company Inc. is a Canadian company focused on exploring and developing copper projects in the Upper Peninsula of Michigan, U.S.A. The Company owns the Copperwood deposit through long-term mineral leases and 34% of the White Pine North project through a joint venture with Kinterra Copper USA LLC. The Company also owns surface rights securing access to the Copperwood deposit and providing space for infrastructure at Copperwood as required. The Company has 736,363,619 common shares issued and outstanding. Its common shares are listed on the TSX Venture Exchange under the symbol "HI" and trade on the OTCQB Venture Market under the symbol "HDRSF."

More information about the Company is available on the Company’s website at www.highlandcopper.com and on SEDAR+ at www.sedarplus.ca.

Neither the 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.

For further information or media requests, please contact:

Barry O’Shea, CEO
Email: info@highlandcopper.com
Website: www.highlandcopper.com

FAQ

What services will Velocity Trade provide to Highland Copper (HDRSF)?

Velocity Trade will provide market making services to Highland Copper, participating in share trading to maintain an orderly market, reduce volatility, and improve share liquidity.

How much will Highland Copper pay Velocity Trade for market making services?

Highland Copper will pay Velocity Trade a monthly fee of $6,000 for market making services.

What are the termination terms for Highland Copper's agreement with Velocity Trade?

After an initial 60-day period, either party can terminate the agreement by providing 30 days prior written notice.

In which jurisdictions is Velocity Trade regulated?

Velocity Trade is regulated in Canada (CIRO, TMX), UK (FCA), Netherlands (AFM), Australia (ASIC), South Africa (FSCA), and Singapore (MAS).