VANCOUVER, British Columbia,
March 1, 2021 /CNW/ -- St.
James Gold Corp. (TSX-V: LORD) (OTCQB: LRDJF) (FSE:
BVU3), the "Company" is pleased to announce that
it has subject to regulatory approval, has retained Independent
Trading Group (ITG) to provide market-making services in compliance
with the policies and guidelines of the TSX Venture Exchange
(TSX-V) and other applicable legislation.
ITG will trade shares of St. James Gold Corp. on the TSX-V with
the objective of maintaining a orderly market and improving the
liquidity of St. James Gold Corp.'s common shares. Under the terms
of the agreement, ITG will receive $5,000 per month payable on the first business
day of each month. The engagement is effective March 1st, 2021, and has an initial term of three
months. Thereafter, the engagement will automatically renew for
successive one-month terms until terminated by either party upon 30
days prior written notice. There are no performance factors
contained in the agreement, and ITG will not receive shares or
options as compensation. St. James Gold Corp. and ITG are unrelated
and unaffiliated entities, but ITG may provide investor relations
services to St. James Gold Corp. and/or its clients which may have
an interest, directly or indirectly, in the securities of St. James
Gold Corp.
About Independent Trading Group (ITG)
ITG is an independent, privately held broker-dealer based in
Toronto, Ont., that provides a
wide range of financial and investment services, and is registered
with the Canadian Securities Exchange, NEO, Toronto Stock Exchange
and TSX-V along with the Investment Industry Regulatory
Organization of Canada
(IIROC).
About St James Gold Corp.
St. James Gold Corp. is a publicly traded company listed on the TSX
Venture Exchange under the ticker "LORD". The company is focused on
creating shareholder value through the discovery and development of
economic mineral deposits by acquiring prospective exploration
projects with well delineated geological theories, integrating all
available geological, geochemical and geophysical datasets, and
funding efficient exploration programs. The Company
currently holds an option to acquire a 100% interest in 29 claims
covering 1,791 acres in the Gander gold district in north-central
Newfoundland adjacent to New Found
Gold Corp.'s Queensway North project, and an option to acquire a
100% interest in 28 claims covering 1,730 acres in central
Newfoundland adjacent to Marathon
Gold's Valentine Lake
property.
George Drazenovic, CPA, CGA, MBA,
CFA
CEO
Forward Looking Statements
The foregoing includes forward looking statements which by their
nature are subject to risks and uncertainties. In particular there
is no assurance that the Company will be successful in its search
for high value gold assets in North
America. The Company's ability to acquire such assets is
subject to supply and demand in the market for such assets and the
financial ability of the Company to acquire such assets or obtain
financing needed to acquire such assets if identified none of which
is certain or can be guaranteed
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.
St. James Gold Corp.
For further information, please contact:
George Drazenovic, Chief Executive
Officer
Tel: +1 (800) 278-2152
Email: info@stjamesgold.com
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SOURCE St. James Gold Corp.