North Peak Resources Ltd. (TSXV: NPR) has announced it has re-engaged ICP Securities Inc. to provide automated market making services effective October 15, 2026, replacing its existing arrangement with Independent Trading Group (ITG), Inc. The new agreement covers a monthly fee of C$7,500 plus applicable taxes for an initial four-month term. The transition comes as ITG's market making agreement terminates on October 31, 2026, with ITG continuing to serve the company through that date. Investors in the gold exploration company may be watching the move as a signal of ongoing efforts to support share liquidity.

Key Points

  • North Peak Resources Ltd. (TSXV: NPR; OTCQB: NPRLF) is a Calgary-based gold exploration and development company.
  • The company has re-engaged ICP Securities Inc. for automated market making services, effective October 15, 2026.
  • ICP will receive C$7,500 per month plus applicable taxes under an initial four-month term, auto-renewing monthly thereafter.
  • Investors may watch whether the transition supports improved liquidity in NPR common shares following the ITG wind-down on October 31, 2026.

Terms of the ICP Securities Market Making Agreement

Under the agreement, ICP Securities Inc. will receive a monthly service fee of C$7,500 plus applicable taxes. The initial term runs for four months from October 15, 2026, and automatically renews for successive one-month periods unless either party provides at least 30 days' written notice before the end of any term. Either party may also terminate with 30 days' prior written notice. The release states there are no performance factors, equity incentives, or additional compensation beyond the monthly service fee, and ICP will bear all costs incurred in buying and selling the company's common shares.

ICP Premium® Algorithm and Liquidity Mandate

ICP Securities Inc. is a Toronto-based Canadian Investment Regulatory Organization dealer-member that will deploy its proprietary ICP Premium® algorithm as part of the service. The company's market making activities are intended primarily to correct temporary supply and demand imbalances in North Peak's common shares, consistent with TSX Venture Exchange policies and applicable securities legislation. The release confirms ICP holds no direct or indirect interest in North Peak's securities at this time and is an arm's length party to the company.

ITG Agreement Termination and North Peak's Exploration Background

North Peak's existing agreement with Independent Trading Group (ITG), Inc. will terminate effective October 31, 2026, with ITG continuing market making services through that date. North Peak describes itself as a Canadian-based gold exploration and development company founded by the team behind Kirkland Lake Gold and Rupert Resources. Its flagship asset is the Prospect Mountain Mine Complex in Nevada's Southern Eureka Gold Belt, where gold, silver, Carlin-style, carbonate replacement, and skarn-style mineralisation have been identified. A Plan of Operations covering 189 acres is in place permitting surface exploration and underground mining of up to 365,000 tons per annum.