Vortex Energy Corp. (CSE: VRTX | OTC: VTECF | FRA: AA3) (“Vortex” or the “Company“) is pleased to announce that it has appointed Independent Trading Group, Inc. (“ITG“) as a market maker for its shares traded on the Canadian Securities Exchange (“CSE“).
ITG is a leading Canadian broker dealer, providing liquidity and execution services to clients around the world. As a market maker for Vortex, ITG will strive to enhance the liquidity of, and contribute to a fair and orderly market for, Vortex’s shares in accordance with the policies of the CSE by buying and selling Vortex’s shares on the CSE as well as other alternative Canadian trading venues.
Paul Sparkes, CEO of Vortex, commented, “ITG brings tremendous experience and commitment to outstanding client service, which we believe will help Vortex deliver the best possible trading experience for our investors. This is an important step forward for the Company and we are eager to work with ITG.”
“ITG is excited to be working with Vortex to provide market-making services to their growing shareholder base,” said ITG’s Managing Director, Jeff Gamble. “Our experienced traders and proven technology will help to provide a liquid and efficient trading environment for Vortex shares.”
ITG is a wholly owned subsidiary of DVX Capital Markets. The contract with ITG is for an initial 3-month period, with automatic monthly extensions thereafter for a monthly fee of CDN $5,000. ITG will not receive shares or options as compensation for its services. ITG and Vortex are unrelated and unaffiliated entities and, at the time of the agreement for ITG’s services, to the knowledge of the Company, neither ITG nor its principals have an interest, directly or indirectly, in the securities of the Company.