InvestSMART

Resouro Strategic Metals Inc (ASX:RAU)

ALERT: Price-sensitive ASX Announcement for RAU
Current share price for RAU : $0.300 0.035 (13.21%)+
Announcement
Release
28 Oct 2025 9:02AM
Price at Release
$0.265
Full Release
download
Summary
Resouro Strategic Metals Inc. has announced that it has engaged Independent Trading Group INC. to provide market-making services on the TSX Venture Exchange to enhance market depth and liquidity of the company's shares. The agreement, which began on October 22, 2025, is subject to regulatory approval and includes a monthly fee of $7,000. Resouro is focused on advancing mineral exploration projects in Brazil, including the Tiros Titanium-Rare Earths Project.
Key Points
  • Resouro Strategic Metals Inc. engages Independent Trading Group INC. to provide market-making services.
  • The engagement is subject to regulatory approval and complies with TSX Venture Exchange policies.
  • Independent Trading Group INC. will receive a $7,000 monthly fee for their services.
  • The agreement is initially for one month and automatically renews unless terminated with 30 days’ notice.
  • The market-making services aim to enhance market depth and contribute to liquidity by entering orders on both sides of the book.
  • Resouro is a mineral exploration and development company focused on projects in Brazil, namely the Tiros Titanium-Rare Earths Project and the Novo Mundo Gold Project.
  • The Tiros project comprises 28 mineral concessions with significant resource estimates in titanium dioxide and rare earths oxides.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.