Nicola Mining Inc. (NASDAQ: NICM) (TSX.V: NIM) (FSE: HLIA) announced it has engaged ICP Securities Inc. to provide automated market making services using its ICP Premium
algorithm, in accordance with TSX Venture Exchange policies. The agreement, effective April 27, 2026, includes a monthly fee of C$7,500 and an initial four-month term with automatic one-month renewals. ICP will act as an arm’s length party focused on addressing short-term supply and demand imbalances in the Company’s shares, without performance-based compensation or third-party funding.
This engagement aims to enhance liquidity and reduce volatility in Nicola Mining’s stock, which could benefit current and potential shareholders. Automated market making algorithms are designed to continuously quote bid and ask prices, narrowing spreads and facilitating smoother trading. For a junior mining company like Nicola, improved market making can increase investor confidence and make the stock more attractive to institutional investors.
Nicola Mining is a junior mining company listed on the TSX Venture Exchange and the Frankfurt Exchange. The company maintains a 100% owned mill and tailings facility near Merritt, British Columbia. It has signed Mining and Milling Profit Share Agreements with high-grade gold projects. Nicola’s fully permitted mill can process both gold and silver mill feed via gravity and flotation processes. The company also owns 100% of the New Craigmont Project, a high-grade copper property covering 10,913 hectares along the southern end of the Guichon Batholith, adjacent to Highland Valley Copper, Canada’s largest copper mine. Additionally, Nicola owns 100% of the Treasure Mountain Property, which includes 30 mineral claims and a mineral lease spanning over 2,200 hectares.
The market making services agreement is a strategic move to support the company’s stock performance amid its ongoing development activities. The full press release is available at https://ibn.fm/I27tx. For the latest news and updates relating to NICM, visit the company’s newsroom at https://ibn.fm/NICM.
This development underscores the importance of market liquidity for junior resource companies, which often face challenges in attracting investor attention. By engaging a professional market maker, Nicola Mining aims to ensure that its shares trade in an orderly manner, potentially reducing the cost of capital over time. The use of algorithmic market making is a common practice among listed companies to maintain a stable trading environment.
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