CKG Chesapeake Gold Corp.

Chesapeake Engages ICP Securities Inc. for Automated Market Making Services

Vancouver, British Columbia--(Newsfile Corp. - September 3, 2024) - Chesapeake Gold Corp. (TSXV: CKG) (OTCQX: CHPGF) ("Chesapeake" or the "Company") is pleased to announce that it has engaged the services of ICP Securities Inc. ("ICP") to provide automated market making services, including use of its proprietary algorithm, ICP Premium™, in compliance with the policies and guidelines of the TSX Venture Exchange and other applicable legislation. The Company will pay ICP a fee of C$7,500 plus applicable taxes per month, payable monthly in advance. The agreement between the Company and ICP is for an initial term of four (4) months (the "Initial Term") commencing September 9, 2024, and shall be automatically renewed for subsequent one (1) month terms (each an "Additional Term") unless either party provides at least thirty (30) days written notice prior to the end of the Initial Term or an Additional Term, as applicable. There are no performance factors contained in the agreement and no stock options or other compensation being granted in connection with the engagement. ICP does not have any interest in the Company or its securities, directly or indirectly, but may acquire an interest in the securities of the Company in the future.

ICP is an arm's length party to the Company. ICP's market making activity will be primarily to correct temporary imbalances in the supply and demand of the Company's shares. ICP will be responsible for the costs it incurs in buying and selling the Company's shares, and no third party will be providing funds or securities for the market making activities.

For Further Information:

For more information on Chesapeake, its Metates and Lucy Projects or proprietary oxidative leach technology, please visit our website at or contact Jean-Paul Tsotsos at or .

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.

About ICP Securities Inc.

ICP Securities Inc. (ICP) is a Toronto based CIRO dealer-member that specializes in automated market making and liquidity provision, as well as having a proprietary market making algorithm, ICP Premium™, that enhances liquidity and quote health. Established in 2023, with a focus on market structure, execution, and trading, ICP has leveraged its own proprietary technology to deliver high quality liquidity provision and execution services to a broad array of public issuers and institutional investors. ICP is a closely held private Canadian corporation.

About Chesapeake

Chesapeake Gold Corp's flagship asset is the Metates Project ("Metates") located in Durango State, Mexico. Metates hosts one of the largest undeveloped gold-silver deposits in the Americas[1] with over 16.77 million ounces of gold at 0.57 grams per tonne (g/t) and 423.2 million ounces of silver at 14.3 g/t within 921.2 million tonnes in the Measured and Indicated Mineral Resource category and a further 2.13 million ounces of gold at 0.47 g/t and 59.0 million ounces of silver at 13.2 g/t within 139.5 million tonnes in the Inferred Mineral Resource category. See the technical report titled "Metates Sulphide Heap Leach Project Phase I" dated January 13, 2023, and news release dated February 23, 2023.


[1] Mexico's biggest undeveloped gold deposits. Bnamericas. Published Tuesday, November 24, 2020.

To view the source version of this press release, please visit

EN
03/09/2024

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on Chesapeake Gold Corp.

 PRESS RELEASE

Chesapeake Files Appeal in San Vicente 3 Legal Proceedings

Vancouver, British Columbia--(Newsfile Corp. - December 2, 2024) - Chesapeake Gold Corp. (TSXV: CKG) (OTCQX: CHPGF) ("Chesapeake" or the "Company") announces that further to its news release dated November 13, 2024, it has filed an appeal with the Collegiate Court in Mexico of the decision of the North Center III and Auxiliary Regional Chamber of the Federal Court of Administrative Justice upholding the cancellation of the San Vicente 3 mineral concession ("San Vicente 3") by the Dirección General de Minas of Mexico ("DGM").The Company has appealed the decision to the Collegiate Court on the b...

 PRESS RELEASE

Chesapeake Announces San Vicente 3 Legal Update

Vancouver, British Columbia--(Newsfile Corp. - November 13, 2024) - Chesapeake Gold Corp. (TSXV: CKG) (OTCQX: CHPGF) ("Chesapeake" or the "Company") announces an update in respect of the legal proceedings initiated by the Company related to its San Vicente 3 mineral concession ("San Vicente 3"). The Company initiated legal proceedings against the Dirección General de Minas of Mexico ("DGM") in response to the DGM's cancellation of San Vicente 3. San Vicente 3 is one of 12 mineral concessions comprising the Metates project. The Metates project totals 4,260 hectares, of which San Vicente 3 c...

 PRESS RELEASE

Chesapeake Gold Announces Stock Option Grant

Vancouver, British Columbia--(Newsfile Corp. - November 5, 2024) - Chesapeake Gold Corp. (TSXV: CKG) (OTCQX: CHPGF) ("Chesapeake" or the "Company") announces the grant of stock options under its Stock Option Plan to purchase an aggregate of 65,000 common shares of the Company at an exercise price of C$1.80 per share for a five-year term expiring November 5, 2029. The stock options were granted to officers of the Company. The options will vest and be exercisable on the basis of 25% annually, commencing November 5, 2025, the first anniversary of the date of the grant.About ChesapeakeChesapeake G...

MarketLine Department
  • MarketLine Department

Valterra Resource Corporation - Mergers & Acquisitions (M&A), Partners...

Summary Marketline's Valterra Resource Corporation Mergers & Acquisitions (M&A), Partnerships & Alliances and Investments report includes business description, detailed reports on mergers and acquisitions (M&A), divestments, capital raisings, venture capital investments, ownership and partnership transactions undertaken by Valterra Resource Corporation - Mergers & Acquisitions (M&A), Partnerships & Alliances since January2007. Marketline's Company Mergers & Acquisitions (M&A), Partnerships & A...

 PRESS RELEASE

Chesapeake Announces Metallurgical Results

Vancouver, British Columbia--(Newsfile Corp. - October 22, 2024) - Chesapeake Gold Corp. (TSXV: CKG) (OTCQX: CHPGF) ("Chesapeake" or the "Company") is pleased to provide a metallurgical update for its Metates gold-silver project located in Durango State, Mexico and an update regarding the latest developments on the Company's intellectual property rights.Jean-Paul Tsotsos, Interim Chief Executive Officer, commented, "We are pleased that the metallurgical test work achieved gold recovery rates exceeding 70%, providing verification that our proprietary oxidative leach technology (the "Technology"...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch