Critical Elements Lithium Corporation Partners with ICP Securities for Market Making

Critical Elements Lithium Corporation has engaged ICP Securities Inc. to provide automated market making services. This agreement, effective October 29, 2024, will initially last for four months, with possible monthly renewals unless terminated by either party with 30 days' notice. ICP, an independent entity, will utilize its proprietary algorithm, ICP Premium™. The monthly fee for these services is $7,500, and ICP will be responsible for its trading costs without external financial support.

ICP's task is to address temporary imbalances in the supply and demand of Critical Elements' shares. This move aligns with Critical Elements' strategic ambitions in the lithium sector, particularly concerning its Rose Lithium-Tantalum project in Québec. The project boasts an estimated after-tax net present value of US$2.2 billion.