NOA Lithium Brines Engages ICP Securities Inc. for Automated Market Making Services

BUENOS AIRES, ARGENTINA / ACCESSWIRE / July 25, 2024 / NOA Lithium Brines Inc. (TSXV:NOAL)(FSE:N7N) ("NOA" or the "Company") announces it has engaged ICP Securities Inc. ("ICP"), pursuant to an agreement dated July 23, 2024 ("Market Maker Agreement"), to provide automated market making services. This includes the use of ICP's proprietary algorithm, ICP Premium™, in compliance with the policies and guidelines of the TSX Venture Exchange ("TSXV") and other applicable legislation. The Market Maker Agreement is subject to TSXV review and approval.

ICP will receive a fee of C$7,500 plus applicable taxes per month, payable monthly in advance. The agreement is for an initial term of three months and will be automatically renewed for subsequent one-month terms unless either party provides at least thirty days' written notice. There are no performance factors in the agreement, and no stock options or other compensation are being granted. ICP and its clients may acquire interest in the Company’s securities in the future.

ICP is an arm's length party to NOA. Its market making activity will primarily address temporary imbalances in the supply and demand of the Company's shares. ICP will cover its own costs in buying and selling shares, without third-party funding.