Jaxon Mining Inc. Retains Integral Wealth Securities as Market Maker
Jaxon Mining Inc. (TSX.V: JAX) (Frankfurt: 0U31) is pleased to announce it has retained Integral Wealth Securities ("Integral") to provide market-making services in accordance with TSX Venture Exchange ("TSX.V") policies. Integral will trade shares of the Company on the TSX.V for the purposes of maintaining an orderly market and improving the liquidity of the Company's shares.
In consideration of the services provided by Integral, the Company will pay integral a monthly fee of $5,500, plus, any reasonable costs and expenses, it incurs in connection with the services provided. During the initial 12-month term, the Company has a one-time right, after three months, to terminate the engagement. After 12 months, the agreement may be terminated by the Company on 30 days written notice. Integral will not receive shares or options as compensation pursuant to the agreement. However, Integral and its clients, may have or may acquire a direct interest in the securities of the Company.
Established in 2003, Integral is a private, Investment Industry Regulatory Organization of Canada ("IIROC") licensed investment dealer headquartered in Toronto with offices in Calgary, Vancouver, Ottawa, Nanaimo (B.C.) and Sidney (B.C.). and can access all Canadian Stock Exchanges and Alternative Trading Systems. The capital and securities required for any trade undertaken by Integral as principal will be provided by Integral. Jaxon and Integral are unrelated and unaffiliated entities.
Jaxon Mining is a base and precious metals exploration company with a regional focus on Western Canada. The company is currently focused on advancing its Hazelton Project in north-central British Columbia and the More Creek Project (comprising the Wishbone and Foremore properties) in BC’s Golden Triangle.
ON BEHALF OF THE BOARD OF DIRECTORS
JAXON MINING INC.
Jason Cubitt, President.
For further information regarding Jaxon Mining Inc., please contact 604-608-0400, Toll free: 1-877-608-0007.
This news release may contain forward-looking information, which is not comprised of historical facts. Forward-looking information involves risks, uncertainties and other factors that could cause actual events, results, performance, prospects and opportunities to differ materially from those expressed or implied by such forward-looking information. Forward-looking information in this news release may include, but is not limited to, the Company's objectives, goals or future plans. Factors that could cause actual results to differ materially from such forward-looking information include, but are not limited to, those risks set out in the Company's public documents filed on SEDAR. Although the Company believes that the assumptions and factors used in preparing the forward-looking information in this news release are reasonable, undue reliance should not be placed on such information, which only applies as of the date of this news release, and no assurance can be given that such events will occur in the disclosed time frames. or at all. The Company disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, other than as required by law. Neither TSX Venture exchange nor its Regulations Services Provider (as that term is defined in the policies of the TSX Venture Exchange accepts responsibility for the adequacy or accuracy of this release