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Supernova Metals Corp (2)
Symbol SUPR
Shares Issued 15,573,994
Close 2025-02-04 C$ 0.40
Market Cap C$ 6,229,598
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Supernova Metals hires ICP for market-making services

2025-02-05 09:06 ET - News Release

Subject: Supernova Metals Corp. - News Release for Immediate Dissemination Word Document

File: '\\swfile\EmailIn\20250205 055904 Attachment SUPR NR 2025 02 05 - ICP.docx'

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Supernova Metals Corp.

400-1681 Chestnut Street

Vancouver, BC V6J 4M6

www.supernovametals.com

Supernova Engages ICP Securities for Automated Market Making Services

February 5, 2025, Vancouver, British Columbia - Supernova Metals Corp. ("SUPERNOVA" or the "Company") (CSE:SUPR) (OTC:ABETF) (Frankfurt:A1S.F) 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(TM), in compliance with the policies and guidelines of the CSE Exchange and other applicable legislation. ICP will be paid a monthly fee of $7,500, plus applicable taxes. The agreement between the Company and ICP was signed with a start date of February 5, 2024, and is for six (6) months (the "Initial Term") and shall be automatically renewed for subsequent one (1) month terms (each month called 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 in connection with the engagement. ICP and its clients 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.

About ICP Securities Inc.

ICP Securities Inc. 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(TM), 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.

About SUPERNOVA

SUPERNOVA is a resource exploration company focused on acquiring and advancing natural resources opportunities globally.

ON BEHALF OF THE BOARD

Sean McGrath

CEO and Director

E: info@supernovametals.com

NEITHER THE CANADIAN SECURITIES EXCHANGE NOR ITS REGULATION SERVICES PROVIDER HAS REVIEWED OR ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

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