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Scorpio Gold Retains Market Making Services

Scorpio Gold Retains Market Making Services ACCESSWIRE 01 May 2021, 07:05 GMT+10 VANCOUVER, BC / ACCESSWIRE / April 30, 2021 / Scorpio Gold Corporation ( Scorpio Gold or the Company ) (TSXV:SGN) has, subject to regulatory approval, retained Independent Trading Group (ITG) Inc. ( ITG ) to provide market-making service and to aid in maintaining an orderly trading market for the common shares of the Company effective May 1, 2021. The market-making service will be undertaken by ITG, a registered broker in compliance with the applicable policies of the TSX Venture Exchange and other applicable laws. For its services, Scorpio Gold has agreed to pay ITG $5,000 per month. Scorpio Gold and ITG act at arm s length, and ITG has no present interest, directly or indirectly, in Scorpio Gold or its securities. There are no performance factors contained in the agreement between ITG and the Company and ITG will not receive any shares or options from the Company as compensation for services it w

Scorpio Gold Corporation: Scorpio Gold Retains Market Making Services

Scorpio Gold Corporation: Scorpio Gold Retains Market Making Services VANCOUVER, BC / ACCESSWIRE / April 30, 2021 / Scorpio Gold Corporation ( Scorpio Gold or the Company ) (TSXV:SGN) has, subject to regulatory approval, retained Independent Trading Group (ITG) Inc. ( ITG ) to provide market-making service and to aid in maintaining an orderly trading market for the common shares of the Company effective May 1, 2021. The market-making service will be undertaken by ITG, a registered broker in compliance with the applicable policies of the TSX Venture Exchange and other applicable laws. For its services, Scorpio Gold has agreed to pay ITG $5,000 per month. Scorpio Gold and ITG act at arm s length, and ITG has no present interest, directly or indirectly, in Scorpio Gold or its securities. There are no performance factors contained in the agreement between ITG and the Company and ITG will not receive any shares or options from the Company as compensation for services it will render.

The Bank of Canada risks a taper tantrum

April 23, 2021 | The Bank of Canada risks a taper tantrum Hilliard MacBeth Author of When the Bubble Bursts: Surviving the Canadian Real Estate Crash The Bank of Canada announced this week that it will reduce buying of government bonds during this pandemic recession. The Bank had been buying most of the bonds issued by the government during the pandemic spending spree which created a $350 billion deficit. The Bank of Canada now owns 40 percent of all government bonds outstanding. In 2013 the US Federal Reserve tried to exit a similar quantitative easing program. The bond market threw a tantrum, which became known as the taper tantrum.

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