SRQ Announces Engagement of Market Maker

MONTREAL, July 05, 2024 (GLOBE NEWSWIRE) — SRQ Resources Inc. (TSX-V: SRQ) (“SRQ” or the “Company”) is pleased to announce that it has retained the services of DS Market Solutions Inc. (“DS”).DS Market“) to provide equity trading advisory and liquidity provider services in accordance with the policies of the TSXV and subject to the approval of the TSXV.

DS Market will trade the Corporation’s securities on the TSXV for the purpose of maintaining an orderly market. In consideration for the services provided by DS Market, the Corporation will pay DS Market a monthly fee of $5,000 from the Corporation’s available cash for a minimum term of one month and renewable for successive one-month periods thereafter. Either party may terminate the agreement by providing written notice to that effect 30 days prior to the end of the current term. The services provided by DS Market commenced on July 2, 2024.

The Company and DS Market are independent and unaffiliated entities and DS Market has no direct or indirect interest in the Company or its securities. DS Market will not receive any shares or options as compensation and has not indicated any immediate intention to acquire shares of the Company on the open market or otherwise. Capital used for market making will be provided by DS Market.

About DS Market

DS Market is an equity trading advisor for issuers seeking to enhance the liquidity of their publicly traded securities. DS Market was incorporated in Mississauga, Ontario in April 2024 and DS Market’s offices are located in Mississauga, Ontario. Mr. David Sears is the sole owner of DS Market and will provide the services on behalf of DS Market. The contact for DS Market is [email protected].

.About SRQ Resources Inc.

SRQ is a Canadian base metals company exploring for nickel, copper and platinum in the province of Quebec.

Lac Brulé Surface Ni-Cu Project is located on a 288 km² greenfield exploration property within a five-hour drive of Montreal. The project’s prospectivity for base metals has been confirmed by geological mapping, surface gossan and geophysical surveys. The presence of the historic Renzy Ni-Cu mine located 50 kilometres to the southeast and at the heart of the larger regional network further adds to the appeal of mineral exploration in the region.

For more information about SRQ, please visit the SRQ website at www.srqexploration.com

Contact details:

Marc-Antoine Audet, President and CEO

[email protected]

Tel.: (514) 726-4158

Renmark Financial Communications Inc.
Bettina Filippone
[email protected]
Tel.: (416)-644-2020 or (212)-812-7680
www.renmarkfinancial.com

Forward-Looking Statements and Forward-Looking Information:

Certain statements made and information contained herein constitute “forward-looking statements” or “forward-looking information” within the meaning of Canadian securities legislation. Forward-looking statements and information characterized by words such as “will”, “could”, “expect”, “estimate”, “evidence”, “potential”, “seem”, “suggest” are inherently subject to significant business, economic and competitive uncertainties and contingencies. Known and unknown factors could cause actual results to differ materially from those projected in the forward-looking statements and forward-looking information, and undue reliance should not be placed on such statements and information. Such factors include, but are not limited to: the speculative nature of mineral exploration and development, assumptions regarding the price of the Company’s common shares, financial forecasts, growth forecasts … the Company’s ability to convert resources into reserves, its ability to successfully complete the next phase of development of a project, its ability to produce a pre-feasibility study or feasibility study for a project, its ability to execute its metallurgical or exploration development plans, the availability of financing for operations, risks and uncertainties associated with the interpretation of drilling results and the estimation of mineral resources and reserves, the geology, grade and continuity of mineral deposits, the possibility that future exploration, development or mining results will not be consistent with the Company’s expectations, fluctuations in metal prices, environmental and regulatory requirements, the availability of permits, escalation of reclamation and mitigation costs, the risk of loss of title, the effects of accidents, equipment failures, labour disputes or other unforeseen difficulties or interruptions to exploration or development, the potential for delays in exploration or development activities, the uncertainty inherent in cost estimates and the potential for unanticipated costs and expenses, fluctuations in commodity prices, currency fluctuations, management’s expectations and beliefs and other risks and uncertainties. Many of these uncertainties and contingencies may affect the Company’s actual results and could cause results to differ materially from those expressed or implied in the forward-looking statements and forward-looking information made by or on behalf of the Company. Readers are cautioned that forward-looking statements are not guarantees of future performance. The Company disclaims any intention or obligation to update or revise any forward-looking statements or forward-looking information, whether as a result of new information, future events or otherwise, except as required by applicable law.

Neither the TSX Venture Exchange nor its Regulation 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.