Nicola Mining Engages ICP Securities for Automated Market Making Services
April 28th, 2026 1:51 PM
By: Newsworthy Staff
Nicola Mining has hired ICP Securities to provide automated market making services to improve liquidity and reduce volatility in its shares, reflecting a strategic move to stabilize trading.

Nicola Mining Inc. (NASDAQ: NICM) (TSX.V: NIM) (FSE: HLIA) announced it has engaged ICP Securities Inc. to provide automated market making services using its ICP Premium(TM) algorithm, in accordance with TSX Venture Exchange policies. The agreement, effective April 27, 2026, includes a monthly fee of C$7,500 and an initial four-month term with automatic one-month renewals. ICP will act as an arm’s length party focused on addressing short-term supply and demand imbalances in the Company’s shares, without performance-based compensation or third-party funding.
The engagement is designed to improve the liquidity and stability of Nicola Mining's stock. Automated market making involves the use of algorithms to continuously quote bid and ask prices, thereby narrowing spreads and reducing volatility. This can benefit shareholders by making it easier to buy and sell shares without large price swings. For a junior mining company like Nicola, which operates in a sector known for high volatility, such services can be crucial for maintaining investor confidence and facilitating capital formation.
Nicola Mining is a junior mining company listed on the TSX Venture Exchange and the Frankfurt Exchange. It maintains a 100% owned mill and tailings facility near Merritt, British Columbia, and has signed Mining and Milling Profit Share Agreements with high-grade gold projects. The company’s fully permitted mill can process both gold and silver mill feed via gravity and flotation processes. Additionally, Nicola owns 100% of the New Craigmont Project, a high-grade copper property covering 10,913 hectares adjacent to Highland Valley Copper, Canada’s largest copper mine. It also owns 100% of the Treasure Mountain Property, which includes 30 mineral claims and a mineral lease spanning over 2,200 hectares.
The decision to engage ICP Securities signals Nicola Mining’s proactive approach to enhancing its market presence. By utilizing automated market making, the company aims to create a more efficient trading environment for its securities. This move is particularly significant given the challenges that junior resource companies often face in maintaining consistent trading volumes and share price stability. The use of an algorithm-based system allows for continuous market making without the potential biases of human traders, ensuring that orders are executed based on predefined rules.
Investors should view this development as a positive step toward improving the trading dynamics of Nicola Mining shares. The company’s focus on its core assets, including the mill and tailings facility, as well as its copper and gold properties, remains central to its value proposition. The automated market making service is a tactical addition to support the company’s broader strategy of creating shareholder value.
Source Statement
This news article relied primarily on a press release disributed by InvestorBrandNetwork (IBN). You can read the source press release here,
