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Blackrock Silver Engages ICP Securities for Automated Market Making Services

MWN-AI** Summary

Blackrock Silver Corp. has announced the engagement of ICP Securities Inc. to provide automated market-making services, utilizing their proprietary algorithm, ICP Premium™, under an agreement compliant with TSX Venture Exchange guidelines. This engagement aims to enhance the liquidity of Blackrock's common shares by addressing supply and demand imbalances.

Under the terms of the agreement, ICP will receive a fee of C$7,500 per month for an initial term of four months, with automatic one-month renewals unless notice of termination is given by either party. It is notable that ICP currently holds no interest in Blackrock or its securities, although it may potentially acquire such interests in the future. Importantly, the agreement does not include performance factors or equity incentives beyond the monthly service fee.

ICP Securities, based in Toronto and established in 2023, specializes in automated market making and liquidity provision for public issuers and institutional investors. By leveraging their proprietary technology, ICP aims to deliver high-quality liquidity through its market-making services.

Blackrock Silver is positioned as a junior precious metals exploration and development company with a robust portfolio focused on gold and silver mineralization in Nevada, specifically targeting areas along the Northern Nevada Rift and Walker Lane trend. With an experienced Board of Directors at the helm, Blackrock is committed to enhancing shareholder value through strategic exploration and development initiatives.

For more information about Blackrock Silver Corp., interested parties can visit their website or review their profile on SEDAR+. The TSX Venture Exchange and its Regulation Services Provider have not verified the adequacy or accuracy of the press release.

MWN-AI** Analysis

**Market Analysis and Advice on Blackrock Silver Corp. (TSXV: BRC)**

As Blackrock Silver Corp. engages ICP Securities Inc. for automated market-making services, it's crucial to assess the implications for investors and market dynamics. By employing ICP Securities' proprietary algorithm, ICP Premium™, Blackrock aims to enhance liquidity and stabilize trading of its common shares. This move is essential, particularly for junior mining companies, where trading volumes can be erratic and investor confidence sensitive to price volatility.

The monthly fee of C$7,500, although modest, represents a commitment to maintaining an orderly market, which could benefit shareholders by reducing the bid-ask spread and facilitating smoother transactions. The initial four-month term reflects the company's strategy to assess performance and market response, aligning with best practices for risk management and capital efficiency.

Investors should note that while ICP is an arm's length party with no current stake in Blackrock, they may acquire interests in the future. This operational setup provides a layer of separation that could help enhance credibility but could also introduce potential conflicts should ICP decide to take a position.

The company's focus on Nevada's promising mineralization locations positions it strategically within a favorable mining jurisdiction, essential for future exploration and value creation. Furthermore, Blackrock’s backing by tangible gold and silver resources adds intrinsic value, appealing to both growth and value investors.

In conclusion, potential investors should monitor Blackrock for any shifts in trading activity and stakeholder sentiment as automated market-making services take effect. With its strong fundamentals and strategic initiatives, Blackrock Silver presents a compelling opportunity, particularly for those bullish on precious metals amid ongoing global economic uncertainties. As always, investors should exercise caution and consider overall market conditions and individual risk tolerance before proceeding.

**MWN-AI Summary and Analysis is based on asking OpenAI to summarize and analyze this news release.

Source: Newsfile

Vancouver, British Columbia--(Newsfile Corp. - March 7, 2025) - Blackrock Silver Corp. (TSXV: BRC) (OTCQX: BKRRF) (FSE: AHZ0) ("Blackrock" or the "Company") 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™, in compliance with the policies and guidelines of the TSX Venture Exchange and other applicable securities legislation.

Pursuant to the market-making agreement entered into between the Company and ICP (the "Agreement"), ICP will receive a fee of C$7,500 (plus applicable taxes) per month, payable monthly in advance (the "Service Fee"). The Agreement is for an initial term of four (4) months (the "Initial Term") and shall be automatically renewed for subsequent one (1) month terms (each subsequent one-month term, an "Additional Term") unless either the Company or ICP provides at least thirty (30) days written notice of termination to the other prior to the end of an Additional Term.

ICP does not have any interest, directly or indirectly, in the Company or its securities or any right or intent to acquire such an interest at this time, however ICP and its clients may acquire an interest in the securities of the Company in the future. There are no performance factors contained under the terms of the Agreement and no equity incentive compensation or other compensation, other than the Service Fee, is being granted by the Company to ICP in connection with the Agreement.

ICP is an arm's length party to the Company. ICP's market making activity services provided to the Company pursuant to the terms of the Agreement will be primarily to correct temporary imbalances in the supply and demand of the Company's common shares ("Common Shares"). ICP will be responsible for the costs it incurs in buying and selling the Company's Common Shares, and no third party will be providing funds or securities for the market making activities provided by ICP.

ICP Securities Inc.

ICP Securities Inc. is a Toronto based Canadian Investment Regulatory Organization dealer-member that specializes in automated market making and liquidity provision, as well as having a proprietary market making algorithm, ICP Premium™, 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 Blackrock Silver Corp.

Backed by gold and silver ounces in the ground, Blackrock is a junior precious metal focused exploration and development company driven to add shareholder value. Anchored by a seasoned Board of Directors, the Company is focused on its 100% controlled Nevada portfolio of properties consisting of low-sulphidation, epithermal gold and silver mineralization located along the established Northern Nevada Rift in north-central Nevada and the Walker Lane trend in western Nevada.

Additional information on Blackrock can be found on its website at www.blackrocksilver.com and by reviewing its profile on SEDAR+ at www.sedarplus.ca.

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.

For Further Information, Contact:

Andrew Pollard
President and Chief Executive Officer
(604) 817-6044
info@blackrocksilver.com

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/243628

FAQ**

How does Blackrock Silver Corp. BRC:CC plan to utilize the automated market making services provided by ICP Securities Inc. to enhance its liquidity and quote health in the competitive Vancouver market?

Blackrock Silver Corp. BRC:CC plans to leverage ICP Securities Inc.'s automated market making services to improve liquidity and maintain competitive quote health in the Vancouver market through increased order execution efficiency and tighter bid-ask spreads.

What investment opportunities might emerge in Vancouver as Blackrock Silver Corp. BRC:CC seeks to leverage its 100% controlled Nevada properties for growth and shareholder value?

Investment opportunities in Vancouver could arise from increased mining activities and partnerships in precious metals, as Blackrock Silver Corp. leverages its Nevada properties, potentially attracting investors interested in silver and resource exploration amid rising demand.

Considering the current trends in precious metal prices, how might the market-making services of ICP affect investor sentiment towards Blackrock Silver Corp. BRC:CC in Vancouver and beyond?

The market-making services of ICP could enhance investor sentiment towards Blackrock Silver Corp. BRC:CC by providing increased liquidity and price stability, thereby attracting more interest in the company amid rising precious metal prices.

How does Blackrock Silver Corp. BRC:CC's engagement with ICP Securities Inc. align with broader trends in market structure and liquidity provision among Vancouver’s public issuers?

Blackrock Silver Corp.'s collaboration with ICP Securities Inc. reflects a growing trend among Vancouver's public issuers to enhance market liquidity and engage strategically with financial partners, thereby improving investor access and capital flow in a competitive landscape.

**MWN-AI FAQ is based on asking OpenAI questions about Blackrock Silver Corp. (TSXVC: BRC:CC).

Blackrock Silver Corp.

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