Relevant Gold Announces Results of AGM and Engages Market Maker

VANCOUVER, BC / ACCESSWIRE / August 23, 2023 / Relevant Gold Corp. ("Relevant Gold" or the "Company") (TSXV:RGC) is pleased to announce the results of its Annual General Meeting held August 18, 2023: All matters were overwhelmingly approved by shareholders. In particular, each of the following directors were re-elected: Peter Megaw (an independent director), Ronald Parratt (an independent director), Sarah Weber (an independent director), Brian Lentz, and Robert Bergmann. In addition, Smythe LLP was re-appointed as auditor of the Company and shareholders approved the Company's omnibus equity incentive compensation plan.

The Company also announces that, subject to regulatory approval, it has engaged Independent Trading Group (ITG), Inc. ("ITG") to provide market-making services to the Company in accordance with the policies of the TSX Venture Exchange (TSXV). ITG will trade shares of the company on the TSXV and all other trading venues with the objective of maintaining a reasonable market and improving the liquidity of the Company's common shares (the "Shares").

The market-making services agreement between the Company and ITG (the "Agreement") will run on an ongoing month-to-month basis at the cost of up to $6,000 per month, payable monthly in advance. The Agreement will renew automatically unless terminated by one of the parties pursuant to the terms of the Agreement. The services under the Agreement include, among others, assisting in establishing a fair and orderly market for the Shares, enhancing market depth and augmenting liquidity for the Shares, adding stability and efficiency to the market for the Shares and increasing the efficiency of the price discovery mechanism. There are no performance factors contained in the agreement and ITG will not receive Shares or options as compensation. ITG and the Company are unrelated and unaffiliated entities and at the time of the agreement, neither ITG nor its principals have any interest, directly or indirectly, in the Shares or other securities of the Company. The appointment of ITG is subject to the approval of the TSXV.

About Independent Trading Group (ITG), Inc.
Independent Trading Group (ITG) Inc. is a Toronto-based CIRO dealer-member that specializes in market making, liquidity provision, agency execution, ultra-low latency connectivity, and bespoke algorithmic trading solutions. Established in 1992, with a focus on market structure, execution, and trading, ITG 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.