Tsolido signs agreement with Red Cloud for liquidity services

30th May 2024 By: Darren Parker - Creamer Media Contributing Editor Online

TSX-V-listed Tsodilo Resources has retained Toronto-based financial services company Red Cloud Securities to provide liquidity services to the company.

Red Cloud helps mineral exploration and mining companies to access capital markets and enhance their corporate profile. Red Cloud will trade Tsodilo shares on the TSX-V for the purposes of maintaining a reasonable market and improving the liquidity of Tsodilo’s common shares.

Under the agreement, Tsolido will pay Red Cloud $5 000 a month, payable quarterly in advance. The term of engagement is ongoing.

Tsodilo is a diamond, base and precious metals exploration company focused on Angola and Botswana.