ETOBICOKE, ON, Dec. 1, 2021 /CNW/ – Pathway Health Corp. (TSXV: PHC) (formerly Colson Capital Corp.) (“Pathway” or the “Company“) is pleased to announce that it has retained Red Cloud Securities (“Red Cloud“) to provide market-making services in accordance with the policies of the TSX Venture Exchange (the “Exchange“). Red Cloud will trade shares of the Company on the Exchange for the purposes of maintaining orderly market and improving the liquidity of the Company’s shares.
In consideration of the services provided by Red Cloud, the Company will pay Red Cloud a monthly cash fee of $5,000, plus any reasonable costs and expenses it incurs in connection with the services provided. The Company has retained Red Cloud for no less than a 3-month term. Red Cloud will not receive shares or options as compensation pursuant to the agreement. The Company and Red Cloud are unrelated and unaffiliated entities. However, Red Cloud and its clients may have or may acquire a direct interest in the securities of the Company.
Red Cloud Securities Inc. is a Toronto, Ontario-based broker dealer that offers corporate issuers a wide breadth of advisory, investment banking, research, and distribution services. Red Cloud is a member of the Investment Industry Regulatory Organization of Canada (“IIROC”) and can access all Canadian Stock Exchanges and Alternative Trading Systems.