# Kane Biotech Engages ITG for Market Making

> Kane Biotech hires ITG to boost trading liquidity for its shares.
- Title: Kane Biotech Engages ITG for Market Making · Financialpost
- Summary: Kane Biotech hires ITG to boost trading liquidity for its shares. Kane Biotech Inc. engages Independent Trading Group to provide market-making services…
- Keywords: kane biotech, independent trading group, tsxv, market making, liquidity, biotech, money, business, Kane, Engages, ITG, Market
- Source: Financialpost — https://financialpost.com/globe-newswire/kane-engages-independent-trading-group-as-market-maker
- Read time: 1 min
- Topics: kane biotech, independent trading group, tsxv, market making, liquidity, biotech, money, business
## Kane Biotech Announces Market-Making Agreement
Kane Biotech Inc. announced it has engaged Independent Trading Group to provide market-making services for its common shares on the TSXV.
## ITG Provides Liquidity Services
ITG will trade Kane Biotech shares on the TSXV and other venues to maintain a reasonable market and improve liquidity.
## Monthly Fee Structure
ITG receives $5,000 per month plus taxes, payable on the first business day of each month.
## Agreement Terms
The agreement has an initial term of one month and auto-renews for successive one-month terms unless terminated with 30 days' written notice.
## No Performance-Based Compensation
ITG will not receive shares or options and has no direct or indirect interest in Kane Biotech securities.
## What Kane Biotech Does
Kane Biotech develops wound care treatments that disrupt biofilms to improve healing outcomes and reduce antibiotic resistance.
## Key takeaway

Kane Biotech Inc. engages Independent Trading Group to provide market-making services, aiming to improve liquidity for its common shares on the TSXV.