- Askar Capital hf. becomes Certified Adviser on First North Iceland


NASDAQ OMX Iceland hf. has approved Askar Capital hf. as Certified Adviser (CA)
on First North Iceland. The CA´s role is to assist and advise a company during
the admission process and serve as an adviser and an intermediary with the
First North market while the company remains on the market. The CA set-up is
designed to build trust in the market as the CA´s are responsible for
monitoring that the companies they advise at all times fulfill the First North
admission and disclosure requirements. 

To become Certified Adviser on First North, companies must meet certain
conditions. Those are mainly: 
- Be a legal entity 
- Have an adequate number of employees 
- Ensure that employees of the Certified Advisers are fit and proper and have
  proven and proper experience of corporate finance business 
- Have internal rules regarding trading in shares in companies for which the
  firm acts as Certified Adviser 
- Have internal procedures regarding documentation and storage of information 

First North Iceland welcomes Askar Capital hf. to the market.