Trigon Announces Resignation of Director and Stock Option Grant
Trigon Metals announces the resignation of Dr. David Shaw from its Board of Directors, effective immediately. Shaw served on the board since 2019. The company has granted 125,000 stock options to an officer at an exercise price of $0.82 per option, valid for five years, subject to TSX Venture Exchange approval. Additionally, Trigon has amended its share exchange agreement with PNT Financeco Corp. and CMI, allowing unissued common shares to be issued immediately prior to any Change in Control transaction.
Trigon Metals annuncia le dimissioni del Dr. David Shaw dal suo Consiglio di Amministrazione, con effetto immediato. Shaw ha fatto parte del consiglio dal 2019. L'azienda ha concesso 125.000 opzioni su azioni a un dirigente a un prezzo di esercizio di $0,82 per opzione, valido per cinque anni, soggetto all'approvazione della TSX Venture Exchange. Inoltre, Trigon ha modificato il suo accordo di scambio azionario con PNT Financeco Corp. e CMI, permettendo l'emissione immediata di azioni ordinarie non emesse prima di qualsiasi transazione di Cambio di Controllo.
Trigon Metals anuncia la renuncia del Dr. David Shaw de su Junta Directiva, con efecto inmediato. Shaw formó parte de la junta desde 2019. La empresa ha otorgado 125,000 opciones de acciones a un funcionario a un precio de ejercicio de $0.82 por opción, válido por cinco años, sujeto a la aprobación de la TSX Venture Exchange. Además, Trigon ha modificado su acuerdo de intercambio de acciones con PNT Financeco Corp. y CMI, permitiendo que se emitan acciones ordinarias no emitidas inmediatamente antes de cualquier transacción de Cambio de Control.
Trigon Metals는 David Shaw 박사의 사임을 이사회를 즉각적으로 알렸습니다. Shaw는 2019년부터 이사회에서 활동해왔습니다. 이 회사는 한 임원에게 125,000주 주식 옵션을 부여했으며, 옵션당 행사 가격은 $0.82로, 5년 동안 유효하며 TSX Venture Exchange의 승인을 받아야 합니다. 추가로, Trigon은 PNT Financeco Corp. 및 CMI와의 주식 교환 계약을 수정하여, 모든 지배권 변경 거래 직전에 미발행 보통주를 즉시 발행할 수 있도록 했습니다.
Trigon Metals annonce la démission du Dr. David Shaw de son Conseil d'Administration, avec effet immédiat. Shaw a siégé au conseil depuis 2019. La société a accordé 125 000 options d'achat d'actions à un dirigeant à un prix d'exercice de 0,82 $ par option, valable cinq ans, sous réserve de l'approbation de la TSX Venture Exchange. De plus, Trigon a modifié son accord d'échange d'actions avec PNT Financeco Corp. et CMI, permettant l'émission immédiate d'actions ordinaires non émises avant toute transaction de Changement de Contrôle.
Trigon Metals gibt die Rücktritt von Dr. David Shaw aus seinem Vorstand mit sofortiger Wirkung bekannt. Shaw war seit 2019 im Vorstand. Das Unternehmen hat 125.000 Aktienoptionen an einen Mitarbeiter zu einem Ausübungspreis von 0,82 $ pro Option gewährt, gültig für fünf Jahre, vorbehaltlich der Genehmigung der TSX Venture Exchange. Darüber hinaus hat Trigon seine Aktienaustauschvereinbarung mit PNT Financeco Corp. und CMI geändert, um die sofortige Ausgabe nicht ausgegebener Stammaktien vor jeder Kontrolle-Änderungs-Transaktion zu ermöglichen.
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Dr. Shaw has faithfully served on the Board of Directors since 2019. The Company wishes to thank him for his contributions and dedicated service to Trigon over the past five years, and wish him much success in his future endeavors.
Jed Richardson, CEO and Executive Chairman of Trigon, commented, “We wish to thank David for his valuable insights and oversight as a director and wish him a very happy retirement.”
Stock Option Grant
The Company has granted a total of 125,000 stock options to an officer pursuant to its stock option plan. The options may be exercised at a price of
The Company has amended the share exchange agreement between the Company, PNT Financeco Corp. (formerly Base Metal Investment Services) and Commodity Makers International (“CMI”) dated November 29, 2023 (the “SEA”) to permit any unissued Trigon common shares issuable to CMI pursuant to the SEA to be issued immediately prior to any transaction which results in Change in Control (as defined in the SEA, as amended) of Trigon.
Trigon Metals Inc.
Trigon is a publicly-traded Canadian exploration and development company with its core business focused on copper and silver holdings in mine-friendly African jurisdictions. Currently, the Company has operations in
Cautionary Notes
This news release may contain forward-looking statements. These statements include statements regarding the stock option grants, the amendments to the SEA, changes to the Company’s board of directors, the Company’s strategies and the Company’s abilities to execute such strategies, the Company’s expectations for the Kombat Mine, and the Company’s future plans and objectives. These statements are based on current expectations and assumptions that are subject to risks and uncertainties. Actual results could differ materially because of factors discussed in the management discussion and analysis section of our interim and most recent annual financial statements or other reports and filings with the TSX Venture Exchange and applicable Canadian securities regulations. We do not assume any obligation to update any forward-looking statements, except as required by applicable laws.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
View source version on businesswire.com: https://www.businesswire.com/news/home/20241114294469/en/
For further information, contact Tom Panoulias, VP Corporate Development:
+1 (647) 276-6002 x 1127
tom.panoulias@trigonmetals.com
Website: www.trigonmetals.com
Source: Trigon Metals Inc.
FAQ
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