Trigon Metals Announces Closing of Second Tranche
Trigon Metals (TSX-V: TM, OTCQB: PNTZF) has successfully completed the second and final tranche of its non-brokered private placement financing. The company issued 5,603,400 common shares at $0.25 per share, raising gross proceeds of $1,400,850 in this tranche.
Combined with the first tranche, Trigon has now issued a total of 9,993,400 shares, generating aggregate gross proceeds of $2,498,350. The company paid $5,640 in cash finder's fees and issued 22,560 finder's warrants, exercisable at $0.25 for 24 months.
Trigon, which operates in Namibia and Morocco, plans to use the net proceeds for working capital and general corporate purposes. In Namibia, the company holds an 80% interest in five mining licenses in the Otavi Mountainlands, focusing on exploration and re-development of the former Kombat Mine.
Trigon Metals (TSX-V: TM, OTCQB: PNTZF) ha completato con successo la seconda e ultima tranche del suo finanziamento privato non mediato. L'azienda ha emesso 5.603.400 azioni ordinarie a $0,25 per azione, raccogliendo proventi lordi di $1.400.850 in questa tranche.
Combinata con la prima tranche, Trigon ha ora emesso un totale di 9.993.400 azioni, generando proventi lordi aggregati di $2.498.350. L'azienda ha pagato $5.640 in commissioni per i trovatori e ha emesso 22.560 warrant per i trovatori, esercitabili a $0,25 per 24 mesi.
Trigon, che opera in Namibia e Marocco, prevede di utilizzare i proventi netti per il capitale circolante e scopi aziendali generali. In Namibia, l'azienda detiene una partecipazione dell'80% in cinque licenze minerarie nelle Montagne di Otavi, concentrandosi sull'esplorazione e la riqualificazione dell'ex Miniera Kombat.
Trigon Metals (TSX-V: TM, OTCQB: PNTZF) ha completado con éxito la segunda y última tranche de su financiamiento privado no mediado. La compañía emitió 5.603.400 acciones comunes a $0,25 por acción, recaudando ingresos brutos de $1.400.850 en esta tranche.
Combinado con la primera tranche, Trigon ha emitido un total de 9.993.400 acciones, generando ingresos brutos agregados de $2.498.350. La compañía pagó $5.640 en comisiones en efectivo para los buscadores y emitió 22.560 warrants para los buscadores, ejercitables a $0,25 durante 24 meses.
Trigon, que opera en Namibia y Marruecos, planea utilizar los ingresos netos para capital de trabajo y propósitos corporativos generales. En Namibia, la compañía posee un 80% de interés en cinco licencias mineras en las Montañas de Otavi, enfocándose en la exploración y la re-desarrollo de la antigua mina Kombat.
트리곤 메탈스 (TSX-V: TM, OTCQB: PNTZF)가 중개인 없는 사모 배치 자금을 성공적으로 완료했습니다. 회사는 5,603,400주를 주당 $0.25에 발행하여 이번 트랜치에서 총 $1,400,850의 수익을 올렸습니다.
첫 번째 트랜치와 합쳐서 트리곤은 총 9,993,400주를 발행했으며, 총 $2,498,350의 수익을 창출했습니다. 회사는 $5,640의 현금 중개 수수료를 지급하고, 24개월 동안 $0.25에 행사 가능한 22,560개의 중개인 워런트를 발행했습니다.
나미비아와 모로코에서 운영되는 트리곤은 순수익을 운영 자본 및 일반 기업 목적에 사용할 계획입니다. 나미비아에서 회사는 오타비 산맥에 있는 다섯 개의 광산 라이센스에서 80%의 지분을 보유하고 있으며, 이전의 콤바트 광산의 탐사 및 재개발에 집중하고 있습니다.
Trigon Metals (TSX-V: TM, OTCQB: PNTZF) a réussi à finaliser la deuxième et dernière tranche de son financement par placement privé non intermédiaire. La société a émis 5.603.400 actions ordinaires à 0,25 $ par action, levant ainsi des produits bruts de 1.400.850 $ dans cette tranche.
Combinée à la première tranche, Trigon a maintenant émis un total de 9.993.400 actions, générant des produits bruts agrégés de 2.498.350 $. La société a payé 5.640 $ en frais de recherche en espèces et a émis 22.560 bons de recherche, exerçables à 0,25 $ pendant 24 mois.
Trigon, qui opère en Namibie et au Maroc, prévoit d'utiliser les produits nets pour le fonds de roulement et des fins corporatives générales. En Namibie, la société détient une participation de 80 % dans cinq licences minières dans les montagnes d'Otavi, se concentrant sur l'exploration et la réhabilitation de l'ancienne mine de Kombat.
Trigon Metals (TSX-V: TM, OTCQB: PNTZF) hat erfolgreich die zweite und letzte Tranche seiner nicht vermittelten Privatplatzierungsfinanzierung abgeschlossen. Das Unternehmen hat 5.603.400 Stammaktien zu je 0,25 $ pro Aktie ausgegeben und dabei Bruttoeinnahmen von 1.400.850 $ in dieser Tranche erzielt.
Zusammen mit der ersten Tranche hat Trigon nun insgesamt 9.993.400 Aktien ausgegeben, was zu aggregierten Bruttoeinnahmen von 2.498.350 $ geführt hat. Das Unternehmen hat 5.640 $ an Barfindergebühren gezahlt und 22.560 Finderwarrants ausgegeben, die für 24 Monate zu 0,25 $ ausgeübt werden können.
Trigon, das in Namibia und Marokko tätig ist, plant, die Nettomittel für Betriebskapital und allgemeine Unternehmenszwecke zu verwenden. In Namibia hält das Unternehmen eine 80%ige Beteiligung an fünf Bergbaulizenzen in den Otavi-Bergen und konzentriert sich auf die Erkundung und Wiederentwicklung der ehemaligen Kombat-Mine.
- Successfully raised $2.49M in total proceeds
- Completed both tranches of private placement
- Holds 80% interest in five mining licenses in Namibia
- Shares subject to 4-month hold period
- Dilution of existing shareholders through new share issuance
NOT FOR DISTRIBUTION TO
In connection with the Second Tranche, the Company paid cash finder's fees of
All securities issued in connection with the Second Tranche are subject to a statutory hold period of four-months and one-day. The Company intends to use the net proceeds from the Second Tranche for working capital and general corporate purposes.
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 Offering, the use of proceeds of the Offering, the Company’s ability to obtain the requisite approvals for the Offering, the economic viability of the Kombat mine and the Company, the Company’s ability to obtain adequate financing, 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.
This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in
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/20250306636037/en/
For further information, contact Tom Panoulias, VP Corporate Development:
+1 (647) 276-6002 x 1127
IR@trigonmetals.com
Website: www.trigonmetals.com
Source: Trigon Metals Inc.
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