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Trifecta Gold appoints Mr. Jackson Morton as Vice President and provides a corporate update. The company welcomes Mr. Morton, a seasoned geologist with a decade of experience, to lead exploration programs and manage projects in the Tombstone Gold Belt. Trifecta also enters into a significant agreement to acquire multiple gold projects in Yukon. The company plans a share consolidation to raise capital for its obligations under the new agreement.
Trifecta Gold nomina il Sig. Jackson Morton come Vice Presidente e fornisce un aggiornamento aziendale. La compagnia accoglie il Sig. Morton, un geologo esperto con un decennio di esperienza, per guidare i programmi di esplorazione e gestire i progetti nella cintura aurifera di Tombstone. Trifecta sigla anche un importante accordo per acquisire diversi progetti auriferi nello Yukon. La società prevede una consolidamento delle azioni per reperire capitale necessario per le sue obbligazioni ai sensi del nuovo accordo.
Trifecta Gold nombra al Sr. Jackson Morton como Vicepresidente y proporciona una actualización corporativa. La empresa da la bienvenida al Sr. Morton, un geólogo experimentado con una década de experiencia, para liderar los programas de exploración y administrar los proyectos en el Cinturón de Oro de Tombstone. Trifecta también entra en un acuerdo significativo para adquirir múltiples proyectos de oro en Yukón. La compañía planea una consolidación de acciones para recaudar capital para sus obligaciones bajo el nuevo acuerdo.
트리펙타 골드가 잭슨 모턴 씨를 부사장으로 임명하고 회사 업데이트를 제공합니다. 회사는 경험이 풍부한 지질학자인 모턴 씨를 환영하며, 그는 10년 간의 경험을 바탕으로 텀브스톤 골드 벨트에서의 탐사 프로그램을 이끌고 프로젝트를 관리할 것입니다. 트리펙타는 또한 유콘에 있는 여러 금광 프로젝트를 인수하기 위해 중요한 계약을 체결했습니다. 회사는 새로운 계약 하에 의무를 이행하기 위해 자본을 조달하기 위해 주식을 통합할 계획입니다.
Trifecta Gold nomme M. Jackson Morton en tant que vice-président et fournit une mise à jour de l'entreprise. La société accueille M. Morton, un géologue chevronné avec une décennie d'expérience, pour diriger les programmes d'exploration et gérer les projets dans la ceinture aurifère de Tombstone. Trifecta entre également dans un accord significatif pour acquérir plusieurs projets aurifères au Yukon. La compagnie prévoit une consolidation des actions pour lever des capitaux pour ses obligations en vertu du nouvel accord.
Trifecta Gold ernennt Herrn Jackson Morton zum Vizepräsidenten und gibt ein Unternehmensupdate. Das Unternehmen begrüßt Herrn Morton, einen erfahrenen Geologen mit einem Jahrzehnt Erfahrung, um die Explorationsprogramme zu leiten und Projekte im Tombstone Goldgürtel zu managen. Trifecta schließt zudem eine bedeutende Vereinbarung ab, um mehrere Goldprojekte im Yukon zu erwerben. Das Unternehmen plant eine Aktienkonsolidierung, um Kapital für seine Verpflichtungen unter der neuen Vereinbarung aufzubringen.
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Trifecta Gold Ltd. (TSX-V:TG) (OTCQB:TRRFF) ("Trifecta" or the "Company") is pleased to announce that Jackson Morton P.Geo. has joined the Trifecta team as Vice President.
"It is my pleasure to announce the addition of Mr. Morton to the Trifecta team as Vice President," states Richard Drechsler, Trifecta's President and CEO. "I have had the pleasure of working with Jack since 2007, and his passion for exploration and discovery is contagious. Jack's skillset is wide-ranging, and he is credited with several mineral occurrence discoveries, having been a Principal and Senior Geologist with the Vancouver-based consultancy Archer, Cathro & Associates. He has a deep knowledge of our exploration portfolio having managed multiple of our past programs on behalf of Archer, Cathro.
Jack and I will be collaborating closely as we advance Mt. Hinton and other projects in Trifecta's portfolio. We believe that the timing of the Tombstone Gold Belt transaction couldn't be better, and we look forward to making new discoveries within the camp-scale projects."
Mr. Morton has over a decade of experience leading mineral exploration programs across North America as a former Principal and Senior Geologist with Archer, Cathro. In addition, his continual focus on industry trends, techniques and evolving geological paradigms has allowed him to identify many prospective targets for acquisition, including claims previously vended through Trifecta to form one of the Company's two third-party royalty interests. Mr. Morton obtained a Bachelor of Science in Earth Sciences from Simon Fraser University in 2013 and is a registered Professional Geologist in British Columbia. He is a Technical Advisor with Silver Range Resources Ltd., and the incoming Chair of the Vancouver Mining Exploration Group (M.E.G.).
Corporate Update
Trifecta recently announced that it entered into a binding agreement with Strategic Metals Ltd. to acquire up to 100% of Mt. Hinton and 10 other highly prospective, intrusion-related gold projects located in Yukon's Tombstone Gold Belt. This is a Non-Arm's Length Transaction so under MI 61-101 the Company plans to seek disinterested shareholder approval at its upcoming Annual General and Special Meeting on June 24th, 2024.
Trifecta is proceeding with a 4:1 share consolidation as announced March 1st, 2024. The effective date of the consolidation will be announced shortly. The reason for the consolidation is to tighten the public float so as to facilitate the raising of the required capital to fund Trifecta's obligations under its agreement with Strategic Metals Ltd. There are currently 80,099,286 shares of Trifecta issued and outstanding, and there will be approximately 20,024,822 shares issued and outstanding post-consolidation. There will not be a change of name in conjunction with this consolidation.
About Trifecta Gold Ltd.
Trifecta is a Canadian-based precious metals exploration company dedicated to increasing shareholder value through the discovery and development of 100% held gold projects in Yukon and Nevada. Initial drilling at its Yuge Gold Project, located in northern Nevada, has identified multiple broad zones of gold mineralization near historical high-grade mines. The Company's Eureka Project hosts an 8 x 2.5 kilometre belt of surface showings and anomalous gold-in-soil that straddle the headwaters of two of the most productive placer creeks in Yukon's southern Klondike Goldfields. The Company's Treble Project covers a large hydrothermal system, located midway between Western Copper and Gold Corporation's Casino Deposit, the largest copper and gold deposit in the Yukon, and Rockhaven Resources Ltd.'s Klaza Deposit, a high-grade gold-silver deposit.
ON BEHALF OF THE BOARD
"Richard Drechsler"
President and CEO
For further information concerning Trifecta or its various exploration projects please visit www.trifectagold.com or contact:
Corporate Information
Trifecta Gold Ltd. Richard Drechsler President and CEO Tel: (604) 687-2522
This news release may contain forward looking statements based on assumptions and judgments of management regarding future events or results that may prove to be inaccurate as a result of exploration and other risk factors beyond its control, and actual results may differ materially from the expected results.
Neither the 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 news release.
Who has Trifecta Gold appointed as Vice President?
Trifecta Gold has appointed Mr. Jackson Morton as Vice President.
What is the significance of the agreement with Strategic Metals ?
The agreement with Strategic Metals allows Trifecta Gold to acquire up to 100% of Mt. Hinton and 10 other highly prospective gold projects in Yukon's Tombstone Gold Belt.
Why is Trifecta Gold proceeding with a share consolidation?
Trifecta Gold is proceeding with a 4:1 share consolidation to tighten the public float and raise capital for its obligations under the agreement with Strategic Metals
