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TRU PRECIOUS METALS CORP - TRUIF STOCK NEWS

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TRU Precious Metals Corp (TSXV:TRU)(OTCQB:TRUIF) is focused on building long-term shareholder value through natural resource property development and transactions. The company explores for gold and copper in the Central Newfoundland Gold Belt on its 100%-owned Golden Rose Project. With an option to acquire up to a 65% ownership interest in two claim packages, TRU has made high-grade discoveries in gold and copper. Recent trenching and channel sampling results have expanded the known mineralization at the Project, showcasing its significant potential.

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TRU Precious Metals Corp. (TSXV: TRU, OTCQB: TRUIF) has relisted its common stock on the OTCQB Venture Market in the United States under the symbol 'TRUIF'.

The OTCQB platform, run by OTC Markets Group, is known for its standards of transparency and regulation, providing an improved trading experience for U.S. investors.

According to TRU's CEO Joel Freudman, this relisting is a strategic move to tap into the U.S. capital markets, where there is growing interest in copper and gold due to their rising prices.

The company's shares remain eligible for electronic clearing and settlement in the U.S. and will continue trading on Canada's TSX Venture Exchange under the symbol 'TRU'.

Freudman emphasized that the relisting supports TRU's ongoing exploration efforts on its flagship Golden Rose Project in Newfoundland.

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TRU Precious Metals Corp. (TRU) voluntarily delists from OTCQB to OTC Pink Open Market to reduce costs and maintain strong working capital position. The company's common shares will continue to trade in Canada on the TSX Venture Exchange and in the US on the OTC under ticker symbol TRUIF.
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TRU Precious Metals Corp. files updated technical report for Golden Rose Project in Central Newfoundland.
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TRU Precious Metals Corp. announces high-grade gold and copper results from prospecting program at Golden Rose Project in Central Newfoundland. Bedrock grab samples returned values between 0.69 to 2.78 g/t Au and 0.53% to 7.33% Cu. Resampling of Rich House target confirmed high-grade gold and silver. Promising critical minerals target discovered. Positive results may impact stock price.
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TRU Precious Metals Corp. reports high-grade gold channel sampling assay results from its Golden Rose Project. The Northcott Gold Zone extends along strike to the southwest at least 145 meters and remains open to the southwest and northeast. TRU plans to further define the mineralized contact and generate drill targets in the Mark's Pond area.
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TRU Precious Metals Corp. has announced the start of its 2023 field exploration season at its Golden Rose Project in Central Newfoundland. The company commissioned a geophysical survey to identify the extent of the high-grade Northcott Gold Zone and potential parallel shear zones. The exploration team has also begun field work and will complete new trenches and a structural mapping program. These programs aim to develop priority diamond drill hole targets.
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FAQ

What is the current stock price of TRU PRECIOUS METALS (TRUIF)?

The current stock price of TRU PRECIOUS METALS (TRUIF) is $0.0102 as of December 23, 2024.

What is the market cap of TRU PRECIOUS METALS (TRUIF)?

The market cap of TRU PRECIOUS METALS (TRUIF) is approximately 3.1M.

What is TRU Precious Metals Corp focused on?

TRU is focused on building long-term shareholder value through natural resource property development and transactions, exploring for gold and copper.

Where does TRU explore for gold and copper?

TRU explores for gold and copper in the highly prospective Central Newfoundland Gold Belt on its 100%-owned Golden Rose Project.

What recent discoveries has TRU made?

TRU has made high-grade discoveries in gold and copper, expanding known mineralization at the Project.

What recent exploration work has TRU conducted?

TRU has recently conducted trenching and channel sampling, resulting in significant new discoveries and showcasing the Project's potential.

What is TRU's ownership interest in the Golden Rose Project?

TRU has a 100% ownership interest in the Golden Rose Project, with an option to acquire up to 65% ownership in additional claim packages.

What is TRU's focus in its fall exploration program?

TRU's fall exploration program focuses on growing its pipeline of gold and critical minerals prospects and developing additional drill-ready targets.

Why is TRU delisting from the OTCQB?

TRU is delisting from the OTCQB as part of a cost-reduction program to maintain a strong working capital position. Its shares will now be quoted on the OTC Pink Open Market.

Where can TRU's shares be traded after delisting?

After delisting from the OTCQB, TRU's shares will continue to trade in Canada on the TSX Venture Exchange and will be quoted in the US on the OTC Pink Open Market.

Who owns a stake in TRU Precious Metals Corp?

TRU is approximately 36%-owned by European strategic investor Ormonde Mining plc.

What does TRU's fall exploration program entail?

TRU's fall program includes prospecting, grab sampling, and reconnaissance soil sampling to identify new targets at Golden Rose.
TRU PRECIOUS METALS CORP

OTC:TRUIF

TRUIF Rankings

TRUIF Stock Data

3.09M
86.03M
47.36%
Gold
Basic Materials
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United States of America
Fredericton