TRU Announces Change of Corporate Secretary
TRU Precious Metals Corp. (TSXV:TRU)(OTCQB:TRUIF) announced that Heran Zhou will step down as Corporate Secretary effective February 1, 2025, with Olga Nikitovic, the Company's President and CFO, assuming the additional role. The company's main asset is the Golden Rose Project, a 297.50 km² land package in Central Western Newfoundland, which is subject to an Earn-In Agreement with Eldorado Gold Under this agreement, Eldorado can earn an 80% interest by funding CAD15.25M in cash payments and exploration expenditures over 5 years.
The Golden Rose Project is strategically located along the 45 km gold deposit-bearing Cape Ray - Valentine Lake Shear Zone, between Calibre Mining's Valentine Project and AuMEGA Metals' Cape Ray Gold Project. TRU is approximately 36%-owned by European investor Ormonde Mining plc.
TRU Precious Metals Corp. (TSXV:TRU)(OTCQB:TRUIF) ha annunciato che Heran Zhou si dimetterà dalla carica di Segretario Aziendale a partire dal 1 febbraio 2025, con Olga Nikitovic, Presidente e CFO della società, che assumerà il ruolo aggiuntivo. L'asse principale dell'azienda è il Golden Rose Project, un pacchetto di terreni di 297,50 km² nella parte centro-occidentale di Terranova, soggetto a un Accordo di Earn-In con Eldorado Gold. In base a questo accordo, Eldorado può acquisire una partecipazione dell'80% investendo 15,25 milioni di CAD in pagamenti in contante e spese di esplorazione nel corso di 5 anni.
Il Golden Rose Project è strategicamente situato lungo la Shear Zone di Cape Ray - Valentine Lake, che ospita un deposito d'oro di 45 km, tra il Valentine Project di Calibre Mining e il Cape Ray Gold Project di AuMEGA Metals. TRU è detenuta per circa il 36% dall'investitore europeo Ormonde Mining plc.
TRU Precious Metals Corp. (TSXV:TRU)(OTCQB:TRUIF) anunció que Heran Zhou dejará su cargo como Secretario Corporativo a partir del 1 de febrero de 2025, con Olga Nikitovic, Presidenta y CFO de la compañía, asumiendo el rol adicional. El principal activo de la empresa es el Golden Rose Project, un paquete de tierras de 297,50 km² en el centro-oeste de Terranova, que está sujeto a un Acuerdo de Earn-In con Eldorado Gold. Según este acuerdo, Eldorado puede obtener un interés del 80% mediante la financiación de 15,25 millones de CAD en pagos en efectivo y gastos de exploración a lo largo de 5 años.
El Golden Rose Project está estratégicamente ubicado a lo largo de la Zona de Cizalla Cape Ray - Valentine Lake, que contiene depósitos de oro de 45 km, entre el Valentine Project de Calibre Mining y el Cape Ray Gold Project de AuMEGA Metals. TRU es aproximadamente un 36% propiedad del inversor europeo Ormonde Mining plc.
TRU Precious Metals Corp. (TSXV:TRU)(OTCQB:TRUIF)는 Heran Zhou가 2025년 2월 1일부터 법인 비서직에서 물러날 것이라고 발표했으며, 회사의 회장 겸 CFO인 Olga Nikitovic가 추가 직무를 맡게 됩니다. 회사의 주요 자산은 Golden Rose Project로, 중앙 서부 뉴펀들랜드에 위치한 297.50 km² 규모의 토지 패키지로, Eldorado Gold와의 Earn-In 계약에 따라 운영됩니다. 이 계약에 따라 Eldorado는 5년 동안 현금 지급 및 탐사 비용으로 CAD 1525만을 자금 지원함으로써 80%의 지분을 획득할 수 있습니다.
Golden Rose Project는 45 km 길이의 금 매장 지역인 Cape Ray - Valentine Lake Shear Zone을 따라 전략적으로 위치하고 있으며, Calibre Mining의 Valentine Project와 AuMEGA Metals의 Cape Ray Gold Project 사이에 있습니다. TRU는 유럽 투자자인 Ormonde Mining plc가 약 36%를 소유하고 있습니다.
TRU Precious Metals Corp. (TSXV:TRU)(OTCQB:TRUIF) a annoncé que Heran Zhou démissionnera de son poste de Secrétaire Général à compter du 1er février 2025, avec Olga Nikitovic, Présidente et CFO de la société, assumant ce rôle supplémentaire. L'actif principal de l'entreprise est le Golden Rose Project, un ensemble de terrains de 297,50 km² situé dans le centre-ouest de Terre-Neuve, qui est soumis à un Accord d'Earn-In avec Eldorado Gold. Selon cet accord, Eldorado peut obtenir une participation de 80 % en finançant 15,25 millions CAD en paiements en espèces et dépenses d'exploration sur 5 ans.
Le Golden Rose Project est stratégiquement situé le long de la Zone de Failles Cape Ray - Valentine Lake, qui contient un gisement d'or de 45 km, entre le Valentine Project de Calibre Mining et le Cape Ray Gold Project d'AuMEGA Metals. TRU est détenue à environ 36 % par l'investisseur européen Ormonde Mining plc.
TRU Precious Metals Corp. (TSXV:TRU)(OTCQB:TRUIF) gab bekannt, dass Heran Zhou zum 1. Februar 2025 als Unternehmenssekretär zurücktritt und Olga Nikitovic, die Präsidentin und CFO des Unternehmens, die zusätzliche Rolle übernehmen wird. Das Hauptvermögen des Unternehmens ist das Golden Rose Project, ein 297,50 km² großes Grundstück im zentral-westlichen Neufundland, das Gegenstand einer Earn-In-Vereinbarung mit Eldorado Gold ist. Laut dieser Vereinbarung kann Eldorado einen 80%igen Anteil erwerben, indem es über einen Zeitraum von 5 Jahren 15,25 Millionen CAD in Barzahlungen und Erkundungsausgaben finanziert.
Das Golden Rose Project ist strategisch entlang der 45 km langen Goldlagerstätte Cape Ray - Valentine Lake Shear Zone gelegen, zwischen dem Valentine Project von Calibre Mining und dem Cape Ray Gold Project von AuMEGA Metals. TRU wird von dem europäischen Investor Ormonde Mining plc zu etwa 36 % gehalten.
- Earn-In Agreement with Eldorado Gold worth CAD15.25M over 5 years
- Strategic land position of 297.50 km² along proven gold-bearing trend
- Government financial support through Junior Exploration Assistance Program
- None.
TORONTO, ON / ACCESS Newswire / January 31, 2025 / TRU Precious Metals Corp. (TSXV:TRU)(OTCQB:TRUIF)(FSE:706) ("TRU" or the "Company") announces that Heran Zhou will be stepping down from his role as Corporate Secretary effective February 1, 2025. Mr. Zhou has held the position since October 1, 2022.
Olga Nikitovic, the Company's President and Chief Financial Officer will assume the additional role of Corporate Secretary.
The Board would like to thank Mr. Zhou for his invaluable contributions to the Company and wish him success in his future endeavors.
TRU (TSXV:TRU)(OTCQB:TRUIF)(FSE:706) is on a mission to build long-term shareholder value through prudent natural resource property development. The company's flagship project is the Golden Rose Project a regional-scale 297.50 km2 land package in Central Western Newfoundland (includes a 33.25 km2 package of claims over which TRU has an option with TSX-listed Quadro Resources to acquire up to an aggregate
TRU is approximately
For further information about TRU, please contact:
Steve NICOL
CEO
TRU Precious Metals Corp.
Phone: 1-855-760-2TRU (2878)
Email: ir@trupreciousmetals.com
To connect with TRU via social media, below are links:
X (formerly Twitter): https://twitter.com/TRUMetals
YouTube: https://www.youtube.com/@TruMetalsCorp
LinkedIn: https://www.linkedin.com/company/tru-precious-metals-corp/
Instagram: https://www.instagram.com/TRUMetals/
Facebook: https://www.facebook.com/TRUMetals/
Acknowledgement
TRU would like to thank the Government of Newfoundland and Labrador for financial support through the Junior Exploration Assistance Program and the Federal Government for its critical mineral assistance funding for the exploration activities at Golden Rose.
Forward-Looking Statements
This press release contains certain forward-looking statements. These statements are based on numerous assumptions regarding Golden Rose, the Company's exploration programs and results, and commodities prices that are believed by management to be reasonable in the circumstances, and are subject to a number of risks and uncertainties, including without limitation: mineralization hosted on adjacent and/or nearby properties is not necessarily indicative of mineralization hosted on Golden Rose; the exploration potential of Golden Rose and the nature and style of mineralization at Golden Rose; risks inherent in mineral exploration activities; volatility in precious metals and base metals prices; volatility in economic conditions and financial markets; and those other risks described in the Company's continuous disclosure documents. Actual results may differ materially from results contemplated by the forward-looking statements herein. Investors and others should carefully consider the foregoing factors and should not place undue reliance on such forward-looking statements. The Company does not undertake to update any forward-looking statements herein except as required by applicable securities laws.
This press release is solely the responsibility of TRU, and Eldorado is not in any way responsible or liable for the contents hereof.
Neither TSXV nor its Regulation Services Provider (as that term is defined in policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release.
SOURCE: TRU Precious Metals Corp.
View the original press release on ACCESS Newswire
FAQ
What is the value of Eldorado Gold's Earn-In Agreement with TRU Precious Metals (TRUIF)?
How large is TRU Precious Metals' (TRUIF) Golden Rose Project?
Who is the new Corporate Secretary of TRU Precious Metals (TRUIF) as of February 1, 2025?
What is the strategic location of TRUIF's Golden Rose Project?
Who is the major shareholder of TRU Precious Metals (TRUIF)?
