TNR / International Lithium is up huge! CNBC / Nathttps://www.financialpost.com/news-sectors/story.html?id=1889996
https://www.cnbc.com/id/15840232?video=1214209086&play=1
Byron Analyst quoted in National Post & CNBC..
___ and guess who bought msot of the financing today...no wonder its up on 4 million shares traded last 2 days!!!
16 projects, 3 brines, Nevada & Argentina...doesn't get better than this!
August 14th, 2009
TNR GOLD CLOSES $500,000 FLOWTHROUGH PRIVATE PLACEMENT
Vancouver B.C.:TNR Gold Corp. (“TNR” or the “Company”) is pleased to announce the closingof a brokered private placement previously announced on August 4th,2009andled by Byron Securities Limited.(the “Agent”), which has resulted ingross proceeds to the Company of $500,000 (the “Offering”).
The offering consistedof the issuance of 2,000,000 flow-through shares of the Company at a price of$0.25 per flow-through share for gross proceeds of $500,000. As considerationfor acting as agent, the Agent received a cash commission of 7% of the grossproceeds raised. In addition, the Agent was issued 200,000 agent’s warrants(the “Agent’s Warrants).Each Agent’sWarrant entitles the holder to acquire one non-flow through common share of theCompany at an exercise price of $0.25 per common share until February 14, 2011.
All of the securitiesissued pursuant to the Offering are subject to a four month hold periodexpiring on December 15, 2009.
Proceeds of Offering will be used to fundTNR's exploration projects in .
ABOUT TNR
TNR is a diversified metals exploration companyfocused on identifying and exploring existing properties in and and new prospective projectsglobally. Upon approval of pending licences in , TNR will have a totalportfolio of 32 projects, of which 16 will be included in the proposed spin-off of International LithiumCorp.
It is anticipated that TNR shareholders of record will receive one share andone full tradable warrant of International Lithium Corp. for every 4 shares ofTNR held as of the yet determined record date. This will result in TNRshareholders owning shares in both TNR and International Lithium. For furtherdetails of the spin-off please refer to TNR's April 27, 2009 news release orvisit https://www.internationallithium.com
The recent acquisition of lithium projects in ,, and confirms the Company'scommitment to project generation, market diversity and building shareholdervalue.
On behalf of the board,
Gary Schellenberg
President