International Lithium (biggest portfolio on TSX)https://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”).
Theoffering consistedof the issuance of 2,000,000 flow-through shares ofthe Company at a price of$0.25 per flow-through share for grossproceeds of $500,000. As considerationfor acting as agent, the Agentreceived a cash commission of 7% of the grossproceeds raised. Inaddition, the Agent was issued 200,000 agent’s warrants(the “Agent’sWarrants).Each Agent’sWarrant entitles theholder to acquire one non-flow through common share of theCompany at anexercise 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.
Itis anticipated that TNR shareholders of record will receive one shareandone full tradable warrant of International Lithium Corp. for every 4shares ofTNR held as of the yet determined record date. This willresult in TNRshareholders owning shares in both TNR and InternationalLithium. For furtherdetails of the spin-off please refer to TNR's April27, 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