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Trigon Metals Inc V.TM

Alternate Symbol(s):  PNTZD

Trigon Metals Inc. is a Canada-based exploration and development company. The Company is focused on copper and silver holdings in mine-friendly African jurisdictions. The Company has operations in Namibia and Morocco. In Namibia, it holds an 80% interest in five mining licenses in the Otavi Mountainlands, an area of Namibia generally recognized for its high-grade copper deposits, where the Company is focused on exploration and re-development of the producing Kombat Mine. In Morocco, it is the holder of the Silver Hill and Addana projects, highly prospective copper and silver exploration projects. The Silver Hill is a 16 square kilometers (km2) property located in the Anti-Atlas region. The Kombat Mine is located in the Otavi Mountainland on the Northern Platform Margin of the Damara Orogenic Belt. Its Kalahari Copperbelt Project includes a substantial land package in Namibia with primary Exclusive Prospecting Licenses (EPLs) covering 280 km along the strike of the Kalahari Copper Belt.


TSXV:TM - Post by User

Post by partystockeron Feb 02, 2022 4:27pm
148 Views
Post# 34390726

$TM compensating for volatile market conditions

$TM compensating for volatile market conditions

Trigon Metals $TM $TM.V has amended the price of its private placement to compensate for volatile market conditions and the overall weakness of speculative markets currently. 


The company is now offering one common share and one-half warrants at a price of $.35 with a goal of raising $3 million in total. 


I’m excited to see what the next couple of quarters hold for $TM, as the company was on quite a strong bullish trend towards historic resistance. At this moment, copper concentrate is being produced and stockpiled at the company’s Kombat mine in Namibia, preparing for the company’s first shipment this month. 


Shares of $TM are currently trading at $.335 and the company is valued at an MCAP of $52.81 million. 


https://ceo.ca/@nasdaq/trigon-amends-private-placement-financing

 
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