RE:Private Placement,,,,,,,,,ATTN: Junior BULL..............Hey "BOSS"__The TOTAL Placement
WILL ACTUALLY BE 25 Million Plus Warrants.
As per the DOCUMENTATION Posted on SEDAR
But NOT Posted in the NEWS Release Offering Document under the Listed Issuer Financing Exemption June 28, 2023
Trigon Metals Inc. (the “Company” or “Trigon”)
SUMMARY OF OFFERING
What are we offering?
Offering: Private placement of units of the Company (“Units”), with each Unit being
comprised of one common share of the Company (a “Common Share”) and
one-half of one Common Share purchase warrant (each whole warrant, a
“Warrant”). Each Warrant will be exercisable to acquire an additional
Common Share at an exercise price of $0.30 per Common Share for a period
of thirty-six months following the Closing Date (as defined herein).
Each Common Share carries one vote at all meetings of shareholders, is
entitled to receive dividends as and when declared by the board of directors
of the Company and is entitled to participate in the remaining property and
assets of the Company upon dissolution or winding-up. The Common Shares
do not carry any pre-emptive, subscription, redemption or conversion rights.
Offering Price: $0.20 per Unit (the “Issue Price”).
Offering Approximately 15,000,000 Units, up to a maximum of 25,000,000 Units, for
Amount: estimated gross proceeds of $3,000,000 and maximum gross proceeds of
$5,000,000 (the “Offering”).
Closing Date: One or more tranches on or about July 12, 2023, or such other date(s)
as may be determined by the Company and the Lead Agent (as defined
herein) (the “Closing Date”).
Exchange: The Common Shares are listed on the TSX Venture Exchange (the “TSXV”)
under the trading symbol “TM” and on the OTCQB (the “OTCQB”) under the
trading symbol “PNTZF”.
Last Closing The last closing price of the Common Shares on the TSXV and on the
Price: OTCQB on June 27, 2023 was $0.255 and US$0.19, respectively.