TNR Gold Corp V.TNR

Alternate Symbol(s): TRRXF

Metals & Mining Industrial Metals & Minerals

TNR Gold Corp. is a Canada-based green energy metals royalty and gold company. The Company is engaged in the business of acquiring and owning royalties. It is also engaged in the business of acquiring and exploring its mineral properties located in the United States. At its core, it provides a scope of exposure to gold, copper, silver and lithium through its holdings in Alaska and royalty holdings in Argentina. Its projects include the Shotgun Gold Project, the Los Azules Copper-Gold Project, and the Mariana Lithium Project. The Shotgun Gold Project is an advanced-stage exploration prospect in southwestern Alaska. The Shotgun Gold Project is located in southwestern Alaska approximately 150 kilometers (km) north of Dillingham and 190 km south of the Donlin Gold Project. The Los Azules Copper-Gold Project is in San Juan, Argentina. The Mariana Lithium Project is located in Argentina. Its subsidiaries include 0828073 BC Ltd., Ameri Gold Corp., Bristol Exploration Co. Inc., and others.

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TNR Gold Corp

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Comment by RX4H1N1on Jun 20, 2012 8:28pm

185 Views

Post# 20036955

RE: RE: RE: Shotgun: LOAN APPROVED!

Very good point BCBeaver......thanks for catching my oversight!!! Forgot all about compounding.

so.....on May 31, 2013 = $4.2 million due

on May 31, 2014 = $ 5.04 million due

on May 31, 2015 = $ 6.048 million due

The Loan is due and payable on or before May 31, 2015 and is secured by a promissory note and general security agreement. The Loan will bear interest at the rate of 20% per annum.

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