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TRU Precious Metals Corp V.TRU

Alternate Symbol(s):  TRUIF

TRU Precious Metals Corp. is a Canadian natural resources company. The Company’s flagship project is the Golden Rose Project, a regional-scale 300.25 square kilometers (km2) land package in Central Western Newfoundland which straddles a 45 kilometers (km) strike length along the gold deposit-bearing Cape Ray-Valentine Lake Shear Zone, directly between Calibre Mining’s Valentine Gold Project and AuMEGA Metals’ Cape Ray Gold Project. Golden Rose covers an underexplored land package and is transected by the Valentine Lake structural corridor, hosting over 45 km of prospective strike length for gold and copper mineralization. Its exploration will be focused on the critical minerals associated with the deposit-bearing Cape Ray-Valentine Lake Shear Zone, with the view to developing a deeper understanding of the overall critical mineral’s potential at Golden Rose.


TSXV:TRU - Post by User

Comment by glasradoon Dec 18, 2020 9:39am
57 Views
Post# 32138986

RE:RE:NFG

RE:RE:NFG

 

Tru Precious appoints Greene as VP, property development

2020-12-18 09:05 ET - News Release

Mr. Joel Freudman reports

TRU PRECIOUS METALS APPOINTS BARRY GREENE, P.GEO. AS VICE PRESIDENT, PROPERTY DEVELOPMENT

Tru Precious Metals Corp. has appointed Barry Greene, PGeo, currently the company's exploration adviser, as vice-president, property development of the company. Mr. Greene will be instrumental in identifying potential property transactions and corporate mergers and acquisitions prospects, alongside overseeing exploration plans to enhance the value of the Company's investment property portfolio in the Central Newfoundland Gold Belt. He will also remain a member of the Company's Technical Committee.

A geoscientist with over 30 years of experience, Mr. Greene is based in Grand Falls-Windsor, Newfoundland, only 15 kilometers' drive from Tru's Twilite Gold Project. Mr. Greene has worked across Canada, in the United States and internationally for multi-national geological and engineering consulting companies like Amec Foster Wheeler, Wood Plc., BP Resources Canada, and Rio Algom Exploration Inc. He also previously served for 16 years as Exploration Manager and then Vice-President of Exploration for publicly-traded Celtic Minerals Ltd.

"We are delighted to welcome Barry as a key addition to our leadership team at Tru. Barry's expansive technical background, connections in the Newfoundland mining industry, executive-level capital markets experience, and geographical proximity to 3 of our 4 properties are a rare package. He will be an ideal fit in a full-time role at Tru, and I am confident that in 2021 and beyond he will help us build shareholder value through a savvy combination of deals, development, and drilling," stated Joel Freudman, Co-Founder and CEO of Tru.

Mr. Greene added: "I have been impressed with the Tru team's performance, integrity, and culture since first getting involved in an advisory capacity. I look forward to helping the Company grow and monetize its various properties in the Central Newfoundland Gold Belt."

Mr. Greene will also be joining Tru's board of directors (the "Board") in connection with his officer appointment. To facilitate Mr. Greene's directorship without increasing the size of the Board, and in connection with the Company's increased exposure to the mineral exploration industry, Marisa Muchnik has volunteered to depart from the Board.

Mr. Freudman added, "Marisa has provided top-notch advice and support relating to Tru's non-mining holdings, while also bolstering the Company's commitment to independent corporate governance. We are very grateful for her service to Tru, and wish her the best with her future endeavours."

Finally, the Company announces that its CEO has issued a year-end letter to shareholders outlining the Company's recent milestones and 2021 plans. A copy of the letter is available to all interested readers on the Company's website.

About Tru Precious Metals Corp.

Tru seeks unique value-creation opportunities, and has assembled a portfolio of gold exploration properties in the Central Newfoundland Gold Belt. The Company's common shares trade on the TSX Venture Exchange under the symbol "Tru", and on the OTCQB Venture Market under the symbol "TruIF".

Tru is a portfolio company of Resurgent Capital Corp. ("Resurgent"), a merchant bank providing venture capital markets advisory services and proprietary financing. Resurgent works with promising public and pre-public micro-capitalization Canadian companies.

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