Today
Tru Precious grants options to buy 475,000 shares
2021-11-08 20:07 ET - News Release
Mr. Joel Freudman reports
TRU PRECIOUS METALS GRANTS INCENTIVE STOCK OPTIONS
Tru Precious Metals Corp., subject to regulatory approval, has granted an aggregate of 475,000 incentive stock options to certain of its officers and consultants in accordance with the company's stock option plan. All such Options have an exercise price of $0.23 per share and a 3-year term. The Options vest as follows: (i) 237,500 at 12 months from grant date; and (ii) 237,500 at 24 months from grant date.
The Company also announces that it has filed, to its SEDAR profile, its interim financial statements for the quarter ending September 30, 2021, which was the Company's first complete fiscal quarter of mineral exploration activities.
About TRU Precious Metals Corp.
TRU is drilling for gold in the highly prospective Central Newfoundland Gold Belt, and has an option with a subsidiary of TSX-listed Altius Minerals Corporation to purchase 100% of the Golden Rose Project, located along the deposit-bearing Cape Ray - Valentine Lake Shear Zone. TRU also owns 100% of the Twilite Gold Project, located along the same Shear Zone, and earlier-stage properties in the region. TRU's common shares trade on the TSX Venture Exchange under the symbol "TRU," on the OTCQB Venture Market under the symbol "TRUIF," and on the Frankfurt exchange under the symbol "706."
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 companies listing on Canadian stock exchanges.
Acknowledgement
TRU would like to thank the Government of Newfoundland and Labrador for financial support of the Twilite Gold Project through the Junior Exploration Assistance Program. TRU has been approved for funding for a portion of its 2021 exploration activities at the Twilite Gold Project.