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Trigon Metals Inc V.TM

Alternate Symbol(s):  PNTZF

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 culturedpiggy01on Mar 15, 2022 6:30pm
101 Views
Post# 34516799

$TM.v closes private placement worth $1.94M

$TM.v closes private placement worth $1.94M

$TM.v has announced the closing of a private placement amounting to gross proceeds of $1.94M (at a price of $0.40 per Unit). Details here: https://ca.finance.yahoo.com/news/trigon-closes-fully-subscribed-private-123100308.html

It’s good to see the $TM close the fully subscribed placement after previously announcing the same. the sooner this comes through, we will get updates on operations at Kombat Mine since $TM plans to use part of capital raised on drilling programs at Kombat. keeping my eyes peeled for updates

td, $TM.v trading at $0.44 with market cap at $74.65 M

 

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