Red_Deer wrote: With ALL the Recent TREMENDOUS TURMOIL in the Financial Markets due to the FED Determination to KEEP RAISING Rates__EVEN if This PUSHES into a RECESSION__Increases the POSSIBILITY that the
TERMS of the
PROPOSED July Silver Streaming Deal
MAY NEED TO BE ADJUSTED eh ?????
Maybe TIME to CONSIDER the
Possibility of a DEJA VUE for the OVERDUE Signing of the DEFINITIVE Streaming Agreement ?????
Recall What TOOK PLACE Last January TORONTO, Jan. 28, 2022 (GLOBE NEWSWIRE) -- Trigon Metals Inc. (TSX-V: TM) (“Trigon” or the “Company”) is amending the pricing of its previously announced non-brokered private placement financing to a price of $0.35 per unit. The offering will now consist of up to 8,571,428 units (the “Units”) for gross proceeds of up to $3,000,000 (the “Offering”).
Volatile market conditions and weakness in speculative markets have prompted the repricing of the Offering. The net proceeds of the Offering will be used to satisfy working capital needs as the Company awaits the beginning of copper concentrate sales and payment. Copper concentrate is currently being produced and stockpiled preparing for the first shipment, expected early in February.
TORONTO, Jan. 05, 2022 (GLOBE NEWSWIRE) -- Trigon Metals Inc. (TSX-V: TM) (“Trigon” or the “Company”) intends to complete a non-brokered private placement of up to 4,444,444 units (the “Units”) at a price of $0.45 per Unit for gross proceeds of up to $2,000,000 (the “Offering”).
Each Unit is comprised of one common share of Trigon (a “Share”) and one-half of one common share purchase warrant (each whole warrant, a “Warrant”). Each Warrant will entitle the holder thereof to acquire one Share at a price of $0.50 for a period of 24 months following the date hereof, subject to an acceleration provision whereby in the event that at any time after the expiry of the statutory hold period, the Shares trade at $0.75 or higher on the TSX Venture Exchange for a period of 30 consecutive days, the Company shall have the right to accelerate the expiry date of the Warrants to the date that is 30 days after the Company issues a news release announcing that it has elected to exercise the acceleration right.