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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 Red_Deeron Oct 14, 2022 12:32pm
141 Views
Post# 35025016

RE:Conversion of Accrued Interests Under Lind Debt

RE:Conversion of Accrued Interests Under Lind DebtSo ANY BETS on WHY the BIGGEST TRADING Volume Yesterday Since MAY 17th eh ????

Certainly Possible that there was at least SOME Short SELLING by Yunno Who eh ???

ALL the SHORTs could NOW BE Easily COVERED by these Conversion 13.5 Cent shares eh ???

Trigon Announces Conversion of Accrued Interests Under Lind Debt
 
Trigon Metals Inc. (TSX-V: TM) (“Trigon” or the “Company”) announces that in connection with its C$5.5 million of principal Convertible Security Funding Agreement with Lind Global Fund II, LP (“Lind”) (please see the Company’s press release dated May 4, 2022 for further details), Lind has exercised its right to convert C$270,000 of accrued interest into 2,000,000 common shares of Trigon at a conversion price of $0.135 per Trigon share (the “Lind Shares”).
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