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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 25, 2022 1:42pm
77 Views
Post# 35047330

#@$#@$%#%$#&^%,,,,,,,,,19 LOUSY CENTS........(*)(&(*&^*&^%%

#@$#@$%#%$#&^%,,,,,,,,,19 LOUSY CENTS........(*)(&(*&^*&^%%IS THIS ALL THE JUICE with the PEDAL to the METAL eh !!!!!!!!!!!!!

GOTTA a BAD FEELING that THIS Could BE a FACTOR__the HEDGY LIND could be DUMPING/LOCKING IN at least Some of THESE 5 MILLION Shares eh ????? !!!!!


Lind Repayment

In connection with the Transaction, the Company repaid Lind C$5,500,000 of principal under the CSFA and agreed to repay the remaining prepaid interest obligation of C$530,000 ($830,000 total, less a C$300,000 reduction granted by Lind for early repayment) by the issuance of 3,271,605 common shares of the Company (the "Pre-Paid Interest Shares") at a deemed price of C$0.162 per share. As per our press release of October 14, 2022, Lind 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 which were issued to Lind on October 17, 2022. Upon issuance of the Pre-Paid Interest Shares all the obligations of the Company under the CSFA shall be satisfied in full.

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