WARNING: THIS IS A LIFESTYLE COMPANY FOR TWO !Since John Anderson controls the company now by way of funding out his back pocket ( some ones back pocket) the existance of this....he controls the debt: He will there for exchange the debt for shares, after the roll back...all along while controling the asset! He and his partner in a Fish Named Wanda- Purple Nurple ( Purple Fish!).
So 138,000,000 is now 13,800,000 and a stock price of .025 now represens a .25 stock...let it sink to ten ( .10 cents) after.....which is where these cr_ _ks( is that two strong)? They will fund the company, exchange shares for debt and off we go again.....this time, they will drop in a NEW ASSET, out of Africa...my god no wonder hes running for cover....the good news is that in the eyes of Newmont and Zinjin, these two are now done ...
How many times can you roll back a stock, right Ralph? I believe based on that fishing this past summer I had in Canmore with the two from Haywood were dealing with a "LIFESTYLE " GROUP....
RICK RULE HAS ALWAYS WARNED US OF THESE TYPES OF COMPANIES. Here it is yet once again This is a GREED DRIVIN STORY...KEEP IN MIND, THEY ARE BROKE! $1M in debt, assays yet not paid for, a drilling company in Yukon not paid.....would you trust this band of merry ( xmas ) Men? At 90, and slowing down.....its not something Ive seen before...right !
From the banks of the Bow, J 103
If it stinks like a dead fish on the bank of the Bow river, it is....
Triumph Gold Corp (2) (C-TIG) - News Release
Triumph Gold to roll back shares on 1:10 basis
2022-12-14 11:09 ET - News Release
Shares issued 138,844,229
TIG Close 2022-12-13 C$ 0.025
Mr. John Anderson reports
TRIUMPH GOLD ANNOUNCES CONSOLIDATION OF SHARE CAPITAL
Triumph Gold Corp. is proposing to consolidate its common shares on the basis of one postconsolidation common share for every 10 preconsolidation common shares. Currently, a total of 138,844,229 common shares are issued and outstanding, which will be consolidated into 13,884,422 common shares, assuming no other change in the issued capital. Share percentage holdings will remain unchanged and Triumph's outstanding options and warrants will be adjusted to reflect the share consolidation. The share consolidation is subject to the approval of the TSX Venture Exchange.
Triumph's board of directors has carefully considered this consolidation of the common shares and believes that, if approved and implemented, Triumph would benefit from enhanced trading liquidity and a greater ability to raise additional capital to finance its operations.
About Triumph Gold Corp.
Triumph Gold is a growth-oriented Canadian-based precious metals exploration and development company. Triumph Gold is focused on creating value through the advancement of the district-scale Freegold Mountain project in Yukon.
We seek Safe Harbor.