With ALL the MONTHS Past Now of NEGOTIATIONS__the So Called ""DIRECTION"" Likely
Will BE Considerably DIFFERENT than What the ORIGINAL TERMS Posted in JULY Were ???
Trigon Announces Conversion of Accrued Interests Under Lind Debt
V.TM | 3 days ago
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”).
The issuance of the Lind Shares is subject to the approval of the TSX Venture Exchange.
Trigon continues to advance the definitive documentation in connection with the completion of the streaming transaction (the “Streaming Transaction”) with Sprott Resources Streaming and Royalty Corp. and Sprott Mining Inc. (Please see the Company’s press release dated July 20, 2022 for further details).