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Bullboard - Stock Discussion Forum TRU Precious Metals Corp V.TRU

Alternate Symbol(s):  TRUIF

TRU Precious Metals Corp. is a Canadian natural resources company. The Company’s flagship project is the Golden Rose Project, a regional-scale 300.25 square kilometers (km2) land package in Central Western Newfoundland which straddles a 45 kilometers (km) strike length along the gold deposit-bearing Cape Ray-Valentine Lake Shear Zone, directly between Calibre Mining’s Valentine Gold Project and... see more

TSXV:TRU - Post Discussion

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Post by glasrado on Mar 23, 2021 3:50pm

Today

 

Tru Precious appoints Bradley as exploration manager

2021-03-23 14:55 ET - News Release

Mr. Joel Freudman reports

TRU PRECIOUS METALS HIRES PEARCE BRADLEY, P.GEO. AS EXPLORATION MANAGER

Tru Precious Metals Corp. has hired Pearce Bradley, BSc, PGeo, as exploration manager for the company's district-scale property portfolio in the central Newfoundland gold belt. Mr. Bradley will oversee the planning, managing, and overall implementation of the Company's mineral exploration programs, working closely with the Company's Vice President of Property Development, Barry Greene, P.Geo.

A geologist with over 35 years of experience, Mr. Bradley has worked across Canada in multiple roles in mineral exploration, mining, geotechnical and wellsite geology. He has performed many leadership and project management functions in each of these aspects, with a significant focus on Newfoundland exploration and mining development projects. Mr. Bradley most recently worked for Maritime Resources Corp. on its Hammerdown and Whisker Valley gold projects in the Baie Verte-Springdale Mining District in Newfoundland.

Tru Co-Founder and CEO Joel Freudman commented, "I am delighted to welcome Pearce to Tru. He is an excellent choice as our Exploration Manager, bringing a wealth of geological knowledge of Newfoundland. Pearce also has familiarity with the mine development process, both open pit and underground, from his prior employment with numerous gold and copper mining projects in Newfoundland. Pearce's addition further amplifies our exploration team, to which we have also just added a Field Geologist for the 2021 exploration season. With Tru's recent over-subscribed $3.5 million financing closed earlier this month, and the ongoing build-out of our team, Tru is increasingly well-positioned to unlock value for our enlarged shareholder base."

Mr. Bradley added: "I am very excited about this opportunity to work with Tru on its exploration projects within the Central Newfoundland Gold Belt, including the Company's flagship Golden Rose Project. I look forward to helping the entire team advance and build on the work that has already been done in amassing a promising land package in the region, and contributing to Tru's systematic approach to its current and future exploration projects."

The Company also wishes to provide an update that it continues to work with the TSX Venture Exchange (the "Exchange") in order to complete its Change of Business (as defined in Exchange policies) as expeditiously as possible, and thereafter to resume the trading of the Company's common shares on the Exchange. The Company filed its comprehensive submission with the Exchange in mid-March, and will provide a further update in this regard when there is any material development.

About Tru Precious Metals Corp.

Tru Precious Metals has assembled a portfolio of 5 gold exploration properties in the highly prospective Central Newfoundland Gold Belt. The Company has entered into a definitive option agreement with a subsidiary of TSX-listed Altius Minerals Corporation for the option to purchase 100% of the Golden Rose Project, located along the deposit-bearing Cape Ray - Valentine Lake Shear Zone. Tru also owns 100% of the Twilite Gold Project, located along the same Shear Zone, and 3 under-explored properties including its Rolling Pond Property (under option) bordering New Found Gold Corp.'s high-grade Queensway Project.

Tru Precious Metals is a portfolio company of Resurgent Capital Corp., a merchant bank providing venture capital markets advisory services and proprietary financing. Resurgent works with promising public and pre-public micro-capitalization Canadian companies.

Comment by Farmer9 on Mar 23, 2021 6:27pm
I wonder if the Change of Business can be completed before the load to Revive is paid in full.
Comment by Farmer9 on Mar 23, 2021 7:50pm
I meant to say the loan to Revive.  The loan is a load of you know what!!!
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