LATEST FIRM TRANSACTION
June 17, 2021
TRU Precious Metals Corp. (TSXV:TRU) has completed a non-brokered financing of “flow-through” units of the company for gross proceeds of approximately $3.5 million, bringing on Eric Sprott as a major shareholder.
TRU has assembled a portfolio of five gold exploration properties in the highly prospective Central Newfoundland Gold Belt. The Company has an option with a subsidiary of TSX-listed Altius Minerals Corporation 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 other under-explored properties including its Rolling Pond Property (under option) bordering New Found Gold Corp.’s high-grade Queensway Project.
Wildeboer Dellelce LLP acted for TRU in connection with the financing with a team comprised of Michael Rennie, Carlye Bellavia and Nathan Holloway (corporate/securities) and Katy Pitch and Marija Tasevska (tax).