Transactions

Transactions

Overview

TRU Precious Metals Corp. Completes $1.5 Million Financing

May 17, 2022

TRU Precious Metals Corp. (TSXV:TRU) has completed a non-brokered financing of a combination of “hard dollar” and “flow-through” units of the company for gross proceeds of $1.468 million.

TRU is exploring for gold and copper in the highly prospective Central Newfoundland Gold Belt and has an option with TSX-listed Altius Minerals to purchase 100% of the Golden Rose Project. Golden Rose is a regional-scale 236 km2 land package, including a newly discovered 20 km district-scale structure and an additional 45 km of strike length along the deposit-bearing Cape Ray - Valentine Lake Shear Zone, directly between Marathon Gold's Valentine Gold Project and Matador Mining's Cape Ray Gold Project.

Wildeboer Dellelce LLP acted for TRU in connection with the financing with a team comprised of Michael Rennie and Julian Lupo (corporate/securities) and Katy Pitch and Marija Tasevska (tax).