Eric Sprott announces that, today, 2176423 Ontario Ltd. exercised 1,333,333 common share purchase warrants of Trigon Metals Inc., at $0.25 per common share for aggregate consideration of $333,333. The exercise of Warrants, combined with prior corporate treasury issuances of Shares, resulted in a decrease in holdings of approximately 2.9% of the outstanding Shares on a partially diluted basis since the date of the last [...]
Trigon Metals Inc. is pleased to announce that Tulela Mining & Construction CC , the open pit mining contractor for its Kombat Mine in Namibia, has commenced with mining establishment at site. Tulela has established an operational base at the Kombat site, including the refurbishment of offices and workshops, and has commenced with the delivery of mining equipment to site, including a dozer and a drill rig. In the upcoming [...]
Trigon Metals Inc. has closed, on an oversubscribed basis due to investor demand, a non-brokered second and final tranche of its previously announced private placement of units . The Company issued 7,562,500 units pursuant to the Second Tranche at a price of $0.40 per Unit for aggregate gross proceeds of $3,025,000. Combined with the first tranche of the Offering, which closed earlier this month, the Company has issued a [...]
Trigon Metals Inc. has filed an updated NI 43-101 technical report covering the Kombat copper project in Namibia. The updated NI 43-101 technical report reports an Indicated Minerals Resource of 12.22 million tonnes and an Inferred Mineral Resource of 1.91 million tonnes, representing a 66% increase in the Indicated Mineral Resource from the previous estimate reported at October 1, 2020 . Combined Mineral Resource as at 3 [...]
Trigon Metals Inc. has closed a non-brokered first tranche of its previously announced private placement of units . The Company issued 9,602,500 units pursuant to the First Tranche at a price of $0.40 per Unit for aggregate gross proceeds of $3,841,000. Each Unit is comprised of one common share of Trigon and one-half of one common share purchase warrant . Each Warrant will entitle the holder thereof to acquire one Share [...]
Trigon Metals Inc. is pleased to announce that due to investor demand, the Company is increasing its previously announced non-brokered private placement financing from total gross proceeds of up to $5,000,000 to total gross proceeds of up to $6,844,000.00 . The Offering will now consist of up to 17,110,000 units at a price of $0.40 per Unit. The Company has now closed the order book and will move to close the Offering [...]
Trigon Metals Inc. intends to complete a non-brokered private placement financing of up to 12,500,000 units at a price of $0.40 per Unit for gross proceeds of up to $5,000,000 . Each Unit will be comprised of one common share of Trigon and one-half of one common share purchase warrant . Each Warrant will entitle the holder thereof to acquire one Share at a price of $0.50 for a period of 24 months following the closing [...]
Trigon Metals Inc. announces the completion of the manufacture of long lead equipment items for the Kombat processing plant by Yantai Xinhai Industry & Trade Co., Ltd Mining Engineering Co., Ltd) . As announced previously , Trigon has procured various equipment items, including new flotation cells, from Xinhai. Completed items will be shipped from China to Namibia over the course of the next few weeks. Other long lead [...]
Trigon Metals Inc. is pleased to announce the signature of a Power Supply Agreement with local power distributor, CENORED Ltd. On August 13, 2021, representatives of Trigon attended a rebranding launch hosted by CENORED, at which the formal PSA between Trigon and CENORED was signed. This follows an earlier agreement between the parties on the terms and conditions of the PSA and the payment by Trigon for the installation [...]
Trigon Metals Inc. announced today the appointment of Tulela Mining & Construction CC as the open pit mining contractor for its Kombat Mine in Namibia. Trigon has signed an agreement with Tulela to commence with equipment mobilization and site establishment from August 2021, with open pit mining planned to commence by October 2021. Tulela was selected by Trigon in for its extensive open pit operating experience in [...]
Trigon Metals Inc. announces an updated NI 43-101 Mineral Resource estimate at the Kombat Mine in Namibia. Combined open pit and underground Indicated Mineral Resources estimates have risen to 12.2 million tonnes at 1.94% copper, 13.65 g/t silver and 0.70% lead, as compared to thestrictly open pit Indicated Mineral Resource estimate of 7.35 million tonnes at 0.91% copper, 0.58g/t silver and 0.88% lead announced . Jed [...]
Trigon Metals Inc. is pleased to provide an update on the progress of the various projects related to the restart of its Kombat Mine in Namibia, where open pit mining is planned to recommence in late 2021. The Company is targeting initial production of 4,000t of copper in concentrate for the 2022 calendar year, by accessing ore from the open pit. Planned production is expected to increase to 14,500t of copper in [...]
+1572,00 %
-56,25 %