Trigon Metals Inc. is pleased to announce that it has received the initial portion of the US$2M advance from Horizon Corporation Ltd. ahead of August 4th deadline and has notified the Company of its intention to advance the balance on or before August 4, 2025. The accelerated payment follows the successful Trigon shareholder vote on July 4, 2025, and demonstrates Horizon's commitment to closing the transaction in a timely [...]
Trigon Metals Inc. announces it has filed its financial statements for the year ended March 31, 2025 and details below the operational results for the quarter ending March 31, 2025. All amounts are expressed in U.S. dollars, unless otherwise stated. Highlights Copper Production of 310,190 pounds and silver production of 6,878 ounces in Q4 at the Kombat Mine, following operational suspension in January 2025. Net Income [...]
Trigon Metals Inc. announces that it has entered into an amendment to the existing loan agreement with Horizon Corporation Limited , originally dated December 12, 2024, and as amended on February 11, 2025. The Annexure provides for the advance of additional loan tranches of up to USD$7.2 million to support ongoing operations at the Kombat Mine in Namibia. These advances are expected to occur monthly in tranches of [...]
Trigon Metals Inc. is pleased to report that all matters presented to Trigon shareholders in the management information circular dated June 2, 2025 have been approved by Trigon shareholders at the meeting held on July 4, 2025 . The sale of Trigon's interest in the Kombat mine to Kamino Minerals Limited, an affiliate of Horizon was approved by more than 99% of the votes cast at the Meeting. Shareholders at the Meeting also [...]
Trigon Metals Inc. announces a new date for its annual and special meeting of common shareholders to, among other matters, vote on the proposed transaction pursuant to which Horizon Corporation Limited will acquire the Company's interest in the Kombat Project in Namibia following the signing of the definitive share purchase agreement . The Transaction remains subject to the approval of shareholders at the annual and [...]
Trigon Metals Inc. is pleased to announce that it has today entered into a definitive share purchase agreement dated May 27, 2025 with Horizon Corporation Limited and Kamino Minerals Limited pursuant to which Horizon will acquire the Company's interest in the Kombat Project in Namibia . The Sale Agreement follows the execution of a binding term sheet previously disclosed and the completion of due diligence by both [...]
Trigon Metals Inc. announces that it will be holding its annual and special meeting of common shareholders on Wednesday, June 11, 2025, at 10:00 a.m. ET to, among other matters, vote on the proposed sale of the Company's ownership interest in the Kombat Mine to Horizon Corporation Limited . Trigon and Horizon are in the final stages of negotiation the definitive share purchase agreement that will govern the Proposed [...]
Trigon Metals Inc. is pleased to provide an update on the previously announced agreement with Horizon Corporation Limited for the sale of Trigon's ownership interest in the Kombat Mine in Namibia to Horizon . Both Trigon and Horizon remain committed to completing the Transaction and continue to make steady progress toward closing. While the initial internal target date of March 31, 2025, for entering into a binding share [...]
Trigon Metals Inc. has closed a non-brokered second and final tranche of its previously announced non-brokered private placement financing of common shares . The Company issued 5,603,400 common shares at a price of $0.25 per Share for aggregate gross proceeds of $1,400,850 in the Second Tranche. Together with the first tranche of the Offering, the Company has issued an aggregate of 9,993,400 Shares for gross proceeds of [...]
Trigon Metals Inc. announces its operating milestones and financial results for the three months ended December 31, 2024. All amounts are expressed in U.S. dollars, unless otherwise stated. Highlights Steady Copper Production: 2.19 million pounds of copper sold in Q3, despite operational challenges. Silver Output: 32,949 ounces of silver produced, reinforcing Trigon's diversified metal portfolio. Strategic Asset Sale [...]
Trigon Metals Inc. has closed a non-brokered first tranche of its previously announced non-brokered private placement financing of common shares . The Company issued 4,390,000 common shares at a price of $0.25 per Share for aggregate gross proceeds of $1,097,500 in the First Tranche. Due to strong investor demand, the Company is increasing the size of the Offering from total gross proceeds of $1.7 million to $2,533,100 [...]
Trigon Metals Inc. announces that it has entered into an amended agreement with Horizon Corporation Limited regarding the sale of its 80% ownership interest in the Kombat Mine in Namibia . The revised terms reflect a mutually agreed-upon adjustment to the financial structure of the Proposed Transaction while maintaining the strategic benefits for Trigon shareholders. Key Amendments to the Proposed Transaction: The [...]