Trigon Metals Inc. is pleased to announce that Trigon Mining Ltd , Trigon’s 80% owned subsidiary, has been awarded a new Exclusive Prospecting Licence No. 7525 by the Ministry of Mines and Energy in Namibia. EPL 7525 has been awarded to Trigon Namibia for a three year period, commencing on January 17, 2020, in respect of base and rare metals, industrial minerals and precious metals, subject to the terms and [...]
Trigon Metals Inc. is pleased to provide an update on the investment and engineering, procurement and construction process with Shandong Xinhai Mining Technology & Equipment Inc. . As announced on March 7, 2019, Trigon has entered into a non-binding Memorandum of Understanding with Xinhai pursuant to which Xinhai has agreed to invest in Trigon, in exchange for the right to be appointed as the EPC contractor for the open [...]
Trigon Metals Inc. has closed, on an oversubscribed basis, its previously announced non-brokered private placement financing . The Company issued 30,000,000 units at a price of $0.12 per Unit for gross proceeds of $3,600,000. Each Unit is comprised of one common share of Trigon and one common share purchase warrant . Each Warrant entitles the holder thereof to acquire one Share at a price of $0.20 for a period of 36 [...]
Trigon Metals Inc. intends to complete a non-brokered private placement financing of up to 25,000,000 units at a price of $0.12 per Unit for gross proceeds of up to $3,000,000 . Each Unit will be comprised of one common share of Trigon and one common share purchase warrant . Each Warrant will entitle the holder thereof to acquire one Share at a price of $0.20 for a period of 36 months following the closing date of the [...]
Trigon Metals Inc. is pleased to announce that it has entered into a non-binding Memorandum of Understanding to acquire a 100% interest in the Silver Hill Project in Morocco . The Proposed Transaction is centered around the Silver Hill Project, a 16km2 property in the Anti-Atlas region of Morocco, already home to Africa’s major silver mines . Morocco is well-known to be a favourable jurisdiction for mining, with an [...]
Trigon Metals Inc. has today announced the appointment of Dr. David Shaw to the Company’s Board of Directors, effective immediately. Dr. David Shaw brings a wealth of expertise in public companies and exploration geology. He has worked both in the technical and financial communities within the resource industry for nearly 40 years. He served as an in-house structural consultant on both metal and hydrocarbon [...]
Trigon Metals Inc. has closed the second and final tranche of its previously announced non-brokered private placement financing . The Company issued 1,000,000 units at a price of $0.10 per Unit for gross proceeds of $100,000. Each Unit is comprised of one common share of Trigon and one-half of one common share purchase warrant . Each Warrant entitles the holder thereof to acquire one Share at a price of $0.15 for a period [...]
Trigon Metals Inc. has closed its previously announced non-brokered private placement financing . The Company issued 13,609,320 units at a price of $0.10 per Unit for gross proceeds of $1,360,932. Each Unit is comprised of one common share of Trigon and one-half of one common share purchase warrant . Each Warrant entitles the holder thereof to acquire one Share at a price of $0.15 for a period of 24 months following the [...]
Trigon Metals Inc. intends to complete a non-brokered private placement financing of up to 15,000,000 units at a price of $0.10 per Unit for gross proceeds of up to $1,500,000 . 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 $0.15 for a period of 24 months following the closing [...]
Trigon Metals Inc. is pleased to provide an update on the investment and engineering, procurement and construction process with Shandong Xinhai Mining Technology & Equipment Inc. , details of which were announced on March 7, 2019. In May 2019, representatives of Xinhai visited the Kombat site and undertook an extensive onsite review. Following the site visit, Xinhai has confirmed its commitment to Trigon and the Proposed [...]
Trigon Metals Inc. has closed its previously announced non-brokered private placement financing . The Company issued 15,200,414 common shares at a price of $0.10 per Share for gross proceeds of $1,520,041. The Company intends to use the net proceeds from the Offering to advance its project finance transaction with Shandong Xinhai Mining Technology & Equipment Inc. and other interested parties, property maintenance and [...]
Trigon Metals Inc. intends to complete a non-brokered private placement financing of up to 17,500,000 common shares at a price of $0.10 per Share for gross proceeds of up to $1,750,000 . Closing of the Offering is expected to occur on or about March 29, 2019 and remains subject to customary closing conditions, including the approval of the TSX Venture Exchange. The Shares issued pursuant to the Offering will be subject to [...]