Treasury Metals Inc. is pleased to announce that the Company has received clearance from the Ontario Securities Commission to file a final short form prospectus qualifying the distribution of the securities underlying the subscription receipts of the Company, issued in connection with the Company's $11.52 million bought deal private placement that closed on July 7, 2020. The Subscription Receipts are expected to convert [...]
Treasury Metals Inc. is providing an update on the Company's trading symbol in the United States. As a result of the Company's three for one Common Share consolidation , in effect prior to the opening of business on August 11, 2020, the Common Shares now trade on the OTCQX under the symbol "TSRMD", for 30 days before resuming the original "TSRMF" symbol. Treasury's Common Shares on the Toronto Stock Exchange in Canada [...]
Treasury Metals Inc. is pleased to announce that the Company completed its previously announced acquisition pursuant to a share purchase agreement with First Mining Gold Corp. whereby Treasury acquired all of the issued and outstanding shares of Tamaka Gold Corporation, a wholly owned subsidiary of First Mining that owns a 100% interest in the Goldlund Gold Project, located adjacent to Treasury's Goliath Gold Project in [...]
TSX: TML OTCQX: TSRMF Treasury Metals Inc. is pleased to announce that its shareholders have approved all items of business brought before them at the Company's annual and special meeting of shareholders held today including overwhelmingly in respect of the previously announced share purchase agreement with First Mining Gold Corp. pursuant to which Treasury will acquire all of the issued and outstanding shares of Tamaka [...]
Treasury Metals Inc. is pleased to report the latest results from the 2019-2020 drill program at the Goldlund Gold Project. Drilling by First Mining Gold Corp. focused on delineating mineralization in the eastern portion of the defined resource area at Goldlund, with these results including the highest-grade interval encountered to date in the 2019-2020 program, Hole GL-20-033, which intersected 173.8 grams per tonne gold [...]
Treasury Metals Inc. announces that its ownership of securities of Platinex Inc. has been increased to approximately 10.633% of Platinex's issued and outstanding share capital, as a result of common shares and warrants received as consideration pursuant to a purchase agreement. Prior to acquisition of common shares and warrants by Treasury, the Company held 1,000,000 common shares, representing approximately 1% of the [...]
Treasury Metals Inc. and Platinex Inc. are pleased to announce that pursuant to the terms of the mining investment agreement dated July 15, 2020 between Treasury, and Treasury's wholly-owned subsidiary Goldeye Explorations Ltd., and Platinex Inc., the Company has sold to Platinex an aggregate of 208 unpatented mining claims located in the Shining Tree District, Northern Ontario and three net smelter royalties . The Mining [...]
Treasury Metals Inc. is pleased to announce that the Company has closed a $11.52 million bought deal private placement of 32,000,000 subscription receipts at a price of $0.36 per Subscription Receipt. The Offering was led by Haywood Securities Inc., and included PI Financial Corp., Sprott Capital Partners LP, and Canaccord Genuity Corp. Greg Ferron, CEO of Treasury, stated: "Completion of this financing comes at a [...]
Treasury Metals Inc. is pleased to report further results from the drill program underway at the Goldlund Gold Project. Drilling by First Mining Gold Corp. continues to define mineralization in the eastern portion of the defined resource area at Goldlund and supports the potential for resource expansion at the Project. Treasury Metals is in the process of closing a definitive share purchase agreement with First Mining and [...]
Treasury Metals Inc. is pleased to report that, in connection with its previously announced bought deal private place financing, the Company and a syndicate of underwriters, led by Haywood Securities Inc., and including PI Financial Corp., Sprott Capital Partners LP, and Canaccord Genuity Corp. have agreed to increase the size of the offering to an aggregate of 32,000,000 subscription receipts of the Company. The [...]
Treasury Metals Inc. is pleased to announce that it has entered into an agreement with a syndicate of underwriters led by Haywood Securities Inc. in connection with a “bought deal” private placement financing of an aggregate of 27,800,000 subscription receipts at a price of $0.36 per Subscription Receipt for gross proceeds of $10,008,000. The Offering is being completed in connection with the Company’s previously [...]
TSX: TML OTCQX: TSRMF Treasury Metals Inc. is pleased to announce that the Company has entered into a definitive share purchase agreement with First Mining Gold Corp. pursuant to which Treasury will acquire all of the issued and outstanding shares of Tamaka Gold Corporation, a wholly-owned subsidiary of First Mining that owns a 100% interest in the Goldlund Gold Project , located adjacent to Treasury's Goliath Gold [...]