Treasury Metals is providing an update on its 100% owned Weebigee Project and the recent arbitration proceedings between Treasury Metals subsidiary Goldeye Exploration Ltd. and Sandy Lake Gold. Weebigee is a non-core asset that provides Treasury Metals with an additional northwestern Ontario gold project and was acquired on November 14, 2016. Background on Weebigee Project: Weebigee Project is an early stage and [...]
/STATES/ TSX:TML TORONTO, June 25, 2018 /CNW/ - Treasury Metals Inc. is pleased to announce it has closed a non-brokered private placement financing on June 25, 2018 . The Company issued 11,904,762 units at a price of CAD$0.42 per Unit for total gross proceeds of CAD$5 million. Each Unit is comprised of one common share in the capital of the Company and one Common Share purchase warrant with each Warrant being [...]
TSX: TML OTCQX: TSRMF TORONTO, June 15, 2018 /CNW/ - Treasury Metals Inc. , a gold exploration and development company focused on Goliath Gold Project in northwestern Ontario, is pleased to provide below the results of its annual and special meeting of shareholders held on June 13, 2018. At the Meeting, a total of 52,736,043 common shares of the Company, were represented and all matters presented for approval at the [...]
TSX: TML OTCQX: TSRMF TORONTO, May 30, 2018 /CNW/ - Treasury Metals Inc. is pleased to announce additional assay results from the active infill and resource expansion/exploration drilling program at Treasury's flagship Goliath Gold Project located in northwestern Ontario. The Company has three objectives in this drilling program, which include: 1) exploration drilling of a downdip [...]
TSX: TML OTCQX: TSRMF TORONTO, May 15, 2018 /CNW/ - Treasury Metals Inc. is providing additional information further to its 2017 year-end financial statements regarding notification by the Canada Revenue Agency of its determination in respect of the flow-through spending audit commenced by the CRA in December 2016 regarding certain expenditures incurred by the Company in the years [...]
TSX: TML OTCQX: TSRMF TORONTO, May 14, 2018 /CNW/ - Treasury Metals Inc. today announced as part of the mine permitting process, the Company formally submitted responses to the Information Requests along with a revised Environmental Impact Statement to the Canadian Environmental Assessment Agency . The Company is pleased to report that on May 11, 2018, CEAA confirmed the EIS meets their completeness requirements to move [...]
TSX: TML OTCQX: TSRMF TORONTO, May 1, 2018 /CNW/ - Treasury Metals Inc. has adopted a shareholder rights plan . The purpose of the Rights Plan is to provide the shareholders and Board of Directors with adequate time to consider and evaluate any unsolicited bid and to provide the Board of Directors with adequate time to identify, develop and negotiate value-enhancing alternatives, if considered appropriate, to any such [...]
TSX: TML OTCQX: TSRMF TORONTO, March 27, 2018 /CNW/ - Treasury Metals Inc. is pleased to announce initial assay results from its active 15,000-meter infill exploration drilling program at the Company's flagship Goliath Gold Project located in northwestern Ontario. The Company is currently exploring and infill drilling in the Main Zone with two rigs. A drill hole location plan map [...]
/STATES/ TSX:TML TORONTO, Dec. 21, 2017 /CNW/ - Treasury Metals Inc. is pleased to announce that it has closed the private placement financing previously announced on December 5, 2017 and upsized on December 6, 2017 . The Company issued 6.35 million flow-through common shares at an issue price of $0.67 per Flow-Through Share for total gross proceeds of $4,254,500. With completion of the Offering, Treasury Metals has [...]
TSX: TML OTCQX: TSRMF TORONTO, Dec. 18, 2017 /CNW/ - Treasury Metals Inc. is pleased to announce that it has entered into a Memorandum of Understanding with the Métis Nation of Ontario in relation to the Company's Goliath Gold Project in Northwestern Ontario . The MOU is a framework agreement with the MNO – including the Atikokan Métis Community Council, the Kenora Métis Community Council, the [...]
TSX:TML /STATES/ TORONTO, Dec. 6, 2017 /CNW/ - Treasury Metals Inc. is pleased to announce that it has entered into an amending agreement with a syndicate of agents led by Haywood Securities Inc. , to increase the amount of the private placement financing from 4,500,000 flow-through common shares up to 6,350,000 flow-through common shares of the Company for aggregate gross proceeds of approximately $4.25 million. Other [...]
Treasury Metals Inc. is pleased to announce that it has entered into an agreement with a syndicate of agents led by Haywood Securities Inc. , to complete a private placement financing on a commercially reasonable efforts basis of up to 4,500,000 flow-through common shares of the Company at an issue price of $0.67 per Flow-Through Share for gross proceeds of up to $3,015,000. The proceeds from the issuance of Flow-Through [...]
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