Treasury Metals is pleased to provide a project update on the Company's northwestern Ontario-based Goliath Gold Project, which the Company is positioning to become one of Canada's next producing gold mines. The Company's objectives for the project are being achieved including mine permitting activities, technical engineering studies, additional exploration, and important long lead items such as securing electrical energy [...]
TSX: TML TORONTO, June 20, 2016 /CNW/ - Treasury Metals Inc. ("Treasury" or the "Company") is pleased to announce it has closed the previously announced Term Loan for US$4.4 million (approx. CAD$5.68 million) with Extract Advisors LLC acting as Agent with Loinette Leasing Company Ltd. and Extract Capital Master Fund Ltd as lenders (the "Lenders"). Concurrently, Treasury has repaid in full the existing loan facility with [...]
TSX:TML TORONTO, June 8, 2016 /CNW/ - Treasury Metals Inc. ("Treasury Metals" or the "Company") (TSX:TML), a gold exploration and development company focused on Goliath Gold Project in northwestern Ontario, is pleased to announce the results of its annual and special meeting of shareholders (the "Meeting") held on June 7, 2016. A total of 56,081,294 common shares ("Common Shares"), which is 67% of the outstanding Common [...]
TSX: TML TORONTO, June 3, 2016 /CNW/ - Treasury Metals Inc. ("Treasury Metals" or the "Company"), today announced the resignation of President and Chief Executive Officer Martin Walter. Mr. Walter, who has served in this position since 2011 and who played a major role in transitioning the Goliath Gold Project from exploration to development has resigned effective immediately to pursue the CEO role at Vena Resources, a [...]
TSX: TML TORONTO, May 18, 2016 /CNW/ - Treasury Metals Inc. ("Treasury Metals" or the "Company") is pleased to announce that it is completing its previously announced brokered private placement financing, including the exercise of the over-allotment option, prior to the opening of the market this morning, for aggregate gross proceeds of $3.0 million (the "Offering") with Haywood Securities Inc. acting as agent (the [...]
TSX: TML TORONTO, May 5, 2016 /CNW/ - Treasury Metals Inc. ("Treasury Metals" or the "Company") is pleased to announce Haywood Securities Inc., the agent for the Company's previously announced brokered private placement financing of up to 4,200,000 units of the Company ("Units") at price of C$0.48 per Unit (the "Brokered Offering"), has elected to exercise their over-allotment option in full to sell up to an additional [...]
TSX: TML TORONTO, April 27, 2016 /CNW/ - Treasury Metals Inc. ("Treasury Metals" or the "Company") is pleased to announce that it has entered into an agreement with Haywood Securities Inc. (the "Agent") to raise aggregate gross proceeds of up to C$2.0 million in units ("Units") at a price of C$0.48 per Unit (the "Offering") on a commercially reasonable efforts private placement basis. Each Unit shall consist of one [...]
TSX: TML TORONTO, March 31, 2016 /CNW/ - Treasury Metals Inc. ("Treasury" or the "Company") is pleased to announce it has entered into a binding term sheet with Loinette Company Leasing Ltd. ("Loinette") and Extract Capital Master Funds Ltd. ("Extract") (together, the "Lenders"), with Extract acting as agent to the Lenders, to arrange a buy-out and increase of the existing loan facility with RMB Australia Holdings [...]
TSX:TML TORONTO, Jan. 22, 2016 /CNW/ - Treasury Metals Inc. (TSX:TML) ("Treasury Metals" or, the "Company") announces that it has filed on SEDAR a supplement to its 2015 Management Information Circular (the "Supplement") dated April 14, 2015. The Supplement includes the gender diversity disclosure required by items 10 to 15 of National Instrument 58-101F1 – Corporate Governance Disclosure. To learn more about Treasury [...]
TSX:TML TORONTO, Jan. 13, 2016 /CNW/ - Treasury Metals Inc. (TSX:TML) ("Treasury Metals" or, the "Company") is pleased to announce that it has closed a final tranche of C$502,500 of units ("Units") in a non-brokered private placement (the "Final Closing"). The additional units combined with the C$497,500 that closed on December 29, 2015, total aggregate gross proceeds of C$1 million (the "Final Closing" and, collectively [...]
TSX:TML TORONTO, Dec. 29, 2015 /CNW/ - Treasury Metals Inc. (TSX:TML) ("Treasury Metals" or, the "Company") is pleased to announce that it has closed a C$497,500 non-brokered private placement (the "First Closing") and is scheduled to close an additional final tranche of C$148,750 non-brokered private placement on or about January 8, 2016 (the "Final Closing" and, collectively with the First Closing, the "Offering"), for [...]
TSX:TML TORONTO, Dec. 16, 2015 /CNW/ - Treasury Metals Inc. ("Treasury" or the "Company") (TSX:TML) is pleased to announce the appointment of Christophe Vereecke to the Board of Directors of the Company. Mr. Vereecke is a successful businessman and entrepreneur based in Paris, with a background in finance, oil and gas, mine royalties and technology. As an entrepreneur he has been involved in the startup of several [...]