Troymet Exploration Corp. is pleased to announce that, subject to TSX Venture Exchange acceptance, Troymet intends to complete: a non-brokered private placement of up to $500,000 at a post-consolidation price of $0.05 per common share ; a consolidation of the common shares in the capital of Troymet on the basis of 10 pre-Consolidation Common Shares for 1 post-Consolidation Common Share; and a change of name to [...]
Troymet Exploration is pleased to announce that, further to its May 3, 2018 news release, Mr. Jason Riley has been appointed to the Board of Directors of Troymet. Mr. Riley’s appointment as a director is subject to TSXV acceptance. Troymet also announces that it has granted Mr. Riley 250,000 stock options, exercisable at $0.05 per share for ten years from date of issuance. Jason Riley has been the President/CEO of [...]
Troymet Exploration Corp. is pleased to announce that, further to its May 3, 2018 news release, it has completed the sale to an arm’s length private purchaser of all of its interest in: Troymet’s 40% interest in 5 mineral claims that are subject to a Joint Venture Agreement among Hudson Bay Mining and Smelting Co., Limited and Troymet dated July 30, 2012; as well as Troymet’s 100% interest in 3 mineral [...]
Troymet Exploration Corp. is pleased to announce that has entered into an asset purchase agreement to sell to an arm’s length private purchaser, subject to TSX-V acceptance, all of its interest in: Troymet’s 40% interest in 5 mineral claims that are subject to a Joint Venture Agreement among Hudson Bay Mining and Smelting Co., Limited and Troymet dated July 30, 2012; as well as Troymet’s 100% interest in [...]
Troymet Exploration Corp. is pleased to announce that it has sold half of its 2% net smelter returns royalty on the Key Property to New Gold Inc. for a cash payment received today of $300,000 and a potential future payment of $81,250. The potential future payment will be made by New Gold to Troymet if a valuation condition in relation to an-arm’s length third party private company is satisfied within two years of [...]
Troymet Exploration Corp. announced today that it has terminated the option agreement on the Wildcat project, where the Company had an option to earn a 70% interest, because of financial stringencies. The Company intends to focus its exploration work on the Redhill and Golden Eagle projects, both of which are located in BC. Troymet owns a 100% interest in the Golden Eagle project. The project, which is well located with [...]
Troymet Exploration Corp. is pleased to announce that all matters set forth in the management proxy and information circular dated January 9, 2018 were approved by the shareholders of Troymet at Troymet's annual general and special meeting of Shareholders held on February 16, 2018. Annual General and Special Meeting All directors as set forth in the Circular were re-elected with each director receiving at least 72.55% of [...]
NANAIMO, British Columbia, Jan. 26, 2018 -- Troymet Exploration Corp. announces that, further to its news release dated November 9, 2017, due to market conditions, Troymet has terminated its $1,500,000 non-brokered private placement. As the private placement is not occurring, no consolidation will be occurring at this time. About Troymet Exploration Corp. Troymet Exploration Corp. is a junior mining exploration company [...]
NANAIMO, British Columbia , Nov. 09, 2017 -- Troymet Exploration Corp. is pleased to announce that, subject to TSX Venture Exchange acceptance, Troymet intends to complete: a $1,500,000 non-brokered private placement; and a consolidation of the common shares in the capital of Troymet on the basis of 10 pre-Consolidation Common Shares for 1 post-Consolidation Common Share. Private Placement Troymet intends to complete a [...]
NANAIMO, B.C., Aug. 17, 2017 (GLOBE NEWSWIRE) -- Troymet Exploration Corp. (TSXV:TYE) ("Troymet" or the Company”) is pleased to report positive results from a recently completed test gravity survey over the volcanogenic massive sulphide (“VMS”) mineralization in the Alpha prospect of the Redhill project in British Columbia (Figure 1 and Figure 2). Gravity anomalies respond to the depth and geometry of a [...]
NANAIMO, British Columbia, July 07, 2017 (GLOBE NEWSWIRE) -- Troymet Exploration Corp. (TSXV:TYE) ("Troymet" or the Company”) reports the completion of a test gravity survey over the volcanogenic massive sulphide (“VMS”) mineralization in the Alpha prospect of the Redhill project in British Columbia (Figure 1 and Figure 2). Results will be reported once received and interpreted. The survey was designed [...]
NANAIMO, BRITISH COLUMBIA--(Marketwired - Jan 24, 2017) - Troymet Exploration Corp. (TSX VENTURE:TYE) ("Troymet" or the Company") is pleased to review its plans for advancing the Redhill project in British Columbia. Troymet's 2016 diamond drilling program on the Alpha prospect intersected two zones of significant copper, volcanogenic massive sulphide ("VMS") mineralization in hole RH16-04, drilled in Horizon 2: &bull [...]