As a result of a review by the British Columbia Securities Commission, Troy Minerals Inc. is issuing the following news release to clarify disclosure regarding its Lake Owen project located in Wyoming. Lake Owen Project The Company's corporate presentation, website and articles published through an investor relations provider reference approximate tonnage of 1.4 billion tons of surface minable oxides including Vanadium [...]
Troy Minerals is pleased to announce that further to its news release dated July 18, 2024, it has closed the second tranche of its private placement financing of 1,839,284 flow-through units at a price of $0.28 per FT Unit for gross proceeds of $515,000 and closed on 1,511,000 non-flow-through units at a price of $0.25 per NFT Unit for gross proceeds of $377,750, for combined gross proceeds of $892,750 . Each FT Unit is [...]
Troy Minerals is pleased to announce that further to its news release dated June 19, 2024, it has completed the first tranche of its private placement financing of 1,500,000 flow-through units at a price of $0.28 per FT Unit for gross proceeds of $420,000. Each FT Unit is comprised of one common share of the Company which qualifies as a "flow-through" share as defined in subsection 66 of the Income Tax Act and one-half of [...]
Troy Minerals is pleased to announce that further to its news release dated June 10, 2024, it has signed a definitive agreement with CBGB Ventures Corp. to acquire 100% of the issued and outstanding shares of CBGB in consideration for 3,244,151 Troy common shares and 9,732,454 special warrants of the Company. CBGB holds the Table Mountain Silica Project, and together with Troy, will have the right to acquire up to an 80 [...]
Troy Minerals Inc. is pleased to announce that a program of soil sampling on its 100% owned REE Lac Jacques project in Quebec has been completed. The soil program expanded upon the 2023 soil geochemistry survey by extending the sampled area eastward from the Western Grid, eastward toward the Eastern Grid, following the assumed strike of the dyke toward the eastern anomaly. 312 B-Soil samples were collected and are being [...]
Troy MineralsInc. is pleased to extend its congratulations to Homerun Resources Inc. on the development of a femtosecond thermal laser processing method to achieve 99.999% purity in raw silica sand. This achievement, conducted by researchers at University of California, Davis in collaboration with Homerun Resources, represents a significant milestone in the field of critical and energy materials. "We at Troy Minerals are [...]
Troy Minerals Inc. is pleased to announce the formal recognition of silica as a critical mineral by the Government of Canada. This acknowledgement validates Troy's belief in the importance of silica and strengthens the Company's position in the critical minerals sector. The Company is currently pursuing the strategic acquisition of CBGB Ventures Corp. , which holds interests in two high purity silica projects: the Table [...]
Troy Minerals Inc. announces that it has signed a binding letter of intent dated June 6, 2024 with CBGB Ventures Corp. to acquire 100% of the issued and outstanding shares of CBGB . CBGB is a privately held company incorporated in British Columbia that holds interest in two high purity silica projects: the Table Mountain Silica Project near Golden, B.C., and the Tsagaan Zalaa Silica Project in Mongolia. Through the [...]
Troy Minerals Inc. is pleased to announce that the final permits have been obtained for the Company's Lake Owen project's 2024 drilling campaign. The Lake Owen Project is in Wyoming, USA, located approximately 50 km southwest of Laramie, Wyoming . Last year the US government identified the Lake Owen Complex as a potential source of strategic metals including vanadium, titanium, PGE and copper and nickel sulfides and [...]
Troy Minerals Inc. is pleased to announce the addition of Simon Sefzik to its growing advisory board, further enhancing the company's strategic insights and expertise, particularly in the United States. Mr. Sefzik brings a wealth of experience in public policy and governance, having served as the youngest state senator in Washington state - appointed to the State Senate in 2022, , where he served on the Senate Housing [...]
Troy Minerals Inc. is pleased to announce it has completed the staking of a new property highly prospective for rare-earth elements. The Property is 100% owned by the Company and is unencumbered by any royalties at the present time. The Property is located approximately 320 km north of Prince George, BC, and 170 km north-northwest of Mackenzie, BC, on the western side of Williston Lake . Highlights Highly prospective [...]
Troy Minerals Inc. is pleased to announce that it has expanded its strategic advisory board which was formed late last year to advise and consult with the Company's board of directors and its senior management to help advance the Company's projects and build shareholder value. The Company has appointed Mr. Amandip Singh, a geologist and mining professional with over 15 years of progressively senior experience in the [...]