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Home Investing

Triumph Gold Announces Completion of Private Placement

by Trading How
February 20, 2021
in Investing
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Triumph Gold Announces Completion of Private Placement
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Triumph Gold Corp. declares that additional to its information launch on December 30, 2020, it has accomplished the issuance of a further 685,000 items at a worth of $0.20 per unit, as a correction to its July 2020 personal placement. Every unit consists of a Firm frequent share and a share buy warrant exercisable to amass an additional Firm frequent share at an train worth of $0.30 per share for a interval of three …

Not for distribution to United States Newswire Companies or for dissemination in the USA

Triumph Gold Corp. (TSX-V: TIG) (OTCMKTS: TIGCF) (the “ Firm ”) declares that additional to its information launch on December 30, 2020, it has accomplished the issuance of a further 685,000 items at a worth of $0.20 per unit, as a correction to its July 2020 personal placement. Every unit consists of a Firm frequent share and a share buy warrant exercisable to amass an additional Firm frequent share at an train worth of $0.30 per share for a interval of three years.

Proceeds of the personal placement might be used primarily for the Firm’s exploration actions and for common working capital functions. The securities issued are topic to a 4 month maintain interval expiring on Might 1, 2021.

About Triumph Gold Corp.

Triumph Gold Corp. is a progress oriented Canadian-based gold exploration and improvement firm with a district scale land package deal in mining pleasant Yukon. The Firm’s flagship Freegold Mountain mission is situated within the Dawson Vary and is host to 3 NI 43-101 Mineral Deposits and covers an intensive part of the Huge Creek Fault zone, a construction associated to epithermal gold and silver mineralization in addition to gold-rich porphyry copper mineralization. The Firm, led by an skilled administration group, is centered on creating worth by the development of its strategic “gold first” exploration program. For extra data, please go to our web site www.triumphgoldcorp.com .

On behalf of the Board of Administrators

Signed “John Anderson”
John Anderson, Government Chairman

Neither the TSX Enterprise Trade nor its Regulation Companies Supplier (as such time period is outlined within the insurance policies of the TSX Enterprise Trade) accepts accountability for the adequacy or accuracy of this launch.

This information launch accommodates forward-looking data, which includes recognized and unknown dangers, uncertainties and different components that will trigger precise occasions to vary materially from present expectation. Essential components – together with the supply of funds, the outcomes of financing efforts, the completion of due diligence and the outcomes of exploration actions – that would trigger precise outcomes to vary materially from the Firm’s expectations are disclosed within the Firm’s paperwork filed once in a while on SEDAR (see www.sedar.com ). Readers are cautioned to not place undue reliance on these forward-looking statements, which converse solely as of the date of this press launch. The corporate disclaims any intention or obligation, besides to the extent required by legislation, to replace or revise any forward-looking statements, whether or not because of new data, future occasions or in any other case.


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