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Thu, 06.03.2025
Trigon Metals
CA89620A5061
Trigon Metals Inc. (TSX-V: TM, OTCQB: PNTZF) (“Trigon” or the “Company”) has closed a non-brokered second and final tranche (the “Second Tranche”) of its previously announced non-brokered private placement financing of common shares (the “Offering”). The Company issued 5,603,400 common shares (the “Shares”) at a price of $0.25 per Share for aggreg...
Trigon Metals Inc. (TSX-V: TM, OTCQB: PNTZF) (“Trigon” or the “Company”) announces its operating milestones and financial results for the three months ended December 31, 2024. All amounts are expressed in U.S. dollars, unless otherwise stated.
Highlights
Steady Copper Production: 2.19 million pounds of copper sold in Q3, despite operational c...
Trigon Metals Inc. (TSX-V: TM, OTCQB: PNTZF) (“Trigon” or the “Company”) has closed a non-brokered first tranche (the “First Tranche”) of its previously announced non-brokered private placement financing of common shares (the “Offering”). The Company issued 4,390,000 common shares (the “Shares”) at a price of $0.25 per Share for aggregate gross pr...
Trigon Metals Inc. (TSX-V: TM, OTCQB: PNTZF) (“Trigon” or the “Company”) announces that it has entered into an amended agreement (the “Agreement”) with Horizon Corporation Limited (“Horizon”) regarding the sale of its 80% ownership interest in the Kombat Mine in Namibia (the “Proposed Transaction”). The revised terms reflect a mutually agreed-upon...
Trigon Metals Inc. (TSX-V: TM; OTCQB: PNTZF) (“Trigon” or the “Company”) announces a proactive operational adjustment at its Kombat Mine in Namibia to address unplanned maintenance requirements for its dewatering systems. The Company has temporarily suspended its operations for an anticipated period of six to nine months due to the failure of both...
Trigon Metals Inc. (TSX-V: TM, OTCQB: PNTZF) (“Trigon” or the “Company”) announces the results of the recent underground drilling at Shaft 1, at levels 1, 3 and 4 at the Kombat mine. The Company also wishes to address a correction to language used in its previous press release dated January 20, 2025. These confirmation holes were targeting orebodi...
Trigon Metals Inc. (TSX-V: TM, OTCQB:PNTZF) (“Trigon” or the “Company”) announces that its Kalahari Copper Project (the “Project”) has been awarded one of only three spots in the €5 million UNDERCOVER research project funded by the European Union (EU).
The UNDERCOVER (Unified Novel Deep ExploRation for Critical Ore discoVERy) research project ai...
Trigon Metals Inc. (TSX-V: TM; OTCQB: PNTZF) (“Trigon” or the “Company”) experienced a setback in underground pumping due to the failure of both of its two main dewatering pumps on the morning of January 16, 2025 at the Company’s Kombat mine in Namibia. As a result, the Company has suspended underground mining as it anticipates that the pump failu...
Trigon Metals Inc. (TSX-V: TM; OTCQB: PNTZF) (“Trigon” or the “Company”) announced today that it has signed a binding loan agreement (the “Loan Agreement”) with Horizon Corporation Ltd (“Horizon”) for a loan from Horizon of up to USD$5 million to Trigon. Pursuant to the Loan Agreement, Trigon has granted Horizon exclusivity rights to negotiate the...
Trigon Metals Inc. (TSX-V: TM) (“Trigon” or the “Company”) announces it has received an indicative term sheet (the “Term Sheet”) from Horizon Corporation Limited (“Horizon”) for a proposed loan of USD$5 million to allow for the conclusion of the evaluation and due diligence for a sale of 100% of its ownership interest in the Kombat Mine in Namibia...
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