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Press Release: Trillium Gold Closes Acquisition of Willis Property
Press Release: Trillium Gold Closes Acquisition of Willis Property
Trillium Gold Closes Acquisition of Willis Property
Canada NewsWire
VANCOUVER, BC, Oct. 26, 2021
VANCOUVER, BC, Oct. 26, 2021 /CNW/ -Trillium Gold Mines Inc. (TSXV: TGM) (OTCQX: TGLDF) (FRA: 0702) ("Trillium Gold" or the "Company") is pleased to report the closing of the previously announced acquisition of thirteen patented mineral claims totalling 229 hectares, collectively known as the "Willis Property". The Property is situated southwest of Trillium Gold's 100%-owned Newman Todd (NT) Property in Todd Township, Red Lake Mining District, Ontario, see Figure 1 below.
Through the completion of payments totalling $420,000 and an aggregate of 400,000 common shares in the capital of the Company which are subject to a four month hold period, Trillium Gold has acquired 100% interest in the Willis Property. The Property is subject to a 2% net smelter returns (NSR) royalty (the "Royalty"), one-half (1%) of which Trillium Gold has the right to repurchase for consideration of $1.2 million, payable in cash or shares. In addition, the Company has a right of first refusal should the holders of the Royalty choose to sell the Royalty in the future.
On behalf of the Board of Directors,
Trillium Gold Mines Inc.
Russell Starr
President, CEO and Director
About Trillium Gold Mines Inc.
Trillium Gold Mines Inc. is a growth focused company engaged in the business of acquisition, exploration and development of mineral properties located in the Red Lake Mining District of Northern Ontario. The Company has been increasing its holdings in the Confederation Lake and Birch-Uchi greenstone belts and has a non-binding LOI to further consolidate its contiguous land assemblage to more than 100 km in length. In addition, the Company has interests in highly prospective properties in Larder Lake, Ontario and the Matagami and Chibougamou areas of Quebec.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
This news release contains forward-looking information, which involves known and unknown risks, uncertainties and other factors that may cause actual events to differ materially from current expectation. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this press release. The Company disclaims any intention or obligation, except to the extent required by law, to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
View original content to download multimedia:https://www.prnewswire.com/news-releases/trillium-gold-closes-acquisition-of-willis-property-301408385.html
SOURCE Trillium Gold Mines Inc.
View original content to download multimedia: http://www.newswire.ca/en/releases/archive/October2021/26/c0628.html
/CONTACT:
please contact Donna Yoshimatsu, VP Corporate Development and Investor Relations at dyoshimatsu@trilliumgold.com, (416) 722-2456, or info@trilliumgold.com. Visit our website at www.trilliumgold.com.
/Web site: https://trilliumgold.com/
Copyright CNW Group 2021
Trillium Gold Closes Acquisition of Willis Property
Trillium Gold完成对Willis Property的收购
Canada NewsWire
加拿大新闻通讯社
VANCOUVER, BC, Oct. 26, 2021
不列颠哥伦比亚省温哥华,2021年10月26日
VANCOUVER, BC, Oct. 26, 2021 /CNW/ -Trillium Gold Mines Inc. (TSXV: TGM) (OTCQX: TGLDF) (FRA: 0702) ("Trillium Gold" or the "Company") is pleased to report the closing of the previously announced acquisition of thirteen patented mineral claims totalling 229 hectares, collectively known as the "Willis Property". The Property is situated southwest of Trillium Gold's 100%-owned Newman Todd (NT) Property in Todd Township, Red Lake Mining District, Ontario, see Figure 1 below.
温哥华,BC,2021年10月26日/cnw/-Trillium Gold Mines Inc.(多伦多证券交易所股票代码:TGM)(场外交易代码:TGLDF)(法兰克福机场股票代码:0702)(以下简称“Trillium Gold”或“公司”)欣然报告之前宣布的对总面积229公顷、统称为“Willis Property”的13项专利矿产权利的收购已经完成。该物业位于Trillium Gold在安大略省红湖矿区托德镇100%拥有的Newman Todd(NT)物业的西南部,见下图1。
Through the completion of payments totalling $420,000 and an aggregate of 400,000 common shares in the capital of the Company which are subject to a four month hold period, Trillium Gold has acquired 100% interest in the Willis Property. The Property is subject to a 2% net smelter returns (NSR) royalty (the "Royalty"), one-half (1%) of which Trillium Gold has the right to repurchase for consideration of $1.2 million, payable in cash or shares. In addition, the Company has a right of first refusal should the holders of the Royalty choose to sell the Royalty in the future.
通过完成总计420,000美元的支付和公司资本中总计400,000股普通股的支付(保有期为4个月),Trillium Gold获得了Willis地产的100%权益。该物业须缴交2%的冶炼厂净收益(NSR)特许权使用费(“特许权使用费”),其中一半(1%)Trillium Gold有权以120万美元的代价回购,以现金或股票支付。此外,如果专营权费持有人日后选择出售专营权费,该公司有优先购买权。
On behalf of the Board of Directors,
我谨代表董事会:
Trillium Gold Mines Inc.
延龄金矿公司(Trillium Gold Mines Inc.)
Russell Starr
罗素·斯塔尔
President, CEO and Director
总裁、首席执行官兼董事
About Trillium Gold Mines Inc.
Trillium Gold Mines公司简介
Trillium Gold Mines Inc. is a growth focused company engaged in the business of acquisition, exploration and development of mineral properties located in the Red Lake Mining District of Northern Ontario. The Company has been increasing its holdings in the Confederation Lake and Birch-Uchi greenstone belts and has a non-binding LOI to further consolidate its contiguous land assemblage to more than 100 km in length. In addition, the Company has interests in highly prospective properties in Larder Lake, Ontario and the Matagami and Chibougamou areas of Quebec.
Trillium Gold Mines Inc.是一家专注于增长的公司,从事位于安大略省北部红湖矿区的矿产收购、勘探和开发业务。该公司一直在增持联邦湖和白桦-乌奇绿岩地带的股份,并拥有非约束性意向书,以进一步巩固其毗连的土地组合,使其长度超过100公里。此外,该公司在安大略省拉德湖以及魁北克省Matagami和Chibougamou地区拥有极具前景的物业权益。
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
多伦多证券交易所创业板交易所及其监管服务提供商(该术语在多伦多证券交易所创业板政策中定义)均不对本新闻稿的充分性或准确性承担责任。
This news release contains forward-looking information, which involves known and unknown risks, uncertainties and other factors that may cause actual events to differ materially from current expectation. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this press release. The Company disclaims any intention or obligation, except to the extent required by law, to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
本新闻稿包含前瞻性信息,涉及已知和未知的风险、不确定性和其他可能导致实际事件与当前预期大不相同的因素。告诫读者不要过度依赖这些前瞻性陈述,这些陈述仅在本新闻稿发布之日发表。除法律要求的范围外,公司没有任何意图或义务来更新或修改任何前瞻性陈述,无论是由于新信息、未来事件或其他原因。
View original content to download multimedia:https://www.prnewswire.com/news-releases/trillium-gold-closes-acquisition-of-willis-property-301408385.html
查看原创内容以下载multimedia:https://www.prnewswire.com/news-releases/trillium-gold-closes-acquisition-of-willis-property-301408385.html
SOURCE Trillium Gold Mines Inc.
来源:延龄草金矿公司(Trillium Gold Mines Inc.)
View original content to download multimedia: http://www.newswire.ca/en/releases/archive/October2021/26/c0628.html
观看原创内容下载多媒体:http://www.newswire.ca/en/releases/archive/October2021/26/c0628.html
/CONTACT:
/联系方式:
please contact Donna Yoshimatsu, VP Corporate Development and Investor Relations at dyoshimatsu@trilliumgold.com, (416) 722-2456, or info@trilliumgold.com. Visit our website at www.trilliumgold.com.
请联系公司发展和投资者关系部副总裁Donna Yoshimatsu,电子邮件:dyoshimatsu@trilliumgold.com,电话:(416)722-2456,电子邮件:info@trilliumgold.com。请访问我们的网站:www.trilliumgold.com。
/Web site: https://trilliumgold.com/
网址:https://trilliumgold.com/
Copyright CNW Group 2021
版权所有CNW集团2021
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