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TSX-V: TM | FRA: TZU2 | OTCQB: PNTZF

Trigon Metals

Trigon Metals

Building A Mid-Tier African Copper Producer

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news

Trigon Metals Closes Oversubscribed Private Placement Financing

8 January 2020 by trigonmetals

TORONTO, Jan. 08, 2020 – Trigon Metals Inc. (TM.V) (“Trigon” or the “Company”) has closed, on an oversubscribed basis, its previously announced non-brokered private placement financing (the “Offering”).  The Company issued 30,000,000 units (the “Units”) at a price of $0.12 per Unit for gross proceeds of $3,600,000.  Each Unit is comprised of one common share of Trigon (a “Share”) and one common share purchase warrant (a “Warrant”).  Each Warrant entitles the holder thereof to acquire one Share at a price of $0.20 for a period of 36 months following the closing date of the Offering.  The Offering was oversubscribed by $600,000.

The Company intends to use the net proceeds from the Offering for reviewing potential strategic acquisition opportunities and for working capital and general corporate purposes.

Eric Sprott, through 2176423 Ontario Ltd., a corporation that is beneficially owned by him, acquired 16,666,666 Units under the Private Placement for a total consideration of $2,000,000. Prior to the Private Placement, Mr. Sprott owned 1,333,333 Shares. As a result of the Private Placement, Mr. Sprott beneficially owns or controls 17,999,999 Shares and 16,666,666 Warrants representing 19.99% of the issued and outstanding common shares of the Company on a non-diluted basis and 32.36% on a partially diluted basis.

The Units were acquired by Mr. Sprott, through 2176423 Ontario Ltd., for investment purposes. Mr. Sprott may acquire additional securities of Trigon including on the open market or through private acquisitions or he may sell securities of the Company including on the open market or through private dispositions in the future depending on market conditions, reformulation of plans and/or other relevant factors that Mr. Sprott considers relevant from time to time.

A copy of 2176423 Ontario Ltd.’s related early warning report will appear on the Company’s profile on SEDAR (www.sedar.com) and may also be obtained by calling Mr. Sprott’s office at (416) 945-3294 (200 Bay Street, Suite 2600, Royal Bank Plaza, South Tower, Toronto, Ontario M5J 2J1).

Jed Richardson, President and CEO of Trigon commented, “I would like to thank our investors for their ongoing support of the Company as we embark on a New Year. In 2020, we look forward to advancing our new copper initiative in mine-friendly Morocco, while also exploring its apparent silver potential. Likewise, we intend to continue developing our strategic plan for copper in Namibia. We anticipate these funds will play a key role in creating value for our shareholders.”

In connection with the closing of the Offering, the Company paid finder’s fees of $18,750 in cash and issued 187,450 non-transferable finder’s warrants (“Finder’s Warrants”).  Each Finder Warrant will entitle the holder thereof to purchase one Share at a price of $0.20 for a period of 36 months from the date of the closing of the Offering.

All securities issued pursuant to the Offering will be subject to a statutory hold period of four months plus one day which expires on May 9, 2020. Closing of the Offering remains subject to the final approval of the TSX Venture Exchange.

Trigon Metals Inc.

Trigon is a publicly traded Canadian exploration and development company with its core operations focused on copper resources in Namibia, one of the world’s most prospective copper regions, where it has substantial assets in place with significant upside. The Company continues to hold an 80% interest in five mining licences in the Otavi Mountain lands, an area of Namibia particularly known for its high-grade copper deposits. Within these licences are three past producing mines including the Company’s flagship property, the Kombat Mine.

For further information, contact:

Jed Richardson
+1 416 861 5893
jed.richardson@trigonmetals.com

Website: www.trigonmetals.com

Cautionary Notes

Neither 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 may contain forward-looking statements. These statements include statements regarding the Offering, the expected use of proceeds of the Offering and the Company’s future plans and objectives. These statements are based on current expectations and assumptions that are subject to risks and uncertainties. Actual results could differ materially because of factors discussed in the management discussion and analysis section of our interim and most recent annual financial statements or other reports and filings with the TSX Venture Exchange and applicable Canadian securities regulations. We do not assume any obligation to update any forward-looking statements, except as required by applicable laws.

NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES

Filed Under: 2020, News Tagged With: news, press releases, 2020

TRIGON METALS ANNOUNCES PRIVATE PLACEMENT FINANCING AND APPOINTMENT OF CFO

19 December 2019 by trigonmetals

TORONTO, December 19, 2019 — Trigon Metals Inc. (TSX-V: TM) (“Trigon” or the “Company”) intends to complete a non-brokered private placement financing of up to 25,000,000 units (the “Units”) at a price of $0.12 per Unit for gross proceeds of up to $3,000,000 (the “Offering”).  Each Unit will be comprised of one common share of Trigon (a “Share”) and one common share purchase warrant (each whole warrant, a “Warrant”).  Each Warrant will entitle the holder thereof to acquire one Share at a price of $0.20 for a period of 36 months following the closing date of the Offering.

Closing of the Offering is expected to occur on or about December 27, 2019 and remains subject to a number of conditions, including receipt of all necessary regulatory approvals, including the approval of the TSX Venture Exchange. In connection with the Offering, a finder’s fee may be payable in line with the policies of the TSX Venture Exchange.  All securities issued in connection with the Offering will be subject to a statutory hold period of four-months and one-day.

The Company intends to use the net proceeds from the Offering for advancing the Kombat copper project, reviewing potential strategic acquisition opportunities and for working capital and general corporate purposes.

Appointment of Deborah Battiston as CFO

The Company also announces today that it has appointed Deborah Battiston as Chief Financial Officer, effective immediately.

Deborah Battiston is a CPA-CGA with over 25 years experience in financial management, including public companies, mergers and acquisitions, tax, and financing. She also has extensive experience with fast-paced growth companies and infrastructure creation having managed the financial teams for many successful international and domestic companies across multiple sectors, including but not limited to mining, technology and cannabis. She obtained her BA in Economics from the University of Guelph and holds an ICD.D from the University of Toronto’s Rotman School of Management.

Ms. Battiston replaces Mr. Woodhead, the former Chief Financial Officer of the Company. The management and board of directors of the Company would like to thank Mr. Woodhead for his past service and his continued support of the Company.

Trigon Metals Inc.

Trigon is a publicly traded Canadian exploration and development company with its core operations focused on copper resources in Namibia, one of the world’s most prospective copper regions, where it has substantial assets in place with significant upside. The Company continues to hold an 80% interest in five mining licences in the Otavi Mountain lands, an area of Namibia particularly known for its high-grade copper deposits. Within these licences are three past producing mines including the Company’s flagship property, the Kombat Mine.

For further information, contact:

Jed Richardson
+1 416 861 5893
jed.richardson@trigonmetals.com

Website: www.trigonmetals.com

Cautionary Notes

Neither 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 may contain forward-looking statements. These statements include statements regarding the Offering, the expected use of proceeds of the Offering, the impact of management changes and the Company’s future plans and objectives. These statements are based on current expectations and assumptions that are subject to risks and uncertainties. Actual results could differ materially because of factors discussed in the management discussion and analysis section of our interim and most recent annual financial statements or other reports and filings with the TSX Venture Exchange and applicable Canadian securities regulations. We do not assume any obligation to update any forward-looking statements, except as required by applicable laws.

This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”) or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.

NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES

Filed Under: 2019, News Tagged With: news, press releases, 2019

Trigon Metals Enters Into Agreement to Acquire the High Potential ‘Silver Hill’ Copper and Silver Project in Morocco

19 November 2019 by trigonmetals

TORONTO, Nov. 19, 2019 – Trigon Metals Inc. (TSX-V: TM) (“Trigon” or the “Company”) is pleased to announce that it has entered into a non-binding Memorandum of Understanding (“MOU”) to acquire a 100% interest in the Silver Hill Project (“Silver Hill” or the “Project”) in Morocco (the “Proposed Transaction”).

The Proposed Transaction is centered around the Silver Hill Project, a 16km2 property in the Anti-Atlas region of Morocco, already home to Africa’s major silver mines (Imiter, Zgounder). Morocco is well-known to be a favourable jurisdiction for mining, with an established industry producing at a rate of approximately 40 million tonnes of minerals per year. Morocco produces 90% of the world’s supply of phosphates, and extracts copper, cobalt, gold silver and zinc. Morocco is a friendly business environment with a strong mining history, but very little systematic modern exploration.

Locally referred to as, Aourir N’kort (Silver Hill in the Berber language), early basic surface exploration of the Project shows that it is a high-grade exploration project showing mineralization at high grades distributed over a wide surface area. Ancient slags grading 2.5% Cu are distributed widely across one third of the concession surface, indicating a history of very ancient mining and primitive metal recovery. The presence of historical mine shafts measuring less than 20 metres in depth demonstrate that historical activity only concerned the superficial part of the mineralization and that the potential at depth remains high. Trigon is optimistic that this project and its accompanying team will emerge as a new source of growth, excitement for the Company, and value for its shareholders.

The main structure of interest (Structure 1) is a shallow dipping zone of an assumed true thickness ranging from 1 to 3 metres that has been traced and worked laterally for more than 5km. Two other worked structures have been identified on the Project that appear to be repeats of the mineralization lower in the geological sequence. Each has returned high grades of copper (1.1% to 12.1% Cu), but lower silver values (up to 250-270g/t).

The local partners (the Vendors) made use of a small under-powered drill and were not able to drill through all of the mineralized sequence, however intercepts of high copper and silver were recorded in the shallow holes (1m at 9.35% Cu and 623g/t Ag or 4m at 3.67% Cu and 263 g/t Ag at 35m depth).

Structure 1 – Upper Mineralized Level

Sample ID Cu% Ag g/t
S1LA1 3.17% 230g/t
S1LA2 4.39 221g/t
S1LA3 5.77% 360g/t
S1LB1 8.05% 477 g/t
S1LB2 3.27% 179g/t
S1LB3 6.29% 445g/t
S1LC1 10.16% 750g/t
S1LC2 5.22% 566 g/t

Structure 2 – Middle Mineralized Level

Sample ID Cu% Ag g/t
S2LA1 12.56% 270g/t
S2LA2 6.22% 24g/t
S2LB1 1.09% 251g/t
S2LB2 1.25% 136g/t

Structure 3 – Lower Mineralized Area

Sample ID Cu% Ag g/t
S3LA1 2.97% 16g/t

The potential quantities and grades above are conceptual in nature. There has been insufficient exploration to define a mineral resource and it is uncertain if a mineral resource will be delineated.

In order to close the Proposed Transaction, Trigon must pay to the Vendors CAD$500,000 in cash and issue such number of common shares equal to CAD $750,000. On the one-year anniversary of closing the Proposed Transaction, Trigon must pay to the Vendors an amount of CAD$400,000 in cash and issue such number of shares equal to CAD $250,000. Once an independent NI 43-101 compliant mineral resource estimate has been completed at the Project showing at least 100,000 tonnes of contained copper, Trigon shall issue such number of shares equal to CAD $1,250,000 to the Vendors.

In addition, a finder fee of 5% of the cash and share consideration must be paid in cash by Trigon to an arm’s length person. The finder’s fee shall be paid concurrently with the payments to the Vendors, as described above.

“We are excited to introduce another high-grade copper asset to Trigon’s portfolio. New areas of copper production are important as production declines from the Andean resources on which the world has come to depend for the last 30 years. We aim to explore and develop new copper resources in mining-friendly African jurisdictions. Strong silver grades at Silver Hill fit nicely with the Kombat mine, our asset in Namibia, where silver is already a meaningful by-product credit,” commented Jed Richardson, Trigon President & CEO.

The Proposed Transaction is subject to further due diligence by Trigon, the parties negotiating and entering into a definitive agreement and obtaining of the necessary regulatory approvals, including approval of the TSX Venture Exchange.

Qualified Person

Technical information in this news release has been reviewed and approved by Willem Kotze, P.Geo, a “Qualified Person” as defined under National Instrument 43-101. The data presented in this news release was found to coincide with the laboratory test report by Office National des Hydrocarbures et des Mines (ONHYM), Morocco.

Trigon Metals Inc.
Trigon is a publicly traded Canadian exploration and development company with its core business focused on copper operations in Namibia, one of the world’s most prospective copper regions, where it has substantial assets in place. The Company continues to hold an 80% interest in five mining licenses in the Otavi Mountain lands, an area of Namibia widely recognized for its high-grade copper deposits. Within these licenses are three past producing mines including the Company’s flagship property, the Kombat Mine.

For further information, contact:
Jed Richardson
+1 416 861 5893
jed.richardson@trigonmetals.com
Website: www.trigonmetals.com

Cautionary Notes
This news release may contain forward-looking statements. These statements include statements regarding investment in and financing for the Company and the Kombat operations, the MOU, the Company’s ability to obtain adequate financing, the Company’s ability to closed the Proposed Transaction, the prospectivity of the Project, the Company’s ability to explore the Project and produce a NI 43-101 mineral resource estimate, the Company’s strategies and the Company’s abilities to execute such strategies, the Company’s ability to restart the Kombat operations, the Company’s expectations for the Kombat operations, and the Company’s future plans and objectives. These statements are based on current expectations and assumptions that are subject to risks and uncertainties. Actual results could differ materially because of factors discussed in the management discussion and analysis section of our interim and most recent annual financial statements or other reports and filings with the TSX Venture Exchange and applicable Canadian securities regulations. We do not assume any obligation to update any forward-looking statements, except as required by applicable laws.
Neither 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.

Filed Under: 2019, News Tagged With: news, press releases

Trigon Metals Announces Private Placement Financing

28 August 2019 by trigonmetals

TORONTO, Aug. 28, 2019 – Trigon Metals Inc. (TM.V) (“Trigon” or the “Company”) intends to complete a non-brokered private placement financing of up to 15,000,000 units (the “Units”) at a price of $0.10 per Unit for gross proceeds of up to $1,500,000 (the “Offering”).  Each Unit will be comprised of one common share of Trigon (a “Share”) and one-half of one common share purchase warrant (each whole warrant, a “Warrant”).  Each Warrant will entitle the holder thereof to acquire one Share at a price of $0.15 for a period of 24 months following the closing date of the Offering, subject to an acceleration provision whereby in the event that at any time after the expiry of the statutory hold period, the Shares trade at $0.25 or higher on the TSX Venture Exchange for a period of 30 consecutive days, the Company shall have the right to accelerate the expiry date of the Warrants to the date that is 30 days after the Company issues a news release announcing that it has elected to exercise the acceleration right.

Closing of the Offering is expected to occur on or about September 13, 2019 and remains subject to a number of conditions, including receipt of all necessary regulatory approvals, including the approval of the TSX Venture Exchange. In connection with the Offering, a finder’s fee may be payable in line with the policies of the TSX Venture Exchange.  All securities issued in connection with the Offering will be subject to a statutory hold period of four-months and one-day.

The Company intends to use the net proceeds from the Offering for initial project mobilization at the Kombat Mine, review of potential strategic acquisition opportunities and for working capital and general corporate purposes.

Trigon Metals Inc.

Trigon is a publicly traded Canadian exploration and development company with its core operations focused on copper resources in Namibia, one of the world’s most prospective copper regions, where it has substantial assets in place with significant upside. The Company continues to hold an 80% interest in five mining licences in the Otavi Mountain lands, an area of Namibia particularly known for its high-grade copper deposits. Within these licences are three past producing mines including the Company’s flagship property, the Kombat Mine.

For further information, contact:

Jed Richardson
+1 416 861 5893
jed.richardson@trigonmetals.com
Website: www.trigonmetals.com

Cautionary Notes

Neither 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 may contain forward-looking statements. These statements include statements regarding the Offering, the expected use of proceeds of the Offering and the Company’s future plans and objectives. These statements are based on current expectations and assumptions that are subject to risks and uncertainties. Actual results could differ materially because of factors discussed in the management discussion and analysis section of our interim and most recent annual financial statements or other reports and filings with the TSX Venture Exchange and applicable Canadian securities regulations. We do not assume any obligation to update any forward-looking statements, except as required by applicable laws.

This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”) or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.

Filed Under: 2019, News Tagged With: news, updates

TRIGON CLOSES PRIVATE PLACEMENT FINANCING AND ANNOUNCES STRATEGIC INVESTMENT AND VARIOUS CORPORATE UPDATES

28 March 2019 by trigonmetals

Toronto, Canada – March 28, 2019 – Trigon Metals Inc. (TSX-V: TM) (“Trigon” or the “Company”) has closed its previously announced non-brokered private placement financing (the “Offering”). The Company issued 15,200,414 common shares (the “Shares”) at a price of $0.10 per Share for gross proceeds of $1,520,041.

The Company intends to use the net proceeds from the Offering to advance its project finance transaction with Shandong Xinhai Mining Technology & Equipment Inc. and other interested parties, property maintenance and security for the Kombat Project, and for general corporate purposes.

Closing of the Offering remains subject to the final approval of the TSX Venture Exchange. The Shares issued pursuant to the Offering will be subject to a four month and one day statutory hold period expiring on July 29, 2019. The Company did not pay any finder’s fees in connection with the Offering.

Certain directors and officers of the Company have subscribed for Shares pursuant to the Offering (the “Insider Participation”). The Insider Participation will be considered to be a “related party transaction” as defined under Multilateral Instrument 61-101 (“MI 61-101”). The Insider Participation is exempt from the formal valuation and minority shareholder approval requirements of MI 61-101.

Cost Cutting Initiatives

Management of Trigon is currently focused on ensuring the majority of the capital is used to advance the development of the Kombat Project. Monthly corporate overhead expenses have been reduced by approximately $60,000, in ways that should not impact our ability to advance the project on the ground.

Closing of the Offering introduces Silvercorp Metals Inc. (“Silvercorp”) as a strategic investor into Trigon.

Jed Richardson, President of Trigon, commented: “We are pleased to welcome Silvercorp on board as a new strategic partner to Trigon, a strong financial and technical partner that shares my commitment to seeing this mine back in production, with strong returns for our shareholders and the community where we work. We are also pleased with the progress made on our cost cutting initiatives and reiterate our focus on bringing the Kombat mine back into production.”

Silvercorp is a low-cost silver-producing Canadian mining company with multiple mines in China. Silvercorp, which is publicly traded on the Toronto Stock Exchange (TSX: SVM) and on NYSE American (NYSE: SVM), is China’s premier silver producer, as well as a producer of lead, zinc and gold. Silvercorp’s vision is to deliver shareholder value by focusing on the acquisition of under developed projects with resource potential and the ability to grow organically.

Board and Management Appointments

The Company also announces the resignation of Mr. Mark Eaton from the board of directors of the Company to make way for the appointment of Mr. Gordon Neal to the board, Silvercorp’s appointee to the Company’s board of directors.

Mr. Neal is currently the President of New Pacific Metals Corp. He was previously Vice President of Corporate Development for Silvercorp, and prior to that, Vice President of Corporate Development for MAG Silver Corp. Mr. Neal has more than 30 years’ experience in governance, corporate finance and capital markets. He has served on the boards of Falco Resources, Balmoral Resources, Americas Petrogas, Rockgate Capital, and Xiana Mining. Mr. Neal graduated from Dalhousie University with a B.Sc. in Biochemistry. He has also served as a member of the Dalhousie University Senate and Board of Governors.

Trigon’s board of directors would like to thank Mr. Eaton for his contributions to Trigon and welcomes Mr. Neal to the Company.

Trigon Metals Inc.

Trigon is a publicly traded Canadian exploration and development company with its core business focused on copper operations in Namibia, one of the world’s most prospective copper regions, where it has substantial assets in place. The Company continues to hold an 80% interest in five mining licenses in the Otavi Mountain lands, an area of Namibia widely recognized for its high-grade copper deposits. Within these licenses are three past producing mines including the Company’s flagship property, the Kombat Mine.

For further information, contact:
Jed Richardson
+1 416 861 5893
jed.richardson@trigonmetals.com
Website: www.trigonmetals.com

Cautionary Notes
This news release may contain forward-looking statements. These statements include statements regarding the Offering, the expected use of proceeds of the Offering, the impact of board appointments, cost cutting initiatives, the Company’s future plans and objectives, the Company’s ability to restart the Kombat mine, and the Company’s strategies and abilities to execute such strategies. These statements are based on current expectations and assumptions that are subject to risks and uncertainties. Actual results could differ materially because of factors discussed in the management discussion and analysis section of our interim and most recent annual financial statements or other reports and filings with the TSX Venture Exchange and applicable Canadian securities regulations. We do not assume any obligation to update any forward-looking statements, except as required by applicable laws. Neither 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.

Not for distribution to U.S news wire services or dissemination in the United States

Filed Under: 2019, News Tagged With: news, updates

Trigon Metals Announces Private Placement and Appointment of Jed Richardson as CEO

18 March 2019 by trigonmetals

TORONTO, March 18, 2019 – Trigon Metals Inc. (TSX-V: TM) (“Trigon” or the “Company”) intends to complete a non-brokered private placement financing of up to 17,500,000 common shares (the “Shares”) at a price of $0.10 per Share for gross proceeds of up to $1,750,000 (the “Offering”).

Closing of the Offering is expected to occur on or about March 29, 2019 and remains subject to customary closing conditions, including the approval of the TSX Venture Exchange.   The Shares issued pursuant to the Offering will be subject to a hold period of four months and one day.

The Company intends to use the net proceeds from the Offering to advance its project finance transaction with Shandong Xinhai Mining Technology & Equipment Inc. and other interested parties, property maintenance and security for the Kombat project, and for general corporate purposes.

The Company also announces the appointment of Jed Richardson as Chief Executive Officer of the Company, effective immediately. Mr. Richardson currently serves as Trigon’s President, the announcement consolidates the roles and is one of a number of streamlining moves as Trigon prepares to advance the Kombat project. Mr. Richardson’s appointment follows the resignation of Stephan Theron as Chief Executive Officer.  Mr. Theron will continue as a director of the Company.

Commenting, President and CEO, Jed Richardson, “Thank you to Mr. Theron for his efforts for Trigon at Kombat. Mr. Theron will continue to work on behalf of the Company from the board of directors. My focus now is to develop both our short and longer-term capital raising strategies, initially to accelerate the commencement of open pit mining at Kombat.  Thereafter, we need to ensure sustainability of the business, as we access the previously operational underground mines which represent the life of mine at Kombat and the overwhelming value for our shareholders.”

Trigon Metals Inc.

Trigon is a publicly traded Canadian exploration and development company with its core business focused on copper operations in Namibia, one of the world’s most prospective copper regions, where it has substantial assets in place. The Company continues to hold an 80% interest in five mining licenses in the Otavi Mountain lands, an area of Namibia widely recognized for its high-grade copper deposits. Within these licenses are three past producing mines including the Company’s flagship property, the Kombat Mine.

For further information, contact:

Jed Richardson
+1 416 861 5893
jed.richardson@trigonmetals.com

Website: www.trigonmetals.com

Cautionary Notes

This news release may contain forward-looking statements. These statements include statements regarding the Offering, the expected use of proceeds of the Offering, the impact of changes to Trigon’s management team, the Company’s ability to partner with third parties and the Company’s future plans and objectives. These statements are based on current expectations and assumptions that are subject to risks and uncertainties. Actual results could differ materially because of factors discussed in the management discussion and analysis section of our interim and most recent annual financial statements or other reports and filings with the TSX Venture Exchange and applicable Canadian securities regulations. We do not assume any obligation to update any forward-looking statements, except as required by applicable laws. 

This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”) or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.

Neither 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.

NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES

Filed Under: 2019, News Tagged With: news, updates

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