Trigon Metals Inc. is pleased to announce that it has completed the acquisition of a 100% equity interest in Technomine Africa S.A.R.L. , which owns a 100% interest in the Silver Hill Project in Morocco. Trigon has received approval of the transaction from the TSX Venture Exchange and has completed the Exchange's final filing requirements for closing the transaction including, but not limited to; receiving a satisfactory [...]
Trigon Metals Inc. is pleased to announce the potential for a significant increase in the Mineral Resources reported on the Company’s Kombat copper project in Namibia . Kombat currently has a combined open pit and underground National Instrument 43-101 compliant Mineral Resource of 1.529 million tonnes of Indicated Mineral Resources at a grade of 1.14% copper, 0.72% lead and 2.88 g/t silver , and 5.511 million tonnes of [...]
Trigon Metals Inc. announces that it has entered into an agreement with Cormark Securities Inc. as lead agent and including M Partners Inc, pursuant to which they have agreed to act as agents in connection with a fully marketed private placement offering of units of the Company at a price of $0.35 per Unit for aggregate gross proceeds to the Company of a minimum of $5.0 million. Each Unit will consist of one common share [...]
Trigon Metals Inc. is pleased to provide an update on the status of its previously announced share purchase agreement to acquire a 100% equity interest in Technomine Africa S.A.R.L and a 100% interest in the Silver Hill Project in Morocco , without royalties or carried interest . The Company is now in receipt of a satisfactory title opinion on the licences comprising the high potential Silver Hill and Tamadoult properties [...]
Trigon Metals Inc. is pleased to report assay results from an elementary exploratory drilling program at the Company’s Silver Hill copper-silver project in Morocco . The results reported are from exploratory drilling undertaken by Trigon’s acquisition target Technomine Africa SARL , based on the local company’s knowledge of the area. A formal drill program is now being planned by Trigon, as more fully [...]
Trigon Metals Inc. is pleased to announce that it has signed an amendment to extend the share purchase agreement dated as of May 25, 2020 , pursuant to which it is to acquire a 100% equity interest in Technomine Africa SARL , . Technomine is a Moroccan company that owns a 100% interest in the Silver Hill Project located in the Anti-Atlas region of Morocco. The Definitive Agreement was set to expire on July 31, 2020, as [...]
Trigon Metals Inc. announces today that it has relocated its registered head office to 130 Queens Quay East, Suite 1224, Toronto, Ontario M5A 0P6, Canada from 65 Queen Street West, Toronto, Ontario. The Company has also terminated its consulting agreements with Forbes & Manhattan, Inc. Jed Richardson, CEO of Trigon Metals Inc. commented, “These changes mark a significant milestone for Trigon as the company grows and [...]
Trigon Metals Inc. is pleased to announce that it has entered into a share purchase agreement dated as of May 25, 2020 to acquire a 100% equity interest in Technomine Africa S.A.R.L. , a Moroccan company from Technomine’s shareholders . Technomine owns a 100% interest in the Silver Hill Project in Morocco. The terms of the non-binding Memorandum of Understanding to acquire the Project were announced on November 19, 2019 [...]
Trigon Metals Inc. is pleased to announce that it has signed an amendment to its previously announced Memorandum of Understanding to acquire a 100% interest in the Silver Hill Project in Morocco ‘Silver Hill’ refers to a 16km2 exploration project in the Anti-Atlas region of Morocco. Early basic surface exploration shows copper and silver mineralization at high grades distributed over a wide surface area. The [...]
Trigon Metals Inc. is pleased to announce that Trigon Mining Ltd , Trigon’s 80% owned subsidiary, has been awarded a new Exclusive Prospecting Licence No. 7525 by the Ministry of Mines and Energy in Namibia. EPL 7525 has been awarded to Trigon Namibia for a three year period, commencing on January 17, 2020, in respect of base and rare metals, industrial minerals and precious metals, subject to the terms and [...]
Trigon Metals Inc. is pleased to provide an update on the investment and engineering, procurement and construction process with Shandong Xinhai Mining Technology & Equipment Inc. . As announced on March 7, 2019, Trigon has entered into a non-binding Memorandum of Understanding with Xinhai pursuant to which Xinhai has agreed to invest in Trigon, in exchange for the right to be appointed as the EPC contractor for the open [...]
Trigon Metals Inc. has closed, on an oversubscribed basis, its previously announced non-brokered private placement financing . The Company issued 30,000,000 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 and one common share purchase warrant . Each Warrant entitles the holder thereof to acquire one Share at a price of $0.20 for a period of 36 [...]