TSX:TML Treasury Metals Inc. is pleased to announce that it has closed a non-brokered private placement financing on December 17, 2018 . The Company issued 7,682,075 flow-through common shares for total gross proceeds of $2,074,160 at an issue price of $0.27 per Flow-Through Share. The gross proceeds will be used to continue to advance exploration and development activities at the Company's Goliath Gold Project located [...]
TSX:TML OTCQX: TSRMF Treasury Metals Inc. is pleased to announce the Company has entered into a binding term sheet with Extract Capital Master Fund Ltd. and Extract Lending LLC to extend the maturity date of the Company's existing convertible term loan for three years . The Loan Amendment will amend the maturity date of the Term Loan, extending it for a period of three years from the effective date of closing that is [...]
Treasury Metals is pleased to provide an updated National Instrument 43-101 Mineral Resource Estimate on its 100% owned Goliath Gold Project. The Mineral Resource Estimate was completed by independent firm P&E Mining Consultants Inc. The 2018 Mineral Resource Estimate is an update to the NI 43-101 Mineral Resource Estimate previously released on August 28, 2015 and includes results from a database representing an [...]
TSX: TML OTCQX: TSRMF Treasury Metals Inc. is pleased to announce assay results from three active exploration drilling zones, including results in the East Resource Target area, down dip within the developing C Zone shoot, and additional deep Main Zone infill drilling at the Company's flagship Goliath Gold Project located in northwestern Ontario. Highlights include: TL18-499A: 3.81 g/t Au and 34.65 g/t Ag over 13.00 m [...]
TSX: TML OTCQX: TSRMF TORONTO, Aug. 1, 2018 /CNW/ - Treasury Metals Inc. today announces the departure of the President and Chief Executive Officer Chris Stewart. Chris has accepted an executive role with a global intermediate gold producer, and will leave Treasury to assume his new role in August. Chris presided over an active phase of permitting, exploration, and development at [...]
Treasury Metals is providing an update on its 100% owned Weebigee Project and the recent arbitration proceedings between Treasury Metals subsidiary Goldeye Exploration Ltd. and Sandy Lake Gold. Weebigee is a non-core asset that provides Treasury Metals with an additional northwestern Ontario gold project and was acquired on November 14, 2016. Background on Weebigee Project: Weebigee Project is an early stage and [...]
/STATES/ TSX:TML TORONTO, June 25, 2018 /CNW/ - Treasury Metals Inc. is pleased to announce it has closed a non-brokered private placement financing on June 25, 2018 . The Company issued 11,904,762 units at a price of CAD$0.42 per Unit for total gross proceeds of CAD$5 million. Each Unit is comprised of one common share in the capital of the Company and one Common Share purchase warrant with each Warrant being [...]
TSX: TML OTCQX: TSRMF TORONTO, June 15, 2018 /CNW/ - Treasury Metals Inc. , a gold exploration and development company focused on Goliath Gold Project in northwestern Ontario, is pleased to provide below the results of its annual and special meeting of shareholders held on June 13, 2018. At the Meeting, a total of 52,736,043 common shares of the Company, were represented and all matters presented for approval at the [...]
TSX: TML OTCQX: TSRMF TORONTO, May 30, 2018 /CNW/ - Treasury Metals Inc. is pleased to announce additional assay results from the active infill and resource expansion/exploration drilling program at Treasury's flagship Goliath Gold Project located in northwestern Ontario. The Company has three objectives in this drilling program, which include: 1) exploration drilling of a downdip [...]
TSX: TML OTCQX: TSRMF TORONTO, May 15, 2018 /CNW/ - Treasury Metals Inc. is providing additional information further to its 2017 year-end financial statements regarding notification by the Canada Revenue Agency of its determination in respect of the flow-through spending audit commenced by the CRA in December 2016 regarding certain expenditures incurred by the Company in the years [...]
TSX: TML OTCQX: TSRMF TORONTO, May 14, 2018 /CNW/ - Treasury Metals Inc. today announced as part of the mine permitting process, the Company formally submitted responses to the Information Requests along with a revised Environmental Impact Statement to the Canadian Environmental Assessment Agency . The Company is pleased to report that on May 11, 2018, CEAA confirmed the EIS meets their completeness requirements to move [...]
TSX: TML OTCQX: TSRMF TORONTO, May 1, 2018 /CNW/ - Treasury Metals Inc. has adopted a shareholder rights plan . The purpose of the Rights Plan is to provide the shareholders and Board of Directors with adequate time to consider and evaluate any unsolicited bid and to provide the Board of Directors with adequate time to identify, develop and negotiate value-enhancing alternatives, if considered appropriate, to any such [...]