Treasury Metals Inc. and Goldeye Explorations Ltd. are pleased to announce the completion of the previously announced plan of arrangement, which was approved by the shareholders of Goldeye at a special meeting held on November 15, 2016. On November 18, 2016, a final order was obtained from the Ontario Superior Court of Justice approving the Plan of Arrangement and a Certificate and Articles of Arrangement were issued by [...]
TSX:TML TORONTO, Nov. 11, 2016 /CNW/ - Treasury Metals Inc. (TSX: TML) is pleased to announce initial results from the first phase of the ongoing infill drilling program at its 100% owned Goliath Gold Project located in Northwestern Ontario. Treasury's current drilling program is primarily focused on the conversion of underground "Inferred" resources to the "Indicated" category that reside in and adjacent to the known [...]
TSX: TML TORONTO, Sept. 21, 2016 /CNW/ - Treasury Metals Inc. is pleased to provide an exploration program update on the Goliath Gold Project in Northwestern Ontario and to announce the appointment of Mr. Darryl Boyd as Director of Regulatory and Community Affairs. The Company has added a second drill rig that will assist in shortening the schedule for the infill drilling of deeper sections of the current underground [...]
Treasury Metals Inc. and Goldeye Explorations Ltd. announced on July 11, 2016 that they had agreed to a proposal with respect to the acquisition of Goldeye by Treasury. Treasury and Goldeye are pleased to announce that they have entered into a definitive arrangement agreement, whereby Treasury will acquire all of the issued and outstanding common shares of Goldeye. Upon closing, Goldeye will become a wholly owned [...]
TSX: TML TORONTO, Aug. 18, 2016 /CNW/ - Treasury Metals Inc. is pleased to announce it has resumed a diamond drilling exploration campaign at its flagship Goliath Gold Project located in northwestern Ontario. The drilling campaign will start with a 5,000 metre program focused primarily on converting underground "inferred" resource blocks to the "indicated" category within the main resource area. The drilling program will [...]
Treasury Metals is pleased to provide a project update on the Company's northwestern Ontario-based Goliath Gold Project, which the Company is positioning to become one of Canada's next producing gold mines. The Company's objectives for the project are being achieved including mine permitting activities, technical engineering studies, additional exploration, and important long lead items such as securing electrical energy [...]
TSX: TML TORONTO, June 20, 2016 /CNW/ - Treasury Metals Inc. ("Treasury" or the "Company") is pleased to announce it has closed the previously announced Term Loan for US$4.4 million (approx. CAD$5.68 million) with Extract Advisors LLC acting as Agent with Loinette Leasing Company Ltd. and Extract Capital Master Fund Ltd as lenders (the "Lenders"). Concurrently, Treasury has repaid in full the existing loan facility with [...]
TSX:TML TORONTO, June 8, 2016 /CNW/ - Treasury Metals Inc. ("Treasury Metals" or the "Company") (TSX:TML), a gold exploration and development company focused on Goliath Gold Project in northwestern Ontario, is pleased to announce the results of its annual and special meeting of shareholders (the "Meeting") held on June 7, 2016. A total of 56,081,294 common shares ("Common Shares"), which is 67% of the outstanding Common [...]
TSX: TML TORONTO, June 3, 2016 /CNW/ - Treasury Metals Inc. ("Treasury Metals" or the "Company"), today announced the resignation of President and Chief Executive Officer Martin Walter. Mr. Walter, who has served in this position since 2011 and who played a major role in transitioning the Goliath Gold Project from exploration to development has resigned effective immediately to pursue the CEO role at Vena Resources, a [...]
TSX: TML TORONTO, May 18, 2016 /CNW/ - Treasury Metals Inc. ("Treasury Metals" or the "Company") is pleased to announce that it is completing its previously announced brokered private placement financing, including the exercise of the over-allotment option, prior to the opening of the market this morning, for aggregate gross proceeds of $3.0 million (the "Offering") with Haywood Securities Inc. acting as agent (the [...]
TSX: TML TORONTO, May 5, 2016 /CNW/ - Treasury Metals Inc. ("Treasury Metals" or the "Company") is pleased to announce Haywood Securities Inc., the agent for the Company's previously announced brokered private placement financing of up to 4,200,000 units of the Company ("Units") at price of C$0.48 per Unit (the "Brokered Offering"), has elected to exercise their over-allotment option in full to sell up to an additional [...]
TSX: TML TORONTO, April 27, 2016 /CNW/ - Treasury Metals Inc. ("Treasury Metals" or the "Company") is pleased to announce that it has entered into an agreement with Haywood Securities Inc. (the "Agent") to raise aggregate gross proceeds of up to C$2.0 million in units ("Units") at a price of C$0.48 per Unit (the "Offering") on a commercially reasonable efforts private placement basis. Each Unit shall consist of one [...]
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