TriMetals Mining Inc. , , reports the release of its condensed interim consolidated financial statements for the three months ended March 31, 2019 and the related management's discussion and analysis of financial position and results of operations . In this press release, all amounts are expressed in U.S. dollars, unless otherwise indicated. During the three months ended March 31, 2019, the Company reported net earnings [...]
TriMetals Mining Inc. is pleased to announce that on April 4, 2019, it has executed an addendum to its 2013 privileged arbitration funding agreement with its arbitration funder whereby the Company can elect to borrow up to US$2 million for working capital purposes. The Fund has made such working capital funding facility available to the Company in four semi-annual installments of US$500,000 each. The first US$500,000 [...]
TriMetalsMining Inc. , , reports the release of its audited consolidated financial statements for the year ended December 31, 2018, the related management's discussion and analysis of financial position and results of operations and an update on the proposed divestiture transaction for Escalones. In this press release, all amounts are expressed in U.S. dollars, unless otherwise indicated. During the year ended December [...]
TriMetals Mining Inc. announces the closing of a non-brokered private placement , raising net proceeds of Cdn$456,500 from the sale of 9,200,000 common shares priced at Cdn$0.05 per Share. The net proceeds from the Private Placement will be used for working capital and general corporate purposes. Robert van Doorn, Chairman of the Company, participated in the Private Placement by subscribing for 2,000,000 Shares. Update on [...]
TriMetals Mining Inc. , announces that Mr. Eric Edwards has submitted his resignation as TMI's President and Chief Executive Officer and from TMI's Board of Directors effective January 31, 2019. The Board of Directors of TMI are grateful for Mr. Edwards' achievements while at TMI. He joined TMI in January 2018 and was successful in streamlining and focusing the Company. In the past year, the Company has signed a [...]
TriMetals Mining Inc. , , announces that the Company has executed a letter of intent with Wealth Minerals Ltd. , a Vancouver BC, Canada based mineral exploration company, with respect to the divestiture of the Company’s 100% interest in the Escalones Copper Project in Chile to a newly formed, copper-focused, subsidiary of Wealth Minerals that Wealth Minerals is to spin-out to its shareholders . Eric Edwards [...]
TriMetals Mining Inc. , , announces that on November 22, 2018, an Arbitration Tribunal of the Permanent Court of Arbitration in The Hague, Netherlands, issued an award awarding the Company’s wholly-owned Bermudan subsidiary, South American Silver Limited US$18.7 million in amounts invested and approximately US$9 million in interest thereon running from August 1, 2012 to present, for a total of approximately US$28 [...]
TriMetals Mining Inc. reports the release of its condensed interim consolidated financial statements for the three and nine months ended September 30, 2018 and the related management’s discussion and analysis of financial position and results of operations . In this press release, all amounts are expressed in U.S. dollars, unless otherwise indicated. During the nine months ended September 30, 2018, the Company [...]
TriMetals Mining Inc. announces that it has received correspondence from the Permanent Court of Arbitration advising that the Arbitration Tribunal will issue the arbitration award on a date prior to the end of November 2018. About TriMetals Mining Inc. TriMetals Mining Inc. is a growth focused mineral exploration company creating value through the exploration and development of the near-surface, oxide, heap-leachable Gold [...]
Not for distribution to U.S. news wire services or dissemination in the United States. TriMetals Mining Inc. is pleased to announce the closing on October 25, 2018 of the first tranche of a non-brokered private placement , raising gross proceeds of $450,000 from the sale of 6,428,571 units priced at $0.07 per Unit. Each Unit consists of one common share of the Company and one-half of one common share purchase warrant of [...]
TriMetals Mining Inc. , , is participating at the Precious Metals Summit Beaver Creek in Colorado, September 20-22, 2018. TMI’s President and Chief Executive Officer Eric Edwards is scheduled to present at 9:45 a.m. MT on Saturday, September 22, 2018 to provide an update on TMI and its near-surface oxide Gold Springs Project in the Western U.S. Mr. Edwards will also be meeting with investors during the conference [...]
TriMetals Mining Inc. , , reports the release of its condensed interim consolidated financial statements for the three and six months ended June 30, 2018 and the related management’s discussion and analysis of financial position and results of operations . In this press release, all amounts are expressed in U.S. dollars, unless otherwise indicated. As at June 30, 2018, the Company had cash of $0.32 million. During [...]