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Tiernan Gold Completes Qualifying Transaction

Hochschild Mining PLC has confirmed that its wholly-owned indirect subsidiary, Tiernan Gold Corp., has completed its qualifying transaction, with Tiernan's common shares expected to begin trading on the TSX Venture Exchange under the ticker "TNGD" on or around December 19, 2025. Hochschild received C$16.5 million from the sale of a portion of its Tiernan holding, which was part of a brokered private placement, resulting in Hochschild now holding a 69.8% stake in Tiernan, or 61.9% on a fully diluted basis. Tiernan is focused on advancing the Volcan gold project in Chile. Disclaimer*

articleHochschild Mining PlcDecember 17, 20254/company/hochschild-mining-plc/news/tiernan-gold-completes-qualifying-transaction
Tiernan Gold Completes Qualifying Transaction

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[{"type":"text","content":"\n\n             \n \n \n \n \n___________________________________________________________________________________\n \n17 December 2025\n \nTiernan Gold Completes Qualifying Transaction\n \n \nFurther to previous announcements, Hochschild Mining PLC (\"Hochschild\" or the \"Company\") (LSE: HOC) (OTCQX: HCHDF) is pleased to confirm that Tiernan Gold Corp. (\"Tiernan\"), previously a wholly-owned indirect subsidiary, has completed its qualifying transaction (the \"Qualifying Transaction\").  As a result, trading in Tiernan's common shares is expected to commence on the TSX Venture Exchange on or about 19 December 2025, under the ticker symbol \"TNGD\". Tiernan is focused on advancing the large-scale open-pit heap leach Volcan gold project located in the Maricunga region of Chile.\n \nFor additional information on the Qualifying Transaction, please see the separate press release issued by Tiernan dated 17 December 2025.\n \nAs announced on 19 November 2025, Hochschild has received C$16.5 million following the sale of a part of its holding in Tiernan, which was completed concurrently with the recent brokered private placement. Consequently, Hochschild now has a 69.8% shareholding in Tiernan (61.9% on a fully diluted basis).\n \n \n_____________________________________________________________________________________\n \nEnquiries:\n \nHochschild Mining PLC\nCharles Gordon                                                                                                                                            &nbsp...

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