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Trillium Gold Mines Announces Issuance of Previously Announced Warrants
VANCOUVER, British Columbia, April 24, 2023 (GLOBE NEWSWIRE) -- Trillium Gold Mines Inc. (TSXV: TGM, FRA: 0702) (“Trillium”) announced today that, further to it
About this update from Renegade Gold Inc.
[{"type":"text","content":" VANCOUVER, British Columbia, April 24, 2023 (GLOBE NEWSWIRE) -- Trillium Gold Mines Inc. (TSXV: TGM, FRA: 0702) (“Trillium”) announced today that, further to its press release dated March 29, 2023, it has issued 608,695 warrants (the “Warrants”) to RSD Capital Corp. (“RSD”) in connection with the bridge loan agreement between Trillium and RSD dated March 28, 2023. The Warrants qualify as a Loan Bonus pursuant to section 2 of TSX Venture Exchange (“TSXV”) Policy 5.1. Each Warrant entitles the holder to subscribe for and purchase one common share (a “Common Share”) in the capital of Trillium at a purchase price of C$0.115 per Common Share for a period of one year following the date of issuance. Each Warrant is non-assignable and non-transferable and the Warrants and any Common Shares issued upon exercise of the Warrants are subject to a hold period and may not be traded until August 25, 2023, except as permitted by applicable securities legislation and the rules and policies of the TSXV. The Warrants remain subject to the final acceptance of the TSXV. About Trillium Gold Mines Inc. Trillium Gold Mines Inc. is a growth focused company engaged in the business of acquisition, exploration and development of mineral properties located in the Red Lake Mining District of Northern Ontario. As part of its regional-scale consolidation strategy, Trillium has assembled one of the largest prospective land packages in and around the Red Lake mining district in proximity to major mines and deposits, as well as along the Confederation Lake and Birch-Uchi greenstone belts. Trillium recently closed acquisitions effectively extending its contiguous land position over more than 100 km of favourable structures on trend with Kinross Gold’s Great Bear Project and Evolution Mining’s Red Lake Operation. In addition, Trillium has interests in highly prospective properties in Larder Lake and Shining Tree, Ontario. Visit Trillium’s website at www.trilliumgold.com. For further information, please contact: Trillium Gold Inc. Russell StarrPresident, CEO and Director Donna YoshimatsuVP Corporate Development and Investor Relations Tel: (416) 722-2456Email: [email protected] or [email protected]: www.trilliumgold.com Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Vent...