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Tiernan Gold Completes Qualifying Transaction and Prepares to Resume Trading on TSX Venture Exchange
VANCOUVER, BC, Dec. 17, 2025 /CNW/ - Tiernan Gold Corp. ("Tiernan" or the "Company") (TSXV: TNGD), formerly Railtown Capital Corp. ("Railtown"), is pleased to a
About this update from Tiernan Gold Corp
[{"type":"text","content":"VANCOUVER, BC, Dec. 17, 2025 /CNW/ - Tiernan Gold Corp. (\"Tiernan\" or the \"Company\") (TSXV: TNGD), formerly Railtown Capital Corp. (\"Railtown\"), is pleased to announce the completion of its previously announced qualifying transaction (the \"Qualifying Transaction\") on December 16, 2025, under Policy 2.4 – Capital Pool Companies (\"Policy 2.4\") of the TSX Venture Exchange (the \"TSXV\"). Trading in the common shares of the Company (the \"Common Shares\") is expected to commence on the TSXV on or about Friday, December 19, 2025, under the ticker symbol \"TNGD\" (CUSIP: 88650A105), subject to the issuance by the TSXV of its final bulletin in respect of the Qualifying Transaction. Upon receipt of the final approval of the TSXV, the Company will be listed on the TSXV as a \"Tier 1\" mining issuer. Tiernan is a well-capitalized gold development company focused on rapidly advancing the Volcan gold project, a large-scale open-pit, heap-leach project located in Chile's Maricunga Gold Belt (the \"Volcan Gold Project\" or the \"Project\"). Fausto Di Trapani, Chief Executive Officer and Director of Tiernan, remarked: \"The commencement of trading marks a major milestone for Tiernan. We enter the public markets with a strong balance sheet and a high-quality gold asset in one of the world's most prolific gold belts. Our focus is disciplined de-risking of the Volcan Gold Project and creating long-term value through systematic advancement and clear technical milestones.\" The parties to the Qualifying Transaction received conditional approval from the TSXV on December 8, 2025 and a filing statement of Railtown prepared in accordance with the requirements of the TSXV (the \"Filing Statement\") was subsequently filed under the Company's profile on SEDAR+ on December 9, 2025 and is available at www.sedarplus.ca. Details of Qualifying Transaction The Qualifying Transaction resulted in Tiernan PrivateCo (as defined below) becoming a publicly listed gold development company on the TSXV, following a reverse take-over of Railtown. Tiernan holds a 100% interest in the Volcan Gold Project in Chile and is positioned to advance the asset through systematic technical work programs. The Qualifying Transaction was completed by way of...