Business
TNR Gold Announces Strategic Initiatives
Vancouver, British Columbia--(Newsfile Corp. - December 18, 2018) -   TNR Gold Corp. ...
About this update from Tnr Gold Corp.
[{"type":"text","content":"TNR Gold Announces Strategic InitiativesVancouver, British Columbia--(Newsfile Corp. - December 18, 2018) -  TNR Gold Corp. (TSXV: TNR) (\"TNR\" or the \"Company\") is pleased to announce that the Company is launching strategic initiatives in order to investigate new opportunities for raising capital for a junior mining company.\"All junior mining companies are facing a lack of investment capital allocated to our sector in this part of the cycle. It is very difficult to raise capital on acceptable terms without excessive dilution for our shareholders by using only conventional avenues available for our type and size of company; by issuing securities, using debt instruments or selling assets. We would like to proactively manage our capital base and start a strategic review of our royalty portfolio in order to optimize our holdings and meet strategic goals,\" stated Kirill Klip, Executive Chairman of TNR. \"Among these strategic initiatives will be research and marketing of convertible royalty debentures - debt instruments allowing conversion directly into part-ownership of our royalty holdings; M&A activities aimed at creating partnerships on the basis of our royalty holding companies and exploring the opportunities provided by blockchain technology in order to create access to capital allocated for crypto assets. We are actively seeking partners who would like to connect their digital assets with our potential future royalty cash-flow streams.\"\"The future of blockchain technology is one of untold promise, and it may provide a more efficient, cost-effective and secure manner for transactions. This will expedite investment, reduce barriers to entry and help further global economic growth. It is of my opinion that blockchain technology is the next great evolution of financing. The evolution of 'crypto capitalism' will further all stages of business, radically streamline costs and ensure the highest possible amount of funds possible are solely directed to projects and connect global investment networks efficiently,\" commented John Davies, Director of TNR. \"At TNR Gold we endeavour to analyze this process in depth, ascertain how blockchain technology can be utilized in the future for capitalization efforts for not only our consideration but for the entire mining and exploration sectors and those involved in commodities. ...