TNR Gold welcomes further investment in McEwen Copper's Los Azules project by Rio Tinto's Nuton

About this update from Tnr Gold Corp.

[{"type":"text","content":"TNR Gold welcomes further investment in McEwen Copper's Los Azules project by Rio Tinto's Nuton\n \n \n (NewsDirect)\n \n \n \n \n TNR Gold Corp CEO Kirill Klip joined\nProactive's Stephen Gunnion with details of a significant new\nfinancing that McEwen Copper received for the Los Azules copper, gold,\nand silver project in San Juan, Argentina.\n \n \n Nuton LLC - a Rio Tinto Venture and an\nexisting shareholder - will invest $10 million to acquire additional\nshares of McEwen Copper, with proceeds from the to be allocated to\nadvancing Los Azules, one of the top 10 largest undeveloped copper\ndeposits in the world according to Mining Intelligence.\n \n \n The investment follows an additional\ninvestment from global automaker Stellantis.\n \n \n Klip said the new round of funding for Los\nAzules follows a positive updated mineral resource for the project,\nwhich confirmed the huge potential for the project.\n \n \n Following\nan unsolicited bid for TNR Gold from Lithium Royalty Corp, he also\ndiscussed the current \"M&A season\" for royalty companies\ndue to very attractive valuations.\n \n \n \n Contact\nDetails\n \n \n \n Proactive Investors USA\n \n \n +1\n347-449-0879\n \n \n \n [email protected]\n \n \n \n Copyright (c) 2023 TheNewswire - All rights reserved.\n \n \n","length":1735,"tagName":"div"}]

More updates from Tnr Gold Corp.