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TRU Precious Metals CEO unveils bold share buyback plan and reveals exciting high-grade gold prospects

(NewsDirect) TRU Precious Metals CEO Joel Freudman joined Steve Darling from Proactive to...

articleTru Precious Metals Corp.December 7, 20233/company/tru-precious-metals-corp/news/tru-precious-metals-ceo-unveils-bold-share-buyback-plan-and-reveals-exciting-high-grade-gold-prospects
TRU Precious Metals CEO unveils bold share buyback plan and reveals exciting high-grade gold prospects

About this update from Tru Precious Metals Corp.

[{"type":"text","content":"TRU Precious Metals CEO unveils bold share buyback plan and reveals exciting high-grade gold prospects\n \n \n (NewsDirect)\n \n \n \n \n TRU Precious Metals CEO Joel Freudman\njoined Steve Darling from Proactive to share news the company has\nrecently announced a normal course issuer bid to repurchase up to 10%\nof its publicly-held shares, amounting to approximately 9.7 million\nshares.\n \n \n This strategic move is\ndriven by the belief that market conditions undervalue the company.\n \n \n Uniquely, TRU Precious Metals has\nimposed fiscal discipline, capping expenditures for the share buyback.\nThe CEO emphasizes managing cash efficiently while seizing\nopportunities to acquire shares when deemed advantageous.\n \n \n This initiative aims to safeguard the\ntreasury, eliminate selling pressures, and consolidate ownership among\nlong-term core shareholders.\n \n \n Friedman underscores the company's confidence in its\nprospects, citing recent high-grade copper and medium-grade gold assay\nresults from the Golden Rose project.\n \n \n The positive outlook is reinforced by strategic investments and\nshare purchases by core shareholders, reflecting their belief in TRU\nPrecious Metals' value and strategic direction.\n \n \n Looking\nahead to 2024, the company anticipates a busy year with planned\nexploration and drilling programs, buoyed by favorable market\nconditions and record-high gold prices.\n \n \n \n Contact\nDetails\n \n \n \n Proactive Investors Canada\n \n \n +1\n604-688-8158\n \n \n \n [email protected]\n \n \n \n Copyright (c) 2023 TheNewswire - All rights reserved.\n \n \n","length":2122,"tagName":"div"}]

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