TRU Precious Metals Corp. (TSXV: TRU)

TRU News - TRU Provides Update on Flagship Golden Rose Project Know more: https://lnkd.in/gzEZPv7z #TSXV #TRU #OTCQB #TRUIF #FSE #706 #miningnews #goldnews #gold

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TRU Precious Metals Corp. (TSXV: TRU) (TSXV:TRU, OTCQB:TRUIF, FSE:706) (“TRU” or the “Company”) is pleased to announce that, further to its news release dated July 30, 2024, it has now received an outstanding drill permit and accordingly has satisfied all pre-conditions to the definitive earn-in agreement (the “Option Agreement”) transaction with Eldorado Gold Corporation (TSX:ELD, NYSE:EGO) (“Eldorado”). Pursuant to the Option Agreement, Eldorado has been granted the exclusive option (the “Option”) to earn an 80% ownership interest in TRU’s Golden Rose Project (“Golden Rose”), strategically located along the gold deposit-bearing Cape Ray – Valentine Lake Shear Zone in Central Newfoundland. TRU CEO Steve Nicol commented: “We are delighted to welcome Eldorado, a gold producer with global operations, as a strategic partner to TRU. The TRU team is eager to drive exploration efforts forward and we look forward to a successful collaboration with Eldorado to unlock the potential of the project.” https://lnkd.in/g5Z9GpSN #TRUPreciousMetals #GoldenRoseProject #EldoradoGold #MiningNews #GoldExploration #NewfoundlandGold #TSXV #OTCQB #FSE #GoldMining #MineralExploration #JuniorMining #GoldInvesting #MiningDiscovery #CapeRayValentineLake #MiningUpdates #ResourceSector #GoldStocks #MiningPartnership #MiningIndustry #ExplorationSuccess

TRU Precious Metals Corp. (TSXV: TRU). (TSXV:TRU, OTCQB:TRUIF, FSE:706) (“TRU” or the “Company”) today announced that, effective immediately, it has terminated the normal course issuer bid (“NCIB”) first announced on December 7, 2023. The purpose of the NCIB was to purchase and cancel up to 9,668,743 common shares of the Company (“Shares’’), representing up to 10% of the Company’s outstanding Public Float (as defined in TSX Venture Exchange (“TSXV”) Policy 1.1 – Interpretation) as at the date thereof. The NCIB commenced on December 11, 2023 and was set to conclude one year later on December 10, 2024, or earlier if the maximum number of Shares sought in the NCIB had been repurchased, or if the Company deemed it appropriate to conclude the NCIB before the specified end date. The share purchases were completed by way of open market purchases through the facilities of the TSXV and other exchanges, and TRU paid the market price of the Shares at the time of acquisition. The NCIB was subject to a maximum aggregate purchase price of any Shares repurchased under the NCIB of $150,000 plus brokerage commissions, as well as the maximum price per Share repurchased under the NCIB of $0.04. As of August 12, 2024, 4,934,000 Shares have been repurchased representing approximately 3% of the outstanding shares at the time of the commencement of the NCIB. The Shares were repurchased at an average price of $0.029. All repurchased shares will be cancelled. https://lnkd.in/gGSvbh5v #MiningDiscovery #TRUPreciousMetals #TSXV #OTCQB #FSE #Investing #MiningNews #GoldStocks #PreciousMetals #StockMarket #MineralExploration #TSXVTRU #TRUIF #StockBuyback #NCIB #ResourceStocks #GoldMining #JuniorMining #MarketUpdate #MiningInvestments #GoldInvesting

TRU Precious Metals Corp. (TSXV: TRU). (TSXV:TRU, OTCQB:TRUIF, FSE:706) (“TRU” or the “Company”) is pleased to announce the appointment of Steve Nicol as the new CEO of the Company, effective August 7, 2024. Mr. Nicol is currently a director on the TRU board of directors (the “Board”) and also serves as Technical Advisor to TRU’s strategic investor Ormonde Mining plc (“Ormonde”). One of his initial key focusses will be overseeing the multi-year, partner-funded gold and copper focused exploration program at the Golden Rose Project (“Golden Rose”) in Western-Central Newfoundland pursuant to the earn-in agreement with Eldorado Gold Corporation (TSX:ELD, NYSE:EGO) (“Eldorado”) announced on July 30, 2024. Mr. Nicol is a mining engineer with over 35 years of experience in the mining industry, including in operations management, mine evaluation and development, and other diverse corporate roles. He has held Operations Management positions in various underground and open pit mines, culminating in a 13-year period as Managing Director and Project Manager of the Spanish-based company that identified, studied, designed, permitted, financed, constructed, and put into successful operation the Barruecopardo Tungsten mine in Western Spain. That mine continues successfully operating today, adjacent to an environmentally protected area, employing some 200 people and selling a high-quality mineral concentrate product across the globe. https://lnkd.in/gyHZ4-bi #TRUPreciousMetals #MiningIndustry #MiningExecutives #GoldExploration #CopperExploration #GoldenRoseProject #NewfoundlandMining #OrmondeMining #EldoradoGold #SteveNicol #MiningDiscovery

TRU Precious Metals Corp. (TSXV: TRU) (TSXV:TRU, OTCQB:TRUIF, FSE:706) (“TRU” or the “Company”) is pleased to announce that, further to its news release dated July 30, 2024, it has obtained both shareholder approval and TSX Venture Exchange approval of the definitive earn-in agreement (the “Option Agreement”) transaction with Eldorado Gold Corporation (TSX:ELD, NYSE:EGO) (“Eldorado”). Pursuant to the Option Agreement, Eldorado has been granted the exclusive option (the “Option”) to earn an 80% ownership interest in TRU’s Golden Rose Project (“Golden Rose”), strategically located along the gold deposit-bearing Cape Ray – Valentine Lake Shear Zone in Central Newfoundland. Closing of the Option Agreement remains subject to TRU’s receipt of a drilling permit for Golden Rose from the Mineral Lands Division of the Newfoundland government (“Mineral Lands”). The permit application is under review by Mineral Lands and is expected to be issued within the month of August. https://lnkd.in/g45ts4Pd #TRUPreciousMetals #MiningDiscovery #MarketGainers #TSXV #Investing #StockMarket #MiningIndustry #PreciousMetals #InvestorAlert #StockSurge #MarketWatch #MiningNews #TSXVGainers #CommodityStocks #MarketUpdate #StockInvesting #MiningExploration #ResourceStocks #Investors #GoldMining

In this interview, Joel Freudman, CEO of TRU Precious Metals Corp. (TSXV: TRU)(OTCQB:TRUIF)(FSE:706), discusses the company's recent $15 million deal with Eldorado Gold for their Golden Rose Project in Newfoundland. Freudman explains how the company attracted such a significant partner at an early stage, highlighting the project's strategic location and geological merit. He elaborates on the deal terms, which include cash payments and exploration funding over five years, potentially leading to Eldorado earning an 80% interest in the project. Freudman also touches on the growing interest in Newfoundland's mining sector, the company's long-term plans, and his positive outlook on the gold market. The interview emphasizes the significance of this deal as a major inflection point for TRU Precious Metals and its potential impact on the company's future growth. TRU Precious Metals Corp. (TSXV: TRU) (TSXV:TRU)(OTCQB:TRUIF)(FSE:706) is on a mission to build long-term shareholder value through prudent natural resource property development and transactions. TRU is exploring for gold and copper in the highly prospective Central Newfoundland Gold Belt on its 100%-owned Golden Rose Project, originally optioned from TSX-listed Altius Minerals. Golden Rose is a regional-scale 264.25 km 2 land package, including 45 km of strike length along the deposit-bearing Cape Ray - Valentine Lake Shear Zone, directly between Calibre Mining's Valentine Gold Project and AuMega Metals' Cape Ray Gold Project. In addition, TRU has an option with Quadro Resources Ltd. to acquire up to an aggregate 65% ownership interest in two claim packages covering 33.25 km 2 , including a 12 km strike length along the Shear Zone within Golden Rose. TRU is approximately 36%-owned by European strategic investor Ormonde Mining plc (AQSE:ORM). https://lnkd.in/gDAaAs-H #trupreciousmetalscorp #tsxv #otcqb #truif #mining #goldenroseproject #GoldenRoseProject, #Mining, #GoldMining, #CopperMining, #Newfoundland, #ElDoradoGold, #MineralExploration, #MiningIndustry, #PreciousMetals, #Gold, #Copper, #Drilling, #Exploration, #MineralResources, #MiningPartnership, #MiningNews, #CanadaMining, #HighGradeGold, #HighGradeCopper #invest #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews

TRU Precious Metals Corp. (TSXV: TRU) CEO Joel Freudman joined Steve Darling from Proactive to share news about the company’s exciting announcement of a definitive earn-in agreement with Eldorado Gold Corporation. This agreement grants Eldorado an exclusive option to acquire an 80% ownership interest in TRU's Golden Rose Project, located in Central Newfoundland. Freudman emphasized that the deal with Eldorado is a significant endorsement of the substantial work TRU has undertaken since acquiring the initial land package from Altius Minerals in 2021. To secure this 80% stake in the Golden Rose Project, Eldorado is required to make payments and fund exploration expenditures totaling up to 7 million dollars, along with additional cash considerations. The company has already commenced its exploration program at Golden Rose, focusing on various methodologies including prospecting, grab sampling, reconnaissance soil sampling, and trenching. These activities target critical mineral anomalies identified through prior TRU investigations, historical data analysis, and newly acquired high-resolution satellite and remote sensing data covering the entire property. The Golden Rose Project is particularly notable for being historically underexplored, with many of the planned target areas experiencing limited previous exploration. El Dorado must invest CAD 660,000 in drilling by July next year as part of their exploration commitments. TRU Precious Metals has already initiated preliminary fieldwork, focusing on copper exploration, to integrate copper drill targets with the gold-focused drill program. The company anticipates increased exploration activity and subsequent news flow in the coming months, marking a pivotal moment in its growth and operations. #proactiveinvestors #trupreciousmetalscorp #tsxv #otcqb #truif #mining #goldenroseproject #GoldenRoseProject, #Mining, #GoldMining, #CopperMining, #Newfoundland, #ElDoradoGold, #MineralExploration, #MiningIndustry, #PreciousMetals, #Gold, #Copper, #Drilling, #Exploration, #MineralResources, #MiningPartnership, #MiningNews, #CanadaMining, #HighGradeGold, #HighGradeCopper #invest #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews https://lnkd.in/g-gwYqzR

TRU Precious Metals Corp. (TSXV: TRU). Gains 40% on TSXV Market Movers List TRU Precious Metals Corp. (TSXV: TRU) saw a 40% increase in its stock price, rising to $0.035. This surge places TRU among the top percent gainers on the TSXV, reflecting a strong performance and increased investor interest. With a volume of 758,680 shares traded, TRU Precious Metals is garnering significant attention in the market. Read More https://lnkd.in/gBiJvX2v #TRUPreciousMetals #MiningStocks #MarketGainers #TSXV #Investing #StockMarket #MiningIndustry #PreciousMetals #InvestorAlert #StockSurge #MarketWatch #MiningNews #TSXVGainers #CommodityStocks #MarketUpdate #StockInvesting #MiningExploration #ResourceStocks #Investors #GoldMining

In this segment of The Ellis Martin Report and MoneyTalk Radio, we speak with TRU Precious Metals Corp. (TSXV: TRU)' CEO Joel Freudman. as Eldorado Gold enters into a definitive option agreement with the company. Toronto, Ontario – July [30], 2024 – TRU Precious Metals Corp. (TSXV:TRU, OTCQB:TRUIF, FSE:706) (“TRU” or the “Company”) is pleased to announce that it has signed a definitive earn-in agreement (the “Option Agreement”) with Eldorado Gold Corporation (TSX:ELD, NYSE:EGO) (“Eldorado”), effective July [29], 2024, pursuant to which Eldorado has been granted the exclusive option (the “Option”) to earn an 80% ownership interest in TRU’s Golden Rose Project (as defined below), strategically located along the gold deposit-bearing Cape Ray – Valentine Lake Shear Zone in Central Newfoundland. All figures are in Canadian dollars, unless otherwise stated. TRU Co-Founder and CEO Joel Freudman commented: “We are thrilled to partner with Eldorado to advance the Golden Rose Project, which we consider a strong endorsement of the work completed since optioning the initial land package from Altius Minerals in 2021, including leveraging the support of our strategic investor Ormonde Mining over the past year. Eldorado’s expenditures under the Option Agreement will accelerate the advancement of the Project’s gold and copper potential, while the cash payments will help fund TRU’s corporate overhead as we remain operator of the Project.” https://lnkd.in/gFk4yh3h #MiningDiscovery #TRUPreciousMetals #EldoradoGold #GoldenRoseProject #GoldMining #CopperMining #MiningIndustry #MineralExploration #TorontoMining #NewfoundlandGold #CapeRayValentineLake #MiningInvestments #ResourceDevelopment #StrategicPartnership #MiningOpportunities #MiningProjects #GoldExploration #MiningCollaboration #MiningNews #MineralResources