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Triumph Gold Corp. — Capital/Financing Update 2021
Mar 10, 2021
45856_rns_2021-03-10_295c5637-0bac-4435-97af-6c0a503f3351.pdf
Capital/Financing Update
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PRESS RELEASE
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Not for distribution in the United States or to U.S. wire services.
March 10, 2021
TSX.V: TIG OTCMKTS: TIGCF Frankfurt: 8N61
Triumph Gold Completes Acquisition of Big Creek Property
Vancouver, B.C., March 10, 2021 – Triumph Gold Corp. (TSX-V:TIG | OTCMKTS:TIGCF) (“ Triumph Gold ” or the “ Company ”) is pleased to announce that it has completed the acquisition of the Big Creek copper-gold property located in Yukon, Canada (the “ Property ”), previously announced on February 4, 2021. The Company acquired the Property from Teck Resources Limited (“ Teck ”) in consideration for 1,250,000 common shares of the Company and a 1.5% net smelter return granted to Teck pursuant to a royalty agreement (the “ Transaction ”).
All securities issued in connection with the Transaction are subject to a four month hold period expiring on July 2, 2021. No finder’s fees were paid in connection with the Transaction. The Transaction is an arms-length Transaction, and the Company has received final approval of the Transaction from the TSX Venture Exchange.
About Triumph Gold Corp.
Triumph Gold Corp. is a Canadian based, growth-oriented precious metals exploration and development company with a district scale land package in mining friendly Yukon. Triumph Gold is focused on creating value through the advancement of the district-scale Freegold Mountain Project located in the Dawson Range Gold Belt of Yukon, Canada. For maps and more information, please visit triumphgoldcorp.com.
On behalf of the Board of Directors
Signed “John Anderson”
John Anderson, Executive Chairman
For further information please contact:
John Anderson, Executive Chairman Nancy Massicotte Triumph Gold Corp. IR Pro Communications Inc. (604) 218-7400 (604) 507-3377 [email protected] [email protected]
Mars Investor Relations (647) 557-6651 [email protected]
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
1100 – 1111 Melville Street Vancouver, BC, Canada, V6E 3V6 Tel: 604.893.8757
For further information Please visit our website at triumphgoldcorp.com