Trillium Gold Announces Issuance of Previously Announced Warrants
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NEWS RELEASE
Trillium Gold Announces Issuance of Previously
Announced Warrants
NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR
DISSEMINATION IN THE UNITED STATES
VANCOUVER, BC, April 24, 2023 - Trillium Gold Mines Inc. (TSXV: TGM, FRA: 0702) (“Trillium”)
announced today that, further to its press release dated March 2 9, 2023, it has issued 608,695
warrants (the “ Warrants”) to RSD Capital Corp. (“ RSD”) in connection with the bridge loan
agreement between Trillium and RSD dated March 28, 2023.
The Warrants qualify as a Loan Bonus pursuant to section 2 of TSX Venture Exchange (“TSXV”)
Policy 5.1. Each Warrant entitles the holder to subscribe for and purchase one common share (a
“Common Share”) in the capital of Trillium at a purchase price of C$0.115 per Common Share
for a period of one year following the date of issuance. Each Warrant is non-assignable and non-
transferable and the Warrants and any Common Shares issued upon exercise of the Warrants
are subject to a hold period and may not be traded until August 25, 2023, except as permitted by
applicable securities legislation and the rules and policies of the TSXV.
The Warrants remain subject to the final acceptance of the TSXV.
About Trillium Gold Mines Inc.
Trillium Gold Mines Inc. is a growth focused company engaged in the business of acquisition,
exploration and development of mineral properties located in the Red Lake Mining District of
Northern Ontario. As part of its regional-scale consolidation strategy, Trillium has assembled one
of the largest prospective land packages in and around the Red Lake mining district in proximity
to major mines and deposits, as well as along the Confederation Lake and Birch-Uchi greenstone
belts. Trillium recently closed acquisitions effectively extending its contiguous land position over
more than 100 km of favourable structures on trend with Kinross Gold’s Great Bear Project and
Evolution Mining’s Red Lake Operation. In addition, Trillium has interests in highly prospective
properties in Larder Lake and Shining Tree, Ontario.
Visit Trillium’s website at www.trilliumgold.com.
For further information, please contact:
Trillium Gold Inc.
Russell Starr
President, CEO and Director
Donna Yoshimatsu
VP Corporate Development and Investor
Relations
Tel: (416) 722-2456
Email: [email protected] or
Website: www.trilliumgold.com
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Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is
defined in the policies of the TSX Venture Exchange) accepts responsibility for the
adequacy or accuracy of this release.
Cautionary note regarding forward-looking statements
This news release contains forward-looking statements and forward-looking information, which involves
known and unknown risks, uncertainties and other factors that may cause actual events to differ materially
from current expectations. All statements, other than statements of historical facts, are forward -looking
statements. Generally, forward -looking statements can be identified by the use of terminology such as
“plans”, “expects', “estimates”, “intends”, “anticipates”, “believes” or variations of such words, or statements
that certain actions, events or results “may”, “could”, “would”, “might”, “occur” or “be achieved”. Such
forward-looking statements include, without limitation, statements regarding the expected use of proceeds
of the Loan. This news release contains forward-looking information, which involves known and unknown
risks, uncertainties and other factors that may cause actual events to differ materially from current
expectations. Forward-looking information is based on management’s reasonable assumptions, estimates,
expectations, analyses and opinions, which are based on management’s experience and perception of
trends, current conditions and expected developments, and other factors that management believes are
relevant and reasonable in the circumstances, but which may prove to be incorrect. Such factors, among
others, include: ability to obtain required approvals from the TSX Venture Exchange; impacts arising from
the global disruption caused by the Covid-19 coronavirus outbreak, business integration risks; fluctuations
in general macroeconomic conditions; fluctuations in securities markets; fluctuations in spot and forward
prices of gold or certain other commodities; change in national and local government, legislation, taxation,
controls, regulations and political or economic developments; risks and hazards associated with the
business of mineral exploration, development and mining (including environmental hazards, industrial
accidents); inability to obtain adequate insuranc e to cover risks and hazards; the presence of laws and
regulations that may impose restrictions on mining; employee relations; relationships with and claims by
local communities and indigenous populations; availability of increasing costs associated with mining inputs
and labour; the speculative nature of mineral exploration and development (including the risks of obtaining
necessary licenses, permits and approvals from government authorities); and title to properties.
Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only
as of the date of this press release. The companies disclaim any intention or obligation, except to the extent
required by law, to update or revise any forward-looking statements, whether as a result of new information,
future events or otherwise.