Board of Directors, effective immediately.
T R I G O N A N N O U N C E S R E S I G N A T I O N O F D I R E C T O R A N D S T O C K O P T I O N
G R A N T
Toronto, Ontario (November 14, 2024) – Trigon Metals Inc. (TSX -V: TM, OTCQB: PNTZF)
(“Trigon” or the “Company”) announce s the resignation of Dr. David Shaw from the Company’s
Board of Directors, effective immediately.
Dr. Shaw has faithfully served on the Board of Directors since 2019. The Company wishes to thank
him for his contributions and dedicated service to Trigon over the past five years, and wish him
much success in his future endeavors.
Jed Richardson, CEO and Executive Chairman of Trigon, commented, “We wish to thank David for
his valuable insights and oversight as a director and wish him a very happy retirement.”
Stock Option Grant
The Company has granted a total of 125,000 stock options to an officer pursuant to its stock
option plan. The options may be exercised at a price of $0.82 per option for a period of five years
from the date of grant. The grant of options remains subject to the approval of the TSX Venture
Exchange.
The Company has amended the share exchange agreement between the Company, PNT
Financeco Corp. (formerly Base Metal Investment Services) and Commodity Makers International
(“CMI”) dated November 29, 2023 (the “SEA”) to permit any unissued Trigon common shares
issuable to CMI pursuant to the SEA to be issued immediately prior to any transaction which
results in Change in Control (as defined in the SEA, as amended) of Trigon.
Trigon Metals Inc.
Trigon is a publicly -traded Canadian exploration and development company with its core
business focused on copper and silver holdings in mine -friendly African jurisdictions. Currently,
the Company has operations in Namibia and Morocco. In Namibia, the Comp any holds an 80%
interest in five mining licences in the Otavi Mountainlands, an area of Namibia widely recognized
for its high -grade copper deposits, where the Company is focused on exploration and re -
development of the previously producing Kombat Mine.
Cautionary Notes
This news release may contain forward-looking statements. These statements include statements
regarding the stock option grants, the amendments to the SEA, changes to the Company’s board
of directors, the Company’s strategies and the Company’s abilities to execute such strategies, the
Company’s expectations for the Kombat Mine, and the Company’s future plans and objectives.
These statements are based on current expectations and assumptions that are subject to risks
and uncertainties. Actual results could differ materially because of factors discussed in the
management discussion and analysis section of our interim and most recent annual financial
statements or other reports and filings with the TSX Venture Exchange and applicable Canadian
securities regulations. We do not assume any obligation to update any forward-looking
statements, except as required by applicable laws.
Neither 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.
For further information, contact Tom Panoulias, VP Corporate Development:
+1 (647) 276-6002 x 1127
Website: www.trigonmetals.com