Triumph Gold Announces Consolidation of Share Capital
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Triumph Gold Announces Consolidation of Share Capital
VANCOUVER, British Columbia, December 14, 2022 -- Triumph Gold Corp. , (TSX -V: TIG)
(OTCMKTS: TIGCF) ( “Triumph” or the “ Company”) announces that it is proposing to consolidate its
common shares on the basis of one post -consolidation common share for every ten pre -consolidation
common shares (the “Share Consolidation”). Currently, a total of 138,844,229 common shares are issued
and outstanding, which will be consolidated into 13,884,422 common shares, assuming no other change in
the issued capital. Share percentage holdings will remain unchanged and Triumph’s outstanding options
and warrants will be adjusted to reflect the Share Consolidation. The Share Consolidation is subject to the
approval of the TSX Venture Exchange.
Triumph’s board of directors has carefully considered this consolidation of the common shares and believes
that, if approved and implemented, Triumph would benefit from enhanced trading liquidity and a greater
ability to raise additional capital to fund its operations.
About Triumph Gold Corp.
Triumph Gold Corp. is a growth oriented Canadian- based precious metals exploration and development
company. Triumph Gold Corp. is focused on creating value through the advancement of the district scale
Freegold Mountain Project in Yukon. For maps and more information, please visit our website
www.triumphgoldcorp.com.
On behalf of the Board of Directors
/s/ “John Anderson”
John Anderson, Executive Chairman
For further information please contact:
John Anderson, Executive Chairman
Triumph Gold Corp.
+1 (604) 218-7400
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.