Symbol: TNR:TSXV CUSIP: #87260X 109 SEC 12g3-2(b): Exemption #82-4434 TNR Gold Corp. Announces Strategic Changes
Symbol: TNR:TSXV
CUSIP: #87260X 109
SEC 12g3-2(b): Exemption #82-4434
TNR Gold Corp. Announces Strategic Changes
Vancouver, B.C. January 25, 2017: TNR Gold Corp. (t he "Company" or “TNR”) (TSX VENTURE: TNR.V)
announces that Kirill Klip, the non-executive Chair of TNR, has been appointed as the Chief Executive Officer
and President of the Company. Gary Schellenberg has resigned as CEO, President and a director of the
Company. Paul Chung has also resigned as a directo r of the Company and Jerry Bella has resigned as Ch ief
Financial Officer and Corporate Secretary. To fill the vacancies of the departing officers, John Wisbey has been
appointed as Corporate Secretary and Maurice Brooks has been appointed (subject to TSXV approval) as
interim CFO. The Board will now consist of Kirill Klip, Greg Johnson, John Wisbey and Ross Thompson.
Mr. Brooks is a licensed senior statutory auditor i n the UK. Since 2000, he has been a senior partner in
Johnson, Smith & Co., Chartered Accountants and Sta tutory Auditors. Previously, he had been Finance a nd
Deputy Managing Director of a vehicle producer, Inv estment Accountant to the Western Australian
Government, and before that he had been employed in the audit department of Price Waterhouse Coopers-
U.K.
Kirill Klip, Chairman, President and CEO of TNR Gol d stated: "I would like to thank management and dire ctors
of TNR Gold for the development of our Company and its portfolio of projects to this stage. Now it is time to
bring our Company to the next level based on a stra tegic partnerships with worldwide leaders in our in dustry
like Ganfeng Lithium at International Lithium and M cEwen Mining at Los Azules Copper project in Argent ina.
My strategy will be defined by maximising sharehold ers' value in our Company. My priorities will be to build
TNR Gold Team and advance our projects with strateg ic partners, who can provide the world-class technology
and capital. My focus will be to minimise dilution while optimising capital management at TNR Gold in order to
maximise the value of the assets of our Company."
About TNR Gold Corp. (www.tnrgoldcorp.com)
Over the past twenty-one years TNR, through its lea d generator business model, has been successful in
generating high quality exploration projects around the globe. With the Company’s expertise, resources and
industry network, it is well positioned to aggressively identify, source, explore, partner and continue to expand
its project portfolio.
TNR is also a major shareholder of International Li thium Corp. (TSX:ILC.V) (“ILC”), a company created by TNR
to advance its internationally acquired lithium pro spects. TNR currently holds about 15.9% of the outs tanding
shares of ILC.
At its core, TNR provides significant exposure to g old and copper through its holdings in Alaska and A rgentina
and is committed to continued generation of in-dema nd projects, while diversifying its markets and bui lding
shareholder value.
PO Box 62
488-625 Howe Street
Vancouver, British Columbia
V6B 4N9, Canada
Voice: (604) 687-7551
1-800-667-4470
E-mail: [email protected]
Website: http://www.tnrgoldcorp.com
On behalf of the Board of Directors,
Kirill Klip
Chairman, President and CEO, TNR Gold Corp.
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 o r accuracy of this Q&A. Statements in this Q&A othe r than purely historical
information, historical estimates should not be rel ied upon, including statements relating to the Comp any’s future plans and
objectives or expected results, are forward-looking statements. Q&A may contain certain "Forward-Looki ng Statements" within the
meaning of Section 21E of the United States Securit ies Exchange Act of 1934, as amended. Forward-looki ng statements are based on
numerous assumptions and are subject to all of the risks and uncertainties inherent in the Company’s b usiness, including risks
inherent in resource exploration and development. A s a result, actual results may vary materially from those described in the
forward-looking statements.