TNR Gold Announces Director Shareholdings
TNR Gold Announces Director Shareholdings
Vancouver B.C. August 23, 2017 : TNR Gold Corp. (TSX-V: TNR) (“TNR” or the
“Company”) is pleased to announce John Wisbey, Deputy Chairman of TNR, has increased
his shareholding in the Company through a series of market purchases to a total of 7,497,000
common shares, representing 5.004% of the common shares outstanding. Mr. Wisbey also
holds options to purchase up to 1,550,000 common shares, representing diluted shareholdings
of 5.977%.
Kirill Klip, the Compan y’s Executive Chairman commented, “I welcome John Wisbey as a n
active member of our team and the TNR Board. TNR is working to become an energy metals
royalty company. We are advancing strategic market opportunities for our royalty holdings in
McEwen Mining’s Los Azules Copper project in Argentina as well as other royalties in strategic
commodities such as lithium, and such strategic stakes as the Shotgun Gold investment
project. The Company will be expanding its reach in overseas markets such as London in
order to facilitate the active management of its projects portfolio. John will oversee the
Company’s capital market operations and strategic transactions.”
ABOUT TNR GOLD CORP.
TNR Gold Corp. is working to become an energy metals royalty company. Over the past
twenty-two years, TNR, through its lead 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 identified the p otential of the Los Azules copper project in
Argentina and now holds a 0.36% NSR on the prospect.
TNR is also a major shareholder of International Lithium Corp. (“ILC”), with current holdings of
approximately 15% of the outstanding shares of ILC. ILC holds interests in lithium projects in
Argentina, Ireland and Canada.
TNR retains a 1.8% NSR on the Mariana property in Argentina. ILC maintains a right to
repurchase 1.0% of the NSR on the Mariana property of which 0.9% relates to the Company’s
NSR interest. T he Company would receive $900,000 on execution of the repurchase. The
project is currently being advanced in a joint venture between ILC and Ganfeng Lithium
International Co. Ltd.
At its core, TNR provides significant exposure to gold and copper through it s holdings in
Alaska (the Shotgun gold porphyry project) and Argentina, and is committed to continued
generation of in -demand projects, while diversifying its markets and building shareholder
value.
1111 Melville Street, Suite 1100
Vancouver, British Columbia
V6E 3V6, Canada
T: 604-700-8912
E-mail: [email protected]
Website: http://www.tnrgoldcorp.com
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On behalf of the Board of Directors,
Kirill Klip
Executive Chairman
www.tnrgoldcorp.com
For further information concerning this news release please contact +1 604-700-8912
[email protected] and [email protected]
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.
Cautionary Statement Regarding Forward-Looking Information
Except for statements of historical fact, this news release contains certain “forward -looking
information” within the meaning of applicable securities law. Forward -looking information is
frequently characterized by words such as “plan”, “expect”, “project”, “intend”, “believe”,
“anticipate”, “estimate”, “will”, “could” and other similar words, or statements that certain events
or conditions “may” or “could” occur. Such forward-looking information is based on a number of
assumptions and subject to a variety of risks and uncertainties, including but not limited to
those discussed in the sections entitled “Forward -Looking Statements” in the interim and
annual Management’s Discus sion and Analysis which are available at www.sedar.com. While
our management believes that the assumptions made are reasonable, should one or more of
the risks, uncertainties or other factors materialize, or should underlying assumptions prove
incorrect, a ctual results may vary materially from those described in forward -looking
information. Forward-looking information herein, and all subsequent written and oral forward -
looking information are based on estimates and opinions of management on the dates they are
made and are expressly qualified in their entirety by this cautionary statement. Except as
required by law, the Company assumes no obligation to update forward -looking information
should circumstances or management’s estimates or opinions change.