TNR Gold Announces Strategic Initiatives
NEWS RELEASE
TNR Gold Announces Strategic Initiatives
Vancouver B.C. December 18, 2018: TNR Gold Corp. (TSX-V: TNR) (“TNR” or the “ Company”) is
pleased to announce that the Company is launching strategic initiatives in order to investigate new
opportunities for raising capital for a junior mining company.
"All junior mining companies are facing a lack of investment capital allocated to our sector in this part of
the cycle. It is very difficult to raise capital on acceptable terms without excessive dilution for our
shareholders by using only conventional avenues available for our type and size of compan y; by
issuing securities, using debt instruments or selling assets. We would like to proactively manage our
capital base and start a strategic review of our royalty portfolio in order to optimi ze our holdings and
meet strategic goals," stated Kirill Klip, Executive Chairman of TNR. "Among these strategic initiatives
will be research and marketing of convertible royalty debentures - debt instruments allowing conversion
directly into part-ownership of our royalty holdings; M&A activities aimed at creating partnerships on the
basis of our royalty holding companies and exploring the opportunities provided by blockchain
technology in order to create access to capital allocated for crypto assets. We are actively seeking
partners who would like to connect their digital assets with our potential future royalty cash -flow
streams."
"The future of blockchain technology is one of untold promise, and it may provide a more efficient, cost-
effective and secure manner for transactions. This will expedite investment, reduce barriers to entry and
help further global economic growth. It is of my opinion that blockchain technology is the next great
evolution of financing. The evolution of 'crypto capitali sm’ will further all stages of busin ess, radically
streamline costs and ensure the highest possible amount of funds possible are solely directed to
projects and connect global investment networks efficiently," commented John Davies, Director of TNR.
"At TNR Gold we endeavour to analyze this process in depth, ascertain how blockchain technology can
be utilized in the future for capitali zation efforts for not only our consideration but for the entire mining
and exploration sectors and those involved in commodities. TNR Gold goes beyond the balance sheet
as we are the little company with a great ambition to better our world."
ABOUT TNR GOLD CORP.
TNR Gold Corp. is working to become a green energy metals royalty company.
Over the past 22 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 potential of the Los Azules copper project in Argentina and now
holds a 0.36% NSR royalty on the entire project, which is being developed by McEwen Mining Inc.
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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TNR holds a strategic stake in International Lithium Corp. (“ILC”), a green energy metals company that
was created through the spin-out of TNR’s energy metals portfolio in 2011. ILC holds interests in lithium
projects in Argentina, Ireland and Canada.
TNR retains a 1.8% NSR royalty on the Mariana Lithium Brine Property in Argentina. ILC has a right to
repurchase 1.0% of the NSR royalty on the Mariana Lithium prop erty of which 0.9% relates to the
Company’s NSR interest. The Company would receive $900,000 on the 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, copper and lithium through its holdings in Alaska
(the Shotgun gold porphyry project) and Argentina, and is committed to the continued generation of in -
demand projects, while diversifying its markets and building shareholder value.
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
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, although
not all forward -looking statements contain these identifying words . Specifically, for ward-looking
statements in this news release include, but are not limited to, statements made in relation to: TNR’s
corporate objectives, changes in share capital, market conditions for energy commodities, the results of
McEwen Mining’s and ILC’s PEAs, and improvements in the financial performance of the Company.
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 “Risks” and
“Forward-Looking Statements” in the Company’s interim and annual Management’s Discussion and
Analysis which are available under the Company’s profile on www.sedar.com. While management
believes that the assumptions made and reflected in this news release are reasonable, should one or
more of the risks, uncertainties or other factors materialize, or should underlying assumptions prove
incorrect, actual results may vary materially from those described in forward -looking information. In
particular, there can be no assurance that: TNR will be able to repay its loans or complete any further
royalty acquisitions or sales; debt or other financing will be available to TNR; or that TNR will be able to
achieve any of its corporate objectives. Given these u ncertainties, readers are cautioned that forward -
looking statements included herein are not guarantees of future performance, and such forward-looking
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statements should not be unduly relied on.
In formulating the forward -looking statements contained herein , management has assumed that
business and economic conditions affecting TNR and its royalty partners , McEwen Mining Inc. and
International Lithium Corp. will continue substantially in the ordinary course, including without limitation
with respect to gener al industry conditions, general levels of economic activity and regulations. These
assumptions, although considered reasonable by management at the time of preparation, may prove to
be incorrect.
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 obligati on to update forward -looking information should circumstances or management’s
estimates or opinions change.