TNR Gold Grants Stock Options
TNR Gold Grants Stock Options
Vancouver B.C. August 15 , 2017 : TNR Gold Corp. (TSX-V: TNR) (“TNR” or the
“Company”) announces that it has granted to directors, officers and consultants of the
Company stock options (the “Options”) to purchase a total of up to 6,700,000 common shares
at an exercise price of $0.05 per common share. The Options are exercisable for a period of 5
years and will vest and be exercisable one-year from the date of grant. All other terms are in
accordance with the Company’s Stock Option Plan.
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 potential 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. (TSX:ILC) (“ILC”), with current
holdings of approximately 15% of the outstanding shares of ILC. ILC hold s 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. The 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 its 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.
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
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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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 “for ward-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 s ections entitled “Forward -Looking Statements” in the interim and
annual Management’s Discussion 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, unce rtainties or other factors materialize, or should underlying assumptions prove
incorrect, actual results may vary materially from those described in forward -looking
information. Forward-looking information herein, and all subsequent written and oral forwar d-
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.