TNR Gold Grants Stock Options
NEWS RELEASE
TNR Gold Grants Stock Options
Vancouver B.C. December 8, 2017 : TNR Gold Corp. (TSX-V: TNR) (“TNR” or the “ Company”)
announces the grant of 2,500,000 stock options (the “ Options”) to directors, officers,
employees and consultants of the Company. The Options are exercisable at $0.055 per share
until five years from the date of grant , and will vest and be exercisable one year from the date
of grant.
Any shares issued on the exercise of the Options will be subject to a trading hold period of four
months from the date of grant.
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
royalty on the prospect.
TNR is also a major shareholder of International Lithium Corp. (“ILC”) . Current hold ings, after
conversion of a convertible loan to ILC, convertible at $0.14 per share, will constitute approximately
14.2% of the outstanding shares of ILC. ILC holds interests in lithium projects in Argentina, Ireland and
Canada.
TNR retains a 1.8% NSR royalty on the Mariana Lithium property in Argentina. ILC maintains a right to
repurchase 1.0% of the NSR royalty on the Mariana Lithium 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 curre ntly 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 i s 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
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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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 ade quacy 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, forward -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 PEA, 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 ma y vary materially from those described in forward -looking information. In particular ,
there can be no assurance that: TNR will be 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 uncertainties, readers are cautioned that forward -looking statements
included herein are not guarantees of future performance, and such forward -looking 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. or its joint v enture partner, Ganfeng Lithium International Co. Ltd. will
continue substantially in the ordinary course, including without limitation with respect to general 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 obligation to update forward -looking information should circumstances or management’s
estimates or opinions change.