Triple One Closes Property Acquisition
Triple One Metals Inc.
59 Payzant Drive
Windsor, Nova Scotia
CANADA, B0N 2T0
M: 902.698.2662
www.tripleonemetals.com
Triple One Closes Property Acquisition
For Immediate Release:
December 13, 2024 – Triple One Metals Inc. (“Tripe One” or the “Company”) (CSE: TONE) announces that further
to its press release dated October 18, 2024, the Company has now closed the transaction with Portsmouth Gold Corp.,
a private British Columbia company, and acquired 24 mineral claims, representing 1,200 hectares located in the Urban-
Barry greenstone belt of the James Bay region, Quebec for consideration of 5,930,001 units, subject to a 2% NSR
pursuant to an Underlying Agreement. Each unit consist s of one common share of the Company and one warrant
exercisable at $0.10 for a period of two (2) years. The securities have been issued with the statutory hold period of
four months plus a day in accordance with applicable securities legislation.
About Triple One Metals Inc.
Founded in 2018 as MLK Gold Ltd. the Company quickly emerging as one of Atlantic Canada's exciting resource
exploration companies offering exposure to gold and the strategic metal representing a unique mix of discovery and
resource development potential. The Company changed its name to Triple One Metals Inc. on April 12, 2023, to
better reflect its intended corporate focus. Invested in a portfolio of gold and critical metal projects in mining and
mineral-rich Newfoundland, Triple One’s plan is to capitalize on the province's ranking as one of the world’s top 10
mining jurisdictions and expand into a long-life, financially sound, gold, and critical metal-mining company.
Additional information about the Company and its activities may be found on the Company’s website at
https://tripleonemetals.com/ and under the Company’s profile at SEDAR+ https://www.sedarplus.ca/landingpage/.
On behalf of the Board of Directors of
Triple One Metals Inc.
A. Paul Gill
Chief Executive Officer
Telephone: 902.698.2662
For further information, please contact
A. Paul Gill
Chief Executive Officer
Triple One Metals Inc.
59 Payzant Drive, P.O. Box 657
Windsor, NS, Canada, B0N 2T0
Telephone: 902.698.2662
Forward-Looking Statements
This news release contains certain “forward looking statements” including, for example, statements relating to the completion of the Transaction
and Placement and the Company’s anticipated share capital. Such forward -looking statements involve risks and u ncertainties, both known and
unknown. The results or events depicted in these forward -looking statements may differ materially from actual results or events. In addition to
other factors and assumptions which may be identified herein, assumptions have be en made regarding and are implicit in, among other things:
receipt of regulatory approvals, the Company’s ability to complete the Transaction and Placement, the state of the capital markets, the ability of the
Company to successfully manage the risks inherent in pursuing business opportunities in the mineral exploration industry. An y forward-looking
statement reflects information available to the Company as of the date of this news release and, except as may be required by applicable securities
laws, the C ompany disclaims any intent or obligation to update any forward -looking statement, whether as a result of new information, future
events or results or otherwise.
Neither the Canadian Securities Exchange (the “CSE”) nor its Regulation Services Provider (as that term is defined in the policies of the CSE)
accepts responsibility for the adequacy or accuracy of this release