TRU Precious Metals Appoints Corporate Secretary, Collects Final Loan Repayment, and Grants Incentive Stock Options
TRU PRECIOUS METALS APPOINTS CORPORATE SECRETARY,
COLLECTS FINAL LOAN REPAYMENT,
AND GRANTS INCENTIVE STOCK OPTIONS
Fredericton, New Brunswick – May 27, 2021 – TRU Precious Metals Corp. (TSXV: TRU ; OTCQB:
TRUIF; FSE: 706) (“TRU” or the “Company”) is plea sed to announce the appointment o f Ms. Jo -Anne
Archibald as Corporate Secretary of the Company effective as of June 1, 2021 , subject to regulatory
approval by TSX Venture Exchange (“TSXV”).
Ms. Archibald has over 30 years of experience working with private and public capital market companies,
specifically in board g overnance, corporate secretarial services, investor relations, and consumer
packaged goods marketing. She is also currently the Chief Executive Officer and founder of Canadian
Corporate Board Ad visory Services (CCBAS ), and was President for eight years fro m 2011 to 2019 at
one of Canada’s largest outsourced corporate secretarial services consulting firms located in Toronto.
Ms. Archibald will be replacing Robert Harrison in this capacity, who ha s relinquished his Corporate
Secretary role to foc us exclusively on his duties as Chief Fin ancial Officer of the Company . The
Company welcomes Ms. Archibald to its expanding team.
TRU is also pleased to announce that, further to its April 30, 2021 press re lease, the Company has now
received the final repayment on its secured loan (the “Loan”) previously advanced in March 2020 to
Revive Organics Inc. (“Revive”), a private com pany operating across North America in the ready -to-eat
meals industry. The lump -sum payment of $222,667 comprised principal, interest, and fees. With this
payment, received by the Company 4 days early, the Loan has now been repaid in full by Revive. The
Company no longer has any legacy investments now that it has recovered all of its Loa n principal, plus
interest and fees, from Revive. The Company believes that this milestone evidences the merits of the
Company’s capital allocation strategy to gen erate returns for its shareholders, and is also a testament to
Revive’s creditworthiness as a borrower.
Finally, the Company also announces that, subject to TSXV approval, it has granted an aggregate of
1,480,000 incentive stock options (“Options”) to certain directors, officers, employees and consultants in
accordance with the Company ’s stock option plan. These Optio ns have an exercise price of $ 0.385 each
and a 3-year term . These Options vest immediately , with the exception of an aggregate of 550 ,000
Options granted to two investor relations firms pursuant to their respective contracts as was previously
disclosed on February 25, 2021, which Options vest in 25% tranches at each of 3-, 6-, 9-, and 12-months
post-grant. The Options granted today to such investor relations firms and to directors and officers of the
Company, and any TRU shares issued u pon exercise thereof within the next 4 months, are subject to a
TSXV hold period expiring on September 28, 2021.
About TRU Precious Metals Corp.
TRU has assembled a portfolio of 5 gold exploration properties in the highly prospective Central
Newfoundland Gold Belt. The Compan y has an option with a subsidiary of TSX -listed Altius Minerals
Corporation to purchase 100% of the Golden Rose Project, l ocated along the deposit-bearing Cape Ray –
Valentine Lake Shear Zone. TRU also owns 100% of the Twilite Gold Pro ject, located along t he same
Shear Zone, and 3 under-explored properties including its Rolling Pond Property (under option) bordering
New Found Gold Corp.’s high -grade Queensway Project. TRU’s common shares trade on the TSX
Venture Exchange under the symbol “TRU”, on the OTCQB Venture Market under the symbol “TRUIF”,
and on the Frankfurt Stock Exchange under the symbol “706”.
TRU is a portfolio company of Resurgent Capital Corp. (“Resurgent”), a merch ant bank providing
venture capital markets advisory serv ices and proprietary financing. Resurgent works with promising
public and pre-public micro-capitalization Canadian companies. For more information on Resurgent and
its portfolio companies, please visit R esurgent’s Linked In profile at
https://ca.linkedin.com/company/resurgent-capital-corp.
For further information about TRU, please contact:
Joel Freudman
Co-Founder, President & CEO
TRU Precious Metals Corp.
Phone: 1-855-760-2TRU (2878)
Email: [email protected]
Website: www.trupreciousmetals.com
To connect with TRU via social media, below are links:
https://www.facebook.com/TRU-Precious-Metals-Corp-100919195193616
https://twitter.com/corp_tru
https://www.linkedin.com/company/tru-precious-metals-corp
YouTube
https://www.youtube.com/channel/UCHghHMDQaYgS1rDHiZIeLUg/
Cautionary Statements
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of
the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
This pres s release contains certain forw ard-looking statement s, including those relating to regulatory
approvals and the impact of additions to the TRU manag ement team . These statements are based on
numerous assumptions believed by management to be reasonable in the circumstances and are subject to a
number of risks and uncertainties, including without limitation: regulatory approval processes; and those
other risks described in the Company’s continuous d isclosure documents. Actual results may differ
materially from results contemplated by t he fo rward-looking stateme nts herein. Investors and others
should carefully consider the foregoing factors and should not place undue reliance on such forward -
looking statements. The Company does not undertake to update any forward -looking statements herei n
except as required by applicable securities laws.