TRU Provides Corporate Updates
TRU Provides Corporate Updates
Toronto, Ontario – January 5, 2023 – TRU Precious Metals Corp. (TSXV:TRU; OTCQB:TRUIF) (“TRU” or
the “Company”) announces that subject to regulatory approval, on January 5, 2023, it granted 250,000 incentive
stock options (“Options’’) to an officer of the Company in accordance with the Company’s stock option plan.
The Options have an exercise price of $0.065 per share and a 3-year term. Of these Options an aggregate of 50,000
vested immediately; 100,000 vest in 6 months from the grant date; and the remaining 100,000 vest 18 months
from the grant date.
The Company also announces that Damian Lopez has resigned from the Board of Directors to focus on his other
executive roles, including establishing Copperhead Resources Inc. Mr. Lopez has served as Lead Director of TRU
since its inception. The Board of Directors and Management thank Mr. Lopez for his many years of valuable
leadership and service to TRU and wish him the very best in his future endeavors.
About TRU Precious Metals Corp.
TRU (TSXV:TRU; OTCQB:TRUIF) is on a mission to build long-term shareholder value, through prudent natural
resource property development and transactions. TRU is exploring for gold and copper in the highly prospective
Central Newfoundland Gold Belt on its 100%-owned Golden Rose Project, originally optioned from TSX-listed
Altius Minerals. Golden Rose is a regional -scale 236 km2 land package, including a recently-discovered 20 km
district-scale structure, and an additional 45 km of strike length along the deposit -bearing Cape Ray - Valentine
Lake Shear Zone, directly between Marathon Gold’s Valentine Gold Project and Matador Mining’s Cape Ray
Gold Project. In addition, TRU has an option to acquire up to an aggregate 65% ownership interest in two claim
packages covering 33.25 km2 including a 12 km strike length along the Shear Zone within Golden Rose.
TRU is a portfolio company of Resurgent Capital Corp. (“Resurgent”), a merchant bank providing venture capital
markets advisory services and proprietary financing. Resurgent works with promising public and pre -public
micro-capitalization companies listing on Canadian stock exchanges. For more information on Resurgent and its
portfolio companies, please visit Resurgent’s website at https://www.resurgentcapital.ca/ or follow Resurgent on
LinkedIn at https://ca.linkedin.com/company/resurgent-capital-corp.
For further information about TRU, please contact:
Joel Freudman
Co-Founder & CEO
TRU Precious Metals Corp.
Phone: 1-855-760-2TRU (2878)
Email: [email protected]
To connect with TRU via social media, below are links:
https://twitter.com/corp_tru
https://www.linkedin.com/company/tru-precious-metals-corp
YouTube
https://www.youtube.com/channel/UCHghHMDQaYgS1rDHiZIeLUg/
Acknowledgement
TRU would like to thank the Government of Newfoundland and Labrador for its past financial support through
the Junior Exploration Assistance Program.
Cautionary Statements Regarding Forward-Looking Information
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 press release contains certain forward -looking statements, including those relating to regulatory approval.
These statements are based on numerous assumptions believed by manag ement to be reasonable in the
circumstances and are subject to a number of risks and uncertainties, including without limitation: challenges
executing on corporate strategy and business plans; regulatory approval processes; and those other risks described
in the Company’s continuous disclosure documents. Actual results may differ materially from results
contemplated by the forward -looking statements herein. Investors and others should carefully consider the
foregoing factors and should not place undue relia nce on such forward -looking statements. The Company does
not undertake to update any forward-looking statements herein except as required by applicable securities laws.