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Be the first with the news that moves the market- Troilus Gold Corp. (TLG) has closed its previously-announced asset sale to Sayona Mining for 184,331,797 million shares, representing a value of $40 million
- Troilus has issued a total of 9,883,163 common shares to Sayona for gross proceeds of $4,842,749.87
- Troilus Gold Corp. is a Canadian-based junior mining company
- Troilus Gold Corp. (TLG) opened trading at C$0.55
Troilus Gold Corp. (TLG) has closed its asset sale to Sayona Mining for 184,331,797 million shares, representing a value of $40 million.
Troilus has also been granted a 2 per cent net smelter returns royalty on all mineral products from the transferred claims.
Troilus has issued a total of 9,883,163 common shares to Sayona for gross proceeds of $4,842,749.87. Sayona has been granted participation rights to maintain its equity interest so long as it maintains said interest at or above 5 per cent.
Troilus Gold Corp. is a Canadian-based junior mining company focused on the systematic advancement and de-risking of the former gold and copper Troilus Mine towards production.
Troilus Gold Corp. (TLG) opened trading at C$0.55.
