TRU Grants Option to Acquire 80% Ownership of TRU’s Golden Rose Project
TORONTO, ON / ACCESSWIRE / July 30, 2024 / TRU Precious Metals Corp. (TSXV:TRU)(OTCQB:TRUIF)(FSE:706) (“ TRU ” or the “ Company “) is pleased to announce that it has signed a definitive earn-in agreement (the “ Option Agreement “) with Eldorado Gold Corporation (TSX:ELD),(NYSE:EGO) (“ Eldorado “), effective July 29, 2024, pursuant to which Eldorado has been granted the exclusive option (the “ Option “) to earn an 80% ownership interest in TRU’s Golden Rose Project (as defined below), strategically located along the gold deposit-bearing Cape Ray – Valentine Lake Shear Zone in Central Newfoundland (see Figure 1). All figures are in Canadian dollars, unless otherwise stated.
TRU Co-Founder and CEO Joel Freudman commented: “We are thrilled to partner with Eldorado to advance the Golden Rose Project, which we consider a strong endorsement of the work completed since…
