TORONTO / Mar 06, 2025 / Business Wire / Trigon Metals Inc. (TSX-V: TM, OTCQB: PNTZF) (“Trigon” or the “Company”) has closed a non-brokered second and final tranche (the “Second Tranche”) of its previously announced non-brokered private placement financing of common shares (the “Offering”). The Company issued 5,603,400 common shares (the “Shares”) at a price of $0.25 per Share for aggregate gross proceeds of $1,400,850 in the Second Tranche. Together with the first tranche of the Offering, the Company has issued an aggregate of 9,993,400 Shares for gross proceeds of $2,498,350.
In connection with the Second Tranche, the Company paid cash finder’s fees of $5,640 and issued 22,560 finder’s warrants (the “Finder Warrants”) to eligible finders. Each Finder Warrant entitles the holder thereof to acquire one Share at a price of $0.25 for a period of 24 months following the date hereof. The…
