22:52:57 EDT Fri 30 Sep 2022
Enter Symbol
or Name

True North Gems Inc (3)
Symbol TGX
Shares Issued 31,577,353
Close 2022-08-11 C$ 0.08
Recent Sedar Documents

True North Gems LOI for Cyr-Kapiwak interest

2022-08-12 18:20 ET - Property Agreement

The TSX Venture Exchange has accepted for filing documentation in connection with a letter of intent dated June 30, 2022, between the company and Lithium One Metals Inc., whereby the company will acquire a 50-per-cent interest in the Cyr-Kapiwak claims, located in Quebec. Consideration is one million units, with the warrants exercisable into common shares at 20 cents per share for a 24-month period, and $250,000 in work commitments over a 24-month period.

The claims are subject to a 2-per-cent net smelter return (NSR) royalty, of which 1 per cent can be acquired by the company for $1-million, subject to further exchange review and acceptance.

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