Tristar Gold: Receives C$914,614 from Warrant Exercise, Fully Funded for an Aggressive Exploration Program and PFS Study
Scottsdale, Arizona–(Newsfile Corp. – July 28, 2020) – TriStar Gold Inc. (TSXV: TSG) (OTCQB: TSGZF) (the Company or TriStar) is pleased to announce the exercise of 2,613,182 common share purchase warrants (includes finders’ warrants) for proceeds of C$914,614. The warrants were issued in connection a private placement financing (see press release dated January 25, 2018) and had an exercise price of C$0.35 and an expiry date of July 24, 2020.
“This money coming in from the warrant exercise, on top of our recent financing means that TriStar is in a great position to aggressively explore at Castelo de Sonhos, as well as complete our prefeasibility study and planned permitting activities,” says Nick Appleyard, TriStar’s President and CEO.
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