on TRU Precious Metals Corp. (isin : CA89778V1040)
TRU Precious Metals Receives Shareholder and TSXV Approval for Golden Rose Option Agreement with Eldorado Gold
TRU Precious Metals Corp. (TSXV:TRU)(OTCQB:TRUIF)(FSE:706) has announced the approval from both shareholders and the TSX Venture Exchange for its definitive earn-in agreement with Eldorado Gold Corporation (TSX:ELD)(NYSE:EGO). This agreement grants Eldorado the exclusive option to earn an 80% ownership stake in TRU's Golden Rose Project, located in Central Newfoundland.
The closing of this agreement is contingent on TRU obtaining a drilling permit from Newfoundland’s Mineral Lands Division. The application for this permit is currently under review and is expected to be issued within August.
The detailed terms of the agreement are outlined in TRU's July 30, 2024, press release, and a copy will be available on TRU's SEDAR+ profile. TRU remains focused on exploring and developing its Golden Rose Project, a significant land package in the Central Newfoundland Gold Belt.
R. P.
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