TRU Precious Metals Corp.

TRU

CA89778V1040

Gold

Market Closed - Toronto S.E. Other stock markets 11:20:19 2024-04-26 am EDT			5-day change	1st Jan Change
0.03 ^CAD	0.00%		-14.29%	-14.29%

Apr. 18	TRU Precious Metals Corp. Plans Critical Minerals Summer Exploration Program At Golden Rose Project	CI
Apr. 11	Tranche Update on TRU Precious Metals Corp.'s Equity Buyback Plan announced on December 7, 2023.	CI

TRU Precious Metals CEO unveils bold share buyback plan and reveals exciting high-grade gold prospects

December 07, 2023 at 01:32 pm EST

(via NewsDirect)

TRU Precious Metals CEO Joel Freudman joined Steve Darling from Proactive to share news the company has recently announced a normal course issuer bid to repurchase up to 10% of its publicly-held shares, amounting to approximately 9.7 million shares.

This strategic move is driven by the belief that market conditions undervalue the company.

Uniquely, TRU Precious Metals has imposed fiscal discipline, capping expenditures for the share buyback. The CEO emphasizes managing cash efficiently while seizing opportunities to acquire shares when deemed advantageous.

This initiative aims to safeguard the treasury, eliminate selling pressures, and consolidate ownership among long-term core shareholders.

Friedman underscores the company's confidence in its prospects, citing recent high-grade copper and medium-grade gold assay results from the Golden Rose project.

The positive outlook is reinforced by strategic investments and share purchases by core shareholders, reflecting their belief in TRU Precious Metals' value and strategic direction.

Looking ahead to 2024, the company anticipates a busy year with planned exploration and drilling programs, buoyed by favorable market conditions and record-high gold prices.

Contact Details

Proactive Investors Canada

+1 604-688-8158

na-editorial@proactiveinvestors.com

Latest news about TRU Precious Metals Corp.

TRU Precious Metals Corp. Plans Critical Minerals Summer Exploration Program At Golden Rose Project	Apr. 18	CI
Tranche Update on TRU Precious Metals Corp.'s Equity Buyback Plan announced on December 7, 2023.	Apr. 11	CI
TRU Precious Metals Corp. Reports Earnings Results for the Full Year Ended December 31, 2023	Apr. 11	CI
TRU Precious Metals Corp. Appoints Steven Agnew to Board of Directors	Apr. 09	CI
TRU Precious Metals Corp. announces an Equity Buyback for 9,668,743 shares.	Dec. 07	CI
TRU Precious Metals Corp. authorizes a Buyback Plan.	Dec. 06	CI
TRU Precious Metals Corp. Announces Further Copper and Gold Assays from Fall 2023 Prospecting at Golden Rose, Including 7.6% Cu and 3.1 a/t Au	Dec. 05	CI
TRU Precious Metals Seeks Acquisitions	Nov. 02	CI
TRU Precious Metals Corp. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023	Oct. 31	CI
TRU Precious Metals Corp. Extends High-Grade Gold Channel Sampling Results at Golden Rose, Including 14.6 g/t Au over 0.5 M and 5.7 G/T Au over 0.5 M	23-09-19	CI
TRU Precious Metals Corp. Announces Board Changes	23-09-06	CI
TRU Precious Metals Corp. announced that it has received CAD 3 million in funding from Ormonde Mining plc	23-09-04	CI
TRU Precious Metals Corp. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023	23-08-18	CI
TRU Precious Metals Corp. announced that it expects to receive CAD 3 million in funding from Ormonde Mining plc	23-06-29	CI
Tru Reports on Trenching Progress At Mark's Pond High-Grade Gold Target At Golden Rose Project	23-06-07	CI
TRU Precious Metals Corp. Reports Earnings Results for the First Quarter Ended March 31, 2023	23-05-18	CI
TRU Precious Metals Corp. Commences Exploration Field Season at Golden Rose Project	23-05-17	CI
TRU Precious Metals Corp. announced that it has received CAD 0.5285 million in funding	23-05-02	CI
TRU Precious Metals Corp. announced that it expects to receive CAD 0.5 million in funding	23-04-19	CI
TRU Precious Metals Corp. Reports Earnings Results for the Full Year Ended December 31, 2022	23-04-12	CI
TRU Precious Metals Corp. Auditor Raises 'Going Concern' Doubt	23-04-11	CI
Altius Minerals Offers Q1 Project Generation Update	23-04-11	MT
Altius Minerals Brief: Providing 1st Quarter 2023 Project Generation Update	23-04-11	MT
TRU Precious Metals Corp. Prioritizes Top Gold and Copper Targets for Second Quarter Exploration Program at Golden Rose Project	23-03-16	CI
TRU Precious Metals Corp. Announces Executive Changes	23-02-09	CI

Chart TRU Precious Metals Corp.

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Company Profile

TRU Precious Metals Corp. is a Canada-based company, which is engaged in natural resource property development and transactions. The Company is exploring for gold and copper in the highly prospective Central Newfoundland Gold Belt on its 100%-owned Golden Rose Project. Golden Rose is a regional-scale 264.25 square kilometers (km2) land package, including 45 kilometers (km) of strike length along the deposit-bearing Cape Ray-Valentine Lake Shear Zone, between Marathon Goldâs Valentine Gold Project and Matador Miningâs Cape Ray Gold Project. In addition, the Company has an option to acquire up to an aggregate 65% ownership interest in two claim packages covering 33.25 km2, including a 12 km strike length along the Shear Zone within Golden Rose.

Sector

Gold

Calendar

2024-05-14 - Q1 2024 Earnings Release (Projected)

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