TRU Precious Metals Corp. (TSXV:TRU) entered into an asset purchase agreement to acquire A Mineral License Contiguous with Golden Rose Project in Central Newfoundland Gold Belt for CAD 0.05 million on November 15, 2021. Pursuant to the Purchase Agreement, TRU Precious Metals Corp. will pay the consideration as CAD 25,000 in cash and 135,000 common shares in the capital of TRU at a deemed price of CAD 0.16 per common share. All such common shares of TRU are subject to a hold period expiring four months and one day from December 15, 2021. TRU has also granted the vendor a 2.0% net smelter returns royalty from any future mineral production on the Purchased Assets, of which 1.0% can be repurchased by TRU for CAD 1,000,000. The acquisition of the Purchased Assets remains subject to customary conditions. The transaction is expected to be completed as soon as is practicable based on governmental claims transfer processing times and remains subject to regulatory approval by the TSX Venture Exchange. TRU Precious Metals Corp. (TSXV:TRU) completed the acquisition of A Mineral License Contiguous with Golden Rose Project in Central Newfoundland Gold Belt on December 16, 2021.