Troilus Gold Corp (CHXMF)

[Oleblue]

Metals Investors Forum Presentation

Weekly chart

[conix]

Chart for CHXMF

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Share Structure

Common Shares 226,637,777
Warrants 24,958,524
RSUs 14,523,728
Fully Diluted 266,120,029
https://www.troilusgold.com/investors/stock-performance/

[TradingCharts]

Good call.

[TradingCharts]

TROILUS DRILLS 1.46 G/T AUEQ OVER 30M, INCL. 2.62 G/T AUEQ OVER 11M, AND 1.36 G/T AUEQ
OVER 18M IN ZONE X22
March 30, 2023, Montreal, Quebec – Troilus Gold Corp. (“Troilus” or the “Company”, TSX: TLG; OTCQX:
CHXMF; FSE: CM5R) is pleased to report assay results from Zone X22 (“X22”) at its Troilus Project, located
in northcentral Quebec, Canada. The results herein are part of an ongoing 7,800 metre drill campaign
designed to define and expand mineralization of Zone X22, initially identified in late 2022 (see October
17, 2022, press release). Since its discovery, the strike length of this zone has expanded to 1 kilometre,
originating at the western border of the formerly mined Z87 pit and extending southwest into the Gap
Zone (see Figure 1). The X22 delineation program is nearing completion, however over 4,000 metres of
assays are pending and will be reported as they become available.
The latest results have confirmed mineral continuity between previously drilled and reported holes in this
zone, which continue to return higher than average grades over large thicknesses. All results reported
herein lie entirely outside of the PEA pit shells and will be included in the upcoming Feasibility Study.
Zone X22 Drill Intercept Highlights:
Hole X22-23-021
• Intersected 1.36 g/t AuEq over 18m and 3.62 g/t AuEq over 3 metres within a broader intersection
of 0.94 g/t AuEq over 32m, extending down-dip mineralization by 50 metres beyond previously
reported hole X22-23-024, which intersected 1.49 g/t AuEq over 34.5m (see Figure 2).
Hole X22-23-023
• Confirmed 100 metres of up-dip mineralization with at-surface intersections of 2.07 g/t AuEq over 4
metres, including 6.10 g/t AuEq over 1 metre (31- 35m downhole), demonstrating mineral continuity
from previously reported hole 87-22-446 which intersected 1.79 g/t AuEq over 8 metres, incl. 7.57
g/t over 1 metre and 4.31 g/t over 1 metre (See Figure 3).
• Intersected 2.62 g/t AuEq over 11 metres within a broader intersection of 1.46 g/t AuEq over 30m,
from 151 to 181 metres downhole, confirming an additional mineral extension by 100 metres up-dip
beyond previously reported hole 87-22-446, which intersected 1.52 g/t AuEq over 12m, incl. 10.51
g/t AuEq over 1m (see Figure 3).
Justin Reid, CEO of Troilus Gold, commented, “Drilling at X22 only began in late 2022, and results to date
have consistently attested to this shallow zone’s strong potential to positively impact the grade profile of
Troilusin early years of the mine life. Today’sresults have bridged existing gaps between previously drilled
intercepts and provide an increased level of confidence in the continuity of mineralization at higher grades
across X22. We look forward to releasing the remaining results of incoming assays in the coming weeks
and believe they will build on today’s positive results.”

https://www.sedar.com/DisplayCompanyDocuments.do?lang=EN&issuerNo=00005620

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January 26, 2023, Montreal, Quebec – Troilus Gold Corp. (“Troilus” or the “Company”) (TSX: TLG; OTCQX:
CHXMF; FRA: CM5R) reports positive assay resultsfrom the Connector Zone, a target located between the
two previously mined Z87 and J4 open pits, at its gold-copper Troilus Project in northcentral, Quebec,
Canada. The results herein are part of an ongoing 5,000-metre drill program designed to target and
expand on shallow high-grade mineralization intersected in thiszone late last year(see November 8, 2022,
press release).
The latest results further demonstrate high-grade mineral continuity extending on a north, north-west
trend between the two formerly mined pits (see Figures 1 and 2). Highlights are reported below, with
results presented in Table 1.
Connector Zone Intercept Highlights:
Hole 87-449
? 2.07 g/t AuEq over 11.2m, including 4.07 g/t AuEq over 5m
This interval is located directly at surface; the hole collared into bedrock within this high-grade
mineralized zone.
? 1.22 g/t AuEq over 10.0m, including 1.49 g/t AuEq over 6.2m
? 1.31 g/t AuEq over 6m
Hole 87-451
? 4.33 g/t AuEq over 29m, including 6.37 g/t AuEq over 18m
? 5.5 g/t AuEq over 6m
? 1.01 g/t AuEq over 49m, including 1.99 g/t AuEq over 10m
Justin Reid, CEO of Troilus Gold, commented, “The latest drill results from this new and exciting target
further demonstrate the continuity of mineralized high-grade structures between the two formerly mined
open pits. Detailed structural work completed by the geology team has greatly contributed to the
understanding and successful targeting of these high-grade trends. These shallow high-grade zones exist
within and in close proximity to the PEA pit shells and we believe they could be brought into the mine
plan to positively impact the strip ratio and project economics. In the coming months our team will
continue to focus on maximizing opportunities for discovery and delineation of high-grade near surface
targets for inclusion in our upcoming Feasibility Study, expected in the second half of 2023.

https://www.sedar.com/DisplayCompanyDocuments.do?lang=EN&issuerNo=00005620

[conix]

Just got into CHXMF...the institutional and insider ownership really cannot be wrong on this one.Just a matter of time to be very profitable from a $0.35 price.

[TradingCharts]

Troilus Gold Corp. (OTCQX: CHXMF | TSX: TLG): Virtual Investor Conferences

154 views Streamed live on Dec 7, 2022
Live stream the Troilus Gold Corp. (OTCQX: CHXMF | TSX: TLG) presentation from the December 7-8, 2022 Metals & Mining Virtual Investor Conference.

To join the event and view more presentations, please visit: https://bit.ly/3h4hpcs

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MONTREAL, Dec. 12, 2022 (GLOBE NEWSWIRE) -- Troilus Gold Corp. (TSX: TLG; OTCQX: CHXMF) (“Troilus” or the “Company”), reports that it has published its 2021 Sustainability Report (“the Report”), highlighting Environmental, Social and Governance (“ESG”) initiatives, activities, and achievements over the 2021 calendar year. The report details Troilus’ commitment to operating every facet of the company in a transparent and sustainable manner, pursuing superior corporate governance, and positively impacting our communities and the environment, while generating long-term value for its stakeholders and shareholders. Highlights are presented below, while the complete report can be found on the Company’s website at www.troilusgold.com in the Sustainability section.

Highlights of the 2021 Sustainability Report include:

https://www.juniorminingnetwork.com/junior-miner-news/press-releases/2478-tsx/tlg/132705-troilus-presents-its-2021-sustainability-report.html

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Troilus Gold Corp.
2,610 followers
2h • Edited • 2 hours ago

$TLG CEO, Justin Reid, catches up with Shad Marquitz from #KEReport to discuss Troilus’ upside for investors, including a robust resource with the potential to grow, a strong balance sheet and financial flexibility to advance the Troilus gold/copper project.

Listen to the interview here: http://bit.ly/3GTTxD0

---
Le PDG de $TLG, Justin Reid, a rejoint Shad Marquitz de #KEReport pour discuter du potentiel de hausse de Troilus pour les investisseurs, y compris une ressource solide avec un potentiel de croissance, un bilan solide et une flexibilité financière pour avancer le projet d'or/cuivre Troilus.

Écoutez l’entrevue ici : http://bit.ly/3Ujjf6F

#TSX : $TLG | #OTCQX : $CHXMF | FRA : $CM5R
#Troilus #gold #copper #exploration #goldmining #juniormining #mining

https://www.linkedin.com/feed/update/urn%3Ali%3Aactivity%3A7003120374313869312/?origin=SHARED%5FBY%5FYOUR%5FPAGES

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MANAGEMENT
https://www.troilusgold.com/company/management/

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Share Structure

Common Shares 210,511,685
Options 250,000
Warrants 24,958,524
RSUs 14,336,657
Fully Diluted 250,056,866

https://www.troilusgold.com/investors/stock-performance/

[TradingCharts]

Advancing Quebec's Next Gold Producer - A New Life for a Former Gold and Copper Operatio 190 views Mar 13, 2019

2,037 views Mar 13, 2019
Advancing Quebec's Next Gold Producer - A New Life for a Former Gold and Copper Operation

Troilus is a Toronto-based, Quebec focused, advanced stage exploration and early-development company focused on the mineral expansion and potential mine re-start of the former gold and copper Troilus mine. The 16,000-hectare Troilus property is located Northeast of the Val-d’Or district, within the Frotêt-Evans Greenstone Belt in Quebec, Canada. From 1997 to 2010, Inmet Mining Corporation operated the Troilus project as an open-pit mine, producing more than 2,000,000 ounces of gold and nearly 70,000 tonnes of copper.

Troilus Gold Corp. is listed on the Toronto Stock Exchange, under the ticker TLG, and on the OTCQB Venture Market, under the ticker CHXMF.

For more information, please visit our website at https://www.troilusgold.com/

[TradingCharts]

In this InvestorIntel interview, host Tracy Weslosky talks to Troilus Gold Corp.’s (TSX: TLG | OTCQX: CHXMF) CEO and Director Justin Reid about their recent assay results which are among the "thickest and most continuous high grades" of gold mineralization identified at the Troilus Project in Quebec to date.

Justin starts, "Over the last four years we've drilled 250,000 meters and we've had lots of great results. We have identified over 8 million ounces of gold and growing, but these results are different." He goes on to say that the significantly higher grades identified at the new zone are expected to have a huge impact on the economics of the Troilus Project, thus making "a good deposit potentially great." Driven by the recent positive developments at the Project, Justin explains why the management decided to focus its engineering efforts towards a feasibility study rather than the previously anticipated pre-feasibility study plan of action.
164 views Oct 31, 2022

[TradingCharts]

Live stream the Troilus Gold Corp. (OTCQX: CHXMF | TSX: TLG) presentation from our October 18-20, 2022 Battery & Precious Metals Virtual Investor Conference
490 views Streamed live on Oct 18, 2022

[TradingCharts]

Welcome to Troilus Gold
Troilus Gold Corp. is a Canadian based junior mining company focused on the systematic advancement and de-risking of the past-producing gold and copper Troilus Project towards production. Troilus is located in the top rated mining jurisdiction of Quebec, Canada, where it holds a strategic land position of 1,420 km² in the Frôtet-Evans Greenstone Belt. Since acquiring the project in 2017, ongoing exploration success has demonstrated the tremendous scale potential of the gold system on the property with a 142% increase to estimated Indicated mineral resources and a 350% increase to estimated Inferred resources (view results HERE). The Company is advancing engineering studies following the completion of a robust Preliminary Economic Assessment (“PEA”) in 2020 (view PEA results HERE), which demonstrated the potential for the Troilus project to become a top-ranked gold and copper producing asset in Canada. Led by an experienced team with a track-record of successful mine development, Troilus is positioned to become a cornerstone project in North America.

https://www.troilusgold.com/

[TradingCharts]

Troilus Announces Sale of Select Properties to Emerging Lithium Producer Sayona Mining Ltd. for C$40 Million, Retains 2% NSR Royalty; Additional C$4.8 Million Private Placement Investment
November 16, 2022 08:37 ET | Source: Troilus Gold Corp.


https://www.globenewswire.com/news-release/2022/11/16/2557221/0/en/Troilus-Announces-Sale-of-Select-Properties-to-Emerging-Lithium-Producer-Sayona-Mining-Ltd-for-C-40-Million-Retains-2-NSR-Royalty-Additional-C-4-8-Million-Private-Placement-Investm.html

[Alexulf]

Gold And Silver Entering Epic Once In A Lifetime Move, GLD Record Inflows Interview Lior Gantz

[Alexulf]

The Importance Of Doing Due Diligence;

https://www.bing.com/search?q=troilus+gold+co...DC1B56A841

And reviews;

https://www.bing.com/search?q=troilus+gold+co...E36E17E1EC

[Alexulf]

Corporate Strength;

Clean capital structure; well-capitalized; no debt

Strong leadership team with a track record of successful mine development and operations, and an experienced capital markets team with a proven ability to raise capital

Strong institutional shareholder base comprised of major global resource funds + management shareholdings increase; CEO added last Thursday, see filings.

Within 60 days 3 major catalysts; 1. Updated resource 2. New PEA 3. FED raise rates in March - benefits precious metals.

[Alexulf]

Troilus Gold 3 catalysts within Q 1 :

Corporate Strength;

Clean capital structure; well-capitalized; no debt

Strong leadership team with a track record of successful mine development and operations, and an experienced capital markets team with a proven ability to raise capital

Strong institutional shareholder base comprised of major global resource funds + management shareholdings increase; CEO added last Thursday, see filings.

Within 60 days 3 major catalysts; 1. Updated resource 2. New PEA 3. FED raise rates in March - benefits precious metals.

[Alexulf]

2022 Gold Price - Something BIG is Coming

Troilus Gold AND Euro Sun Mining Both With Big Catalyst Q1

Website; https://www.troilusgold.com/ (see the board)

AND

https://eurosunmining.com/ (see the board)

[Alexulf]

Troilus Gold Big Catalyst Q1

Current Shareprice; 0,71 - Target Price 2022; Low 3 dollars, High 4 dollars

Website; https://www.troilusgold.com/

Upcoming NEW RESOURCE!

CEO + management high shareholdings; CEO buy more 1 week ago
Institutional and government shareholders.

[Golden Cross]

Nice!

[conix]

TROILUS FILES POSITIVE PRELIMINARY ECONOMIC ASSESSMENT

TECHNICAL REPORT FOR THE TROILUS GOLD PROJECT

October 15, 2020, Toronto, Ontario – Troilus Gold Corp. (TSX: TLG) (OTCQB: CHXMF) (“Troilus” or the “Company”) reports that it has filed the technical report supporting the Preliminary Economic Assessment (“PEA”) for the Company’s 100%-owned Troilus Gold Project, located within the Frôtet-Evans Greenstone Belt of northern Quebec (the “Technical Report”). The Technical Report, titled “Preliminary Economic Assessment of the Troilus Gold Project, Quebec, Canada” dated October 14, 2020 (the mineral resource has an effective date of July 20, 2020 and the PEA has an effective date of August 31, 2020) was prepared by Gordon Zurowski, P. Eng. Principal Mining Engineer, AGP Mining Consultants Inc. (“AGP”), Paul Daigle, P. Geo, Senior Associate Geologist, AGP and Mr. Andy Holloway, P. Eng. Principal Processing Engineer, AGP.

The positive PEA, announced August 31, 2020, demonstrates the potential for Troilus to rank among the top gold producing assets in Canada.

Troilus Gold Project PEA Highlights (all results are reported in U.S. Dollars*):

After-tax IRR of 22.9% and NPV5% of $576 million based on $1,475/oz gold, increasing to 32.2% and $915 million at $1,750/oz gold
Projected average annual gold production of 220,000 oz for the first 5 years and 246,000 oz for the first 14 years
Open pit mine life of 14 years and total mine life of 22 years with future underground development
Initial capital of (“CAPEX”) of $333 million, including all mine pre-production costs, net of existing infrastructure (access road, power line, tailings facility, substation, camp, water treatment plant)
After-tax payback of 4.0 years at base case $1,475/oz gold
Average cash operating costs of $919/oz gold and all-in sustaining costs of $1,051/oz gold
Cumulative cashflow of $1.27 billion after tax and $2.04 billion pre-tax over 22 years on base case assumptions
Payable Gold of 3.8 million ounces, payable Copper of 265 million lbs and payable Silver of 1.5 million ounces
Average strip ratio for the open pit life of the mine estimated at 3.9:1

*Assuming a US$:C$ exchange of $0.74. All figures reported in US$ unless stated otherwise

The Technical Report can be found on the Company’s website at www.troilusgold.com and under the Company’s profile on SEDAR at www.sedar.com.

Qualified Person

Mr. Gordon Zurowski, P. Eng. Principal Mining Engineer, AGP Consultants, who is an independent Qualified Person as defined under NI 43-101, has reviewed and approved the technical information pertaining to the PEA disclosed in this press release.

Non-IFRS Financial Measures

The Company has included certain non-IFRS financial measures in this news release, such as Initial Capital Cost, Cash Operating Costs ,Total Cash Cost, All-In Sustaining Cost, Expansion Capital and Capital Intensity, which are not measures recognized under IFRS and do not have a standardized meaning prescribed by IFRS. As a result, these measures may not be comparable to similar measures reported by other corporations. Each of these measures used are intended to provide additional information to the user and should not be considered in isolation or as a substitute for measures prepared in accordance with IFRS.

Non-IFRS financial measures used in this news release and common to the gold mining industry are defined below.

Total Cash Costs and Total Cash Costs per Ounce

Total Cash Costs are reflective of the cost of production. Total Cash Costs reported in the PEA include mining costs, processing & water treatment costs, general and administrative costs of the mine, off-site costs, refining costs, transportation costs and royalties. Total Cash Costs per Ounce is calculated as Total Cash Costs divided by payable gold ounces.

All-in Sustaining Costs (“AISC”) and AISC per Ounce

AISC is reflective of all of the expenditures that are required to produce an ounce of gold from operations. AISC reported in the PEAS includes total cash costs, sustaining capital, expansion capital and closure costs, but excludes corporate general and administrative costs and salvage. AISC per Ounce is calculated as AISC divided by payable gold ounces.

About Troilus Gold Corp.

Troilus is a Toronto-based, Quebec focused, advanced stage exploration and early-development company focused on the mineral expansion and potential mine re-start of the former gold and copper Troilus mine. The 107,326 hectare Troilus property is located within the Frotêt-Evans Greenstone Belt in Quebec, Canada. From 1996 to 2010, Inmet Mining Corporation operated the Troilus project as an open pit mine, producing more than 2,000,000 ounces of gold and nearly 70,000 tonnes of copper

[conix]

TROILUS CLOSES PRIVATE PLACEMENT OF FLOW-THROUGH SHARES AND COMMON SHARES FOR TOTAL PROCEEDS OF C$12,832,683

Not for distribution to United States newswire services or for dissemination in the United States

February 28, 2020, Toronto, Ontario – Troilus Gold Corp. (TSX: TLG; OTCQB: CHXMF) (“Troilus” or the “Company”) is pleased to announce that it has closed its previously announced non-brokered private placement of an aggregate of 6,449,188 common shares of the Company that will qualify as “flow-through shares” (within the meaning of subsection 66(15) of the Income Tax Act (Canada) (the “Tax Act”) (collectively, the “Flow-Through Shares“).

The Flow-Through Shares were issued in three tranches as follows:

Tranche 1: 2,000,000 Flow-Through Shares issued to investors resident in the Province of Québec at an issue price of C$1.00 per Flow-Through Share for aggregate gross proceeds of C$2,000,000 (the “T1 Offering”);

Tranche 2: 2,070,617 Flow-Through Shares issued to investors resident in the Province of Québec at an issue price of C$0.81 per Flow-Through Share for aggregate gross proceeds of C$1,677,200 (the “T2 Offering”); and

Tranche 3: 2,378,571 Flow-Through Shares issued to investors resident outside of the Province of Québec at an issue price of C$0.77 per Flow-Through Share for aggregate gross proceeds of C$1,831,500 (the “T3 Offering” and, collectively with the T1 Offering and the T2 Offering, the “Flow-Through Offering”).

The Flow-Through Shares issued in connection with the T1 Offering and the T2 Offering also qualify as “flow-through shares” within the meaning of section 359.1 of the Taxation Act (Québec).

The Company is also pleased to announce that it has closed its previously announced non-brokered private placement of an aggregate of 11,267,667 common shares of the Company (the “Offered Shares”) which were issued at a price of C$0.65 per Offered Share for aggregate gross proceeds of C$7,323,983 (the “Common Share Offering”).

The aggregate gross proceeds raised pursuant to the Flow-Through Offering and the Common Share Offering (collectively, the “Offering”) total C$12,832,683.

The gross proceeds from the issue and sale of the Flow-Through Shares will be used by the Company to incur eligible “Canadian exploration expenses”, within the meaning of the Tax Act, that will qualify as “flow-through mining expenditures” as defined in the Tax Act (the “Qualifying Expenditures”) related to the Company's Troilus gold project located within the Frotêt-Evans Greenstone Belt in Québec, on or before December 31, 2021. The Company will renounce the Qualifying Expenditures to the subscribers of the Flow-Through Shares with an effective date of no later than December 31, 2020.

The Company intends to use the net proceeds of the Common Share Offering to continue exploration and definition drilling at its Troilus gold project, and for general corporate purposes.

The Offering remains subject to final approval of the Toronto Stock Exchange (“TSX”). The Flow-Through Shares and Offered Shares issued under the Offering are subject to a hold period in Canada expiring four months and one day from the closing date of the Offering.

In connection with the Offering, the Company has paid financial advisory fees to Cormark Securities Inc., Stifel GMP, Canaccord Genuity Corp., Haywood Securities Inc., Laurentian Bank Securities Inc. and Red Cloud Securities Inc.. In addition, in connection with the Offering, the Company has paid finder’s fees in respect of certain subscriptions to Tamesis Partners LLP and other finders.

The securities offered have not been, nor will they be, registered under the U.S. Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements. This news release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in any State in which such offer, solicitation or sale would be unlawful.

About Troilus Gold Corp.

Troilus is a Toronto-based, Quebec focused, advanced stage exploration and early-development company focused on the mineral expansion and potential mine re-start of the former gold and copper Troilus mine. The 16,000-hectare Troilus property is located northeast of Chibougamau within the Frotêt-Evans Greenstone Belt in Quebec, Canada. From 1996 to 2010, Inmet Mining Corporation operated the Troilus project as an open pit mine, producing more than 2,000,000 ounces of gold and nearly 70,000 tonnes of copper.

[Golden Cross]

CHXMF Daily Chart

[Golden Cross]

News out -- Troilus Announces Intention to Complete up to C$6,000,000 Non-Brokered Private Placement of Flow-Through Shares
Press Release | 09/26/2019
Not for distribution to United States newswire services or for dissemination in the United States

TORONTO, Sept. 26, 2019 (GLOBE NEWSWIRE) -- Troilus Gold Corp. (TSX: TLG; OTCQB: CHXMF) (“Troilus” or the “Company”) is pleased to announce that it has entered into subscription agreements with funds managed by each of Sprott Asset Management LP (“Sprott”), Goodman & Company, Investment Counsel Inc (“Goodman & Company”) and Middlefield Group (“Middlefield”) in connection with a non-brokered private placement financing (the “Offering”) of an aggregate of up to 6,813,900 common shares of the Company that will qualify as “flow-through shares” (within the meaning of subsection 66(15) of the Income Tax Act (Canada) (the “Tax Act”) and, in relation to FT Tranche Two (as defined herein), also qualify as “flow-through shares” within the meaning of section 359.1 of the Taxation Act (Québec)) (collectively, the “Flow-Through Shares”). The funds managed by each of Sprott, Goodman & Company and Middlefield will be participating in FT Tranche One (as defined herein).
The Flow-Through Shares will be issued in two tranches:

Tranche 1 will consist of an aggregate of 5,813,900 Flow-Through Shares to be issued to funds managed by each of Sprott, Goodman & Company and Middlefield (each resident outside of the Province of Québec) at a price of C$0.86 per share for aggregate gross proceeds of approximately C$5 million (“FT Tranche One”); and

Tranche 2 will consist of an aggregate of up to 1,000,000 Flow-Through Shares to be issued to investors resident in the Province of Québec at a price of C$1.00 per share for aggregate gross proceeds of up to C$1 million (“FT Tranche Two”).
The gross proceeds from the issue and sale of the Flow-Through Shares will be used by the Company to incur eligible “Canadian exploration expenses”, within the meaning of the Tax Act, that will qualify as “flow-through mining expenditures” as defined in subsection 127(9) of the Tax Act (the “Qualifying Expenditures”) related to the Company's Troilus gold and copper project located within the Frotêt-Evans Greenstone Belt in Québec, after the closing date of the Offering and prior to December 31, 2020. The Company will renounce the Qualifying Expenditures so incurred to the purchasers of the Flow-Through Shares with an effective date of no later than December 31, 2019.

The Offering is expected to close on or about October 7, 2019 and is subject to certain conditions including, but not limited to, the receipt of all necessary approvals including the approval of the Toronto Stock Exchange. The Flow-Through Shares to be issued under the Offering will be subject to a hold period in Canada expiring four months and one day from the closing date of the Offering.

In connection with the Offering, GMP Securities L.P., Cormark Securities Inc., Canaccord Genuity Corp., and Haywood Securities Inc. have acted as financial advisors to the Company for which an aggregate cash fee equal to 1.5% of the gross proceeds of the Offering will be paid by the Company.

The securities offered have not been, nor will they be, registered under the U.S. Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements. This news release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in any State in which such offer, solicitation or sale would be unlawful.

About Troilus Gold Corp.

Troilus is a Toronto-based, Quebec focused, advanced stage exploration and early-development company focused on the mineral expansion and potential mine re-start of the former gold and copper Troilus mine. The 16,000-hectare Troilus property is located northeast of the Val-d’Or district, within the Frotêt-Evans Greenstone Belt in Quebec, Canada. From 1996 to 2010, Inmet Mining Corporation operated the Troilus project as an open pit mine, producing more than 2,000,000 ounces of gold and nearly 70,000 tonnes of copper.

For more information:

Spyros Karellas
Director, Global Communications
[phone]
[e-mail]

[conix]

Gold prices are up. But the only thing that will kickstart Troilus and many other junior mining companies is interest from the larger companies.

[g4gold]

market was not impressed.

[conix]

Really good news today on extended mineralization.

[g4gold]

New life for an old mine.

insert-text-here

[g4gold]

Anybody home?

[conix]

New Corporate Video posted on Troilus Gold

https://www.troilusgold.com/

[conix]

CHXMF Chart

[Renee]

Pitchblack Resources Ltd. changed to Troilus Gold Corp. and a one for 4 reverse split:

http://otce.finra.org/DLSymbolNameChanges

[Renee]

CHXMF one for 10 reverse split:

http://otce.finra.org/DLSymbolNameChanges

[Pro-Life]

Ugly everywhere... no exceptions here.

[Pro-Life]

For the week: -16.67%

[Pro-Life]

0.00% (even) is the scorecard for the week...

[Pro-Life]

Good for you... Reviewing the week: -16.92%...

[crossbow]

I was thinking about buying the stock, but I couldn't find any current info out there. No web site, so I didn't buy blind.

[Pro-Life]

These folks left me behind when they did not fix what I think is badly broken... the website is completely non functional and no news forthcoming. Bad news in my book.

[crossbow]

Unusual that stockholders are left out of good news or any news!

[Pro-Life]

Makes me feel left behind!!! LOL!

[crossbow]

Looks like that there is some buying for an unknown reason. But it's good for shareholders. Who knows why?

[Pro-Life]

My friends, WTH, for the week: +17%???!!!

[crossbow]

The private placement was a sweetheart deal at .165 per unit. A unit consists of one share of common stock and a warrant to buy another share of common stock at .22 per share before October 29, 2012. The terms were very favorable to those who participated. It brought in $2 million. The warrants will bring in more than that, but they will dilute the current common stockholders share in the company.

[Pro-Life]

Don't have any more info than others... the website is still not working either.

[crossbow]

PITCHBLACK is up to something, they just don't want to tell anyone. I couldn't find any mention of the PR below on this site, so I posted it. I could be wrong. It wouldn't be the first time:





Announced 11/1/10
2.00M for Pitchblack Resources Ltd.
Private Placement
Pitchblack Resources Ltd. (TSXV: PIT) announced a non-brokered private placement of 12,121,212 units at CAD 0.165 per unit for gross proceeds of CAD 2,000,000 on November 1, 2010. Each unit consisted of one common share and one common share purchase warrant. Each warrant entitles the holder to acquire one common share at CAD 0.22 until October 29, 2012. The company issued certain finders a total of 629,472 finders' warrants to acquire 629,472 units of the company in ... connection with the financing. The securities issued are subject to a hold period that expires on March 1, 2011.
Collapse Detail



PIT's price was unchanged after the transaction was announced on 11/1/10.