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And your evidence for this assertion is?
Hey Jaime. Wholeheartedly agree with you. Innocent until proven Guilty.
Lot of circumstances can be called into question but no evidence in that calls for a hanging.
Behind Mr. Reid and look forward to him righting the wrongs and moving on up.
Thank you Jaime for your straight forward communication.
Thanks very much Acespades. I was happy to take them off your hands. Glad you made 20 percent off of them.
Lowman. Think you are spot on. See you tomorrow. Mr Reid is not having an AGM, bringing SHAREHOLDERS with skin in the game, coming from all corners of the country to give bad news. Looking forward to KMAG up listing.
Chat. Current weather for the 27th shows sunny with some clouds and a temp of 30 degrees. We are ok.
We shall see within a week - stay tuned.
The 27th will be interesting in what FACTS and EVIDENCE is revealed.
Don't know which Sheraton you called but many of us have reserved rooms no problem yesterday or today.
Try again.
Failure maybe for some but not us longs. Stay tuned for Breaking News - you never know when it will come.
Broadridge sends to your broker, the broker can send 3 different ways to you. No point in calling broadridge, call your broker.
More proof shorty is now in a corner and the games begin!!
Jeff not Jess will be answering. .....
Jess will definitely be answering questions and providing a lot of the pieces to the puzzle. Only shareholders will be in attendance - not that many shareholders use iHub, but we do check in from time to time.
Make that 11,900 hotels in NYC
Are you a shareholder? Only Shareholders allowed with Invite in hand.
To clarify - there are 20 rooms put aside by the hotel at a reduced rate they gave to KMAG. First come first served. The hotel has about a 600 or 700 rooms. Aside from the Sheraton there are 1190 hotels in NYC. Perhaps 50 + around Times Square and within walking distance of the Sheraton.
Got it. Didn't see the post you were referring to.
Why would we TRII shareholders be getting proxies for a separate and independent, stand alone business that has nothing to do with KMAG except for the same CEO?
Market closed today for holiday
Jaime.
Nice to see you back. Hang in there and don't take the opinions from the other side too seriously.
KMAG rising like Phoenix from the ashes. Our day will come. Be well.
No worries. Movin on up!!
KMAG rising like Phoenix from the Ashes.
Patience has Paid off for all with skin in the game.
Thank you for your perseverance Mr. Reid.
Thanks DJKnows - very impressive list of TRII assets. Thanks for listing. Even more impressive list of high ranking companies involved with TRII.
100 percent behind Mr. Reid. TRII rising! Really looking forward to the Golder.
Hey BAM. I'm also invested in both KMAG and TRII and have not been scammed.
2015 will be one for the record books. Patience gets the justice and returns.
KMAG Rising. TRII about to go ballistic.
Wrong again. He hired a PR firm. FACT
Thank you Utamaro for your wisdom
The countries that KMAG has patents in are easily available. Takes a little due diligence but they are there.
Smart Man BOS - advice we should all take - no need to justify when it has already been documented.
Well said Turn -
Why am I thanking our CEO - try this for starters.
Yes Jedi - Moronic and consistent. Heads up and we move forward.
Thank you JDR!!!
8K Released - Thank you JDR
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=10147512
Current Report Filing (8-k)
Date : 08/13/2014 @ 6:01AM
Source : Edgar (US Regulatory)
Stock : Trio Resources, Inc. (QB) (TRII)
Quote : 0.03 0.0 (0.00%) @ 5:32AM
Current Report Filing (8-k)
PrintAlert
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): August 7, 2014
TRIO RESOURCES, INC.
(Exact name of registrant as specified in its charter)
Nevada 333-178472 99-0369568
(State or other jurisdiction
of incorporation)
(Commission
File Number) (IRS Employer
Identification No.)
100 King Street West, Suite 5600
Toronto, Ontario M5X 1C9
(Address of principal executive offices) (Zip Code)
Registrant’s telephone number, including area code: (416) 409-2802
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions ( see General Instruction A.2. below):
[ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a -12)
[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d -2(b))
[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e -4(c))
Item 3.02. Unregistered Sales of Equity Securities.
On August 7, 2014, Trio Resources, Inc. (the “Company”) closed its private placement offering (the “Offering”) with certain accredited investors for 27,250,000 shares (the “Shares”) of the Company’s common stock, no par value per share (the “Common Stock”) at an offering price of $0.02 per Share for gross proceeds of $545,000. The Offering was conducted without an underwriter or placement agent. The Shares are exempt from the registration requirements of the Securities Act of 1933, as amended (the “Securities Act”), pursuant to Rule 506(b) of Regulation D promulgated under Section 4(a)(2) of the Securities Act because, among other things, the transaction did not involve a public offering, the investors are accredited investors, the investors took the Shares for investment and not resale and the Company took appropriate measures to restrict the transfer of the Shares.
The Company’s press release dated August 13, 2014 announcing the closing of the Offering is filed as Exhibit 99.1 to this Current Report on Form 8-k, and the relevant information contained therein is incorporated herein by reference.
Item 9.01. Exhibits.
(d) Exhibits
99.1 Press Release, dated August 13, 2014, issued by the Company
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
TRIO RESOURCES, INC.
Date: August 13, 2014 By: /s/ J. Duncan Reid
Name: J. Duncan Reid
Title: Chief Executive Officer
August 13, 2014 09:00 EST
Trio Resources, Inc. Closes Private Placement Offering of Restricted Securities for Gross Proceeds of $545,000.00
TORONTO, ONTARIO—(MarketWired – August 13, 2014) — Trio Resources, Inc. (“Trio” or the “Company”) (OTCBB: TRII) announced today the completion of its private placement offering (the “Offering”) of its common stock to certain accredited investors. The Offering generated gross proceeds of $545,000.00 through the issuance of restricted shares in the Company. Management intends for the proceeds of the Offering to enable the Company to proceed with the execution of its business plan. Specifically, management expects funds to be used toward facilitating the commissioning of its milling facility and toward the completion of a resource valuation that will establish an asset value on a portion of the Company’s mineralized material stockpiles.
The Company intends to continue to work toward the completion of its milling facility with the expectation to realize positive cash flows on a consistent basis. The completion of the resource valuation will establish a demonstrable basis of the Company’s assets, which we expect will allow us access to further funding and development opportunities.
About Trio Resources, Inc.
Trio Resources, Inc. is an exploration and small-scale processing company which plans to focus on the exploration and milling of mineralized materials located in historically prolific regions. Trio is organized to hold assets in the mining industry, targeting older mining camps with residual value. Trio’s intention is to conduct an exploration program, in conjunction with milling initiatives to monetize its existing above-ground mineralized material on-site, with the purpose of being cash-flow positive primarily through milling and marketing mineralized material and concentrate to refiners. For more information, please visit http://www.trioresources.com/.
Cautionary Note Regarding Forward-Looking Statements:
Except for the statements of historical fact contained herein, certain information presented constitutes “forward-looking statements” within the meaning of the United States Private Securities Litigation Reform Act of 1995. Such forward-looking statements, including but not limited to, those with respect to potential expansion of mineralization, potential size of mineralized stockpiles, and size and timing of exploration and development programs, estimated project capital and other project costs and the timing of submission and receipt and availability of regulatory approvals involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievement of Trio to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. These risks and uncertainties include, but are not limited to, the factors described in our Report on Form 10-K filed with the SEC on December 30, 2013, including the section captioned “Risk Factors” therein. Given these uncertainties, you should not place undue reliance on these forward-looking statements. The forward-looking statements set forth herein reflect our estimates and assumptions only as of the date of this press release and are subject to change after such date. Except as required by law, we assume no obligation to update any forward-looking statements publicly, or to update the reasons actual results could differ materially from those anticipated in any forward-looking statements, even if new information becomes available in the future. The forward-looking statements contained in this press release are expressly qualified by this cautionary statement.
Contact Information
Trio Resources, Inc.
Toll-Free: 855.321.TRIO855.321.TRIO (8746)
Fax: 855.321.4335
www.trioresources.com
Trio Resources, Inc. (USOTC:TRII)
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Pro-Life - really appreciate the recap of what TRIO has going for it - VERY USEFUL INFORMATION!
A must read and re-read for all shareholders, stakeholders and those interested in learning more about this unique operation.
We have a brilliant CEO and Ace team here with this operation.
Thanks for posting all this DD.
Excellent post and analysis Gate. We'll done and thanks for reminder of all that KMAG has going for it.
Thanks for keeping the record straight DJ. Ignore the noise.
Bye Bye BMAC - nice!
Pro-Life - very impressive and well laid out display of your "notes". You are a master of DD and notes!
The chart looks primed - break through the 200 day that we sit at the threshold of and there we go. Impending PR's will take us away.
Won't be long now.
Thanks for sharing so brilliantly
Excellent post ML. Upfront and saying it like it is. I share all your comments and agree with your thinking. Thanks. Well done.
Thanks for the clear, concise and spot on post DJKnows. We have a committed, courageous and determined leader in our CEO Jeffrey Duncan Reid - who will not stop at anything to correct the wrongdoing and allegations this RFID company is accused of.
As longs, we fully support him in this effort and the fight has increased our loyalty and commitment.
Bless you and thank you DJ for always paving the path of support for Mr. Reid (yes that is spelled correctly as Reed is inaccurate.)
KMAG's day will come, sure as the Phoenix rose from the ashes. Rising from the ashes signifies regeneration and immortality.
DJ, this indeed is a good starting point for KMAG's RISING!!
Thanks again for keeping it real and reminding us about our CEO and KMAG MATTERS...
Congrats BAM on your MOD position. Very good choice by iHub to fill the shoes.
Cactusdog.
Appreciate your sharing your ongoing emails and responses from JR. Good to have FACTUAL confirmation in all his efforts on behalf if us shareholders.
Seems like the legal issue could be resolved soon.