VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 08/09/13 — True North Gems Inc. (TSX VENTURE: TGX) ("True North" or the "Company") is pleased to update its shareholders with respect to its financing efforts and upcoming Greenland Public Information Meetings.Agency Agreement and Financing:At the Company-s AGM held on June 13th 2013, shareholders approved a $15.75 million investment by Lenomi Holdings Inc. To date a total of $3 million has been received from Lenomi. These fu
VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 07/16/13 — True North Gems Inc. (TSX VENTURE: TGX) ("True North" or the "Company") is pleased to announce the schedule for the upcoming Public Hearing Process and Information Meetings regarding the Company-s exploitation permit application for the Aappaluttoq Ruby Deposit in SW Greenland.The official Public Hearing Process began on June 17th and will be completed by September 12, 2013. During this time, all relevant documents
VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 06/14/13 — True North Gems Inc. (TSX VENTURE: TGX) ("True North" or the "Company") is pleased to announce the partial closing of the second tranche of its previously announced financing, for an amount of $2,441.964.39 through the sale of 27,132,938 Class A shares ("Shares"). The remainder of the second tranche is expected to close by the end of June 2013. As part of the closing, the Company also paid a commission of
VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 06/13/13 — True North Gems Inc. (TSX VENTURE: TGX) ("True North" or the "Company") is pleased to announce shareholders approved all resolutions brought before them at the Company-s Annual General Meeting ("AGM") held in Vancouver, British Columbia on June 13, 2013.The Company looks forward to moving the Aappaluttoq Ruby Deposit from exploration into the exploitation phase and building Greenland-s first gemstone mine
VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 06/10/13 — True North Gems Inc. (the "Company") (TSX VENTURE: TGX) are pleased to announce that the Greenland Government have determined that the Company-s application for exploitation permit regarding the Aappaluttoq Ruby Deposit in SW Greenland can proceed into the Public Hearing stage.This acceptance is a major milestone in the development of the Aappaluttoq Ruby Project; the Company is now in discussions with the Greenland Governme
VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 05/27/13 — True North Gems Inc. (TSX VENTURE: TGX) ("True North" or the "Company") is pleased to provide an update respecting its previously announced brokered private placement pursuant to a best efforts agency agreement (the "Agency Agreement") with Casimir Capital LP ("Casimir") under which True North has agreed to issue up to 175,000,000 Class A common shares ("Shares") at a price of $0.09 pe
VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 04/08/13 — True North Gems Inc. (TSX VENTURE: TGX) ("True North" or the "Company") is pleased to announce that it has completed the first tranche of its previously announced brokered private placement under a best efforts agency agreement (the "Agency Agreement") with Casimir Capital LP ("Casimir"). True North received gross proceeds of $499,999.95 through the sale of 5,555,555 Class A common shares ("
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 03/25/13 — True North Gems Inc. (TSX VENTURE: TGX) ("True North" or the "Company") is pleased to announce that it will be entering into a best efforts agency agreement (the "Agency Agreement") with Casimir Capital LP ("Casimir"), for a brokered private placement of up to 175,000,000 Class A common shares ("Shares") of True North at a price of $0.09 per Share for aggregate gross proceeds of up to
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 02/27/13 — True North Gems Inc. (TSX VENTURE: TGX) ("True North" or the "Company") announces it has entered into a financial agreement with Greenland Venture A/S ("Greenland Venture"), the largest private equity fund in Greenland. Greenland Venture will invest a total of 4.5 million DKK (equivalent to approximately $800,000 CDN) with True North-s wholly owned Greenlandic subsidiary True North Gems Greenland A/S (&quo
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 01/28/13 — True North Gems Inc. (TSX VENTURE: TGX) ("True North" or the "Company") announces it has entered into an agreement to sell its 100% interest in 43 mineral claims located in the Finlayson District of the Yukon Territories to Pacific Ridge Exploration Ltd. The claims are located in proximity to Pacific Ridge-s Fyre Lake Kona copper-gold-cobalt massive sulphide deposit.Under the terms of the agreement Pacific Ridge has