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Tag "true-north-gems-inc"

True North Gems Provides Corporate Update 0

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

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True North Gems Announces Greenland Public Hearings Schedule 0

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

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True North Gems Completes Partial Close of Second Tranche Financing for $2.4 Million 0

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

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True North Gems Announces AGM Results 0

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

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Greenland Government Initiates Public Hearing Process Following Acceptance of True North Gems Exploitation Permit Application 0

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

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True North Gems to Close Second Tranche of Brokered Private Placement 0

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

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True North Gems Completes $500,000 First Tranche of Brokered Private Placement 0

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 (&quot

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True North Gems Announces $15.75 Million Strategic Investment by Lenomi Holdings 0

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

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True North Gems Enters Financial Agreement with Greenland-s Largest Private Equity Fund 0

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

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True North Gems Completes Sale of Fyre Lake Properties 0

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

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