VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 01/21/13 — 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 the Bandito project in the Yukon Territory to Endurance Gold Corporation (TSX VENTURE: EDG) ("Endurance") for a combination of shares and cash.True North President and CEO Nick Houghton said: "The Bandito project was a non-core asset for the Company; as such t
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 12/21/12 — True North Gems Inc. (TSX VENTURE: TGX) announces that it has granted 3,950,000 stock options to its directors, officers and consultants. The options have an exercise price of $0.10 per share and will expire on December 21, 2017.This document contains "forward-looking information" and "forward-looking statements" (together, "forward looking statements") within the meaning of applicable securities legislati
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 11/20/12 — True North Gems Inc. (TSX VENTURE: TGX) ("True North" or the "Company") is pleased to announce the signing of a Letter of Intent ("LOI") with Greenland Mining Services A/S ("GMS"). Under this agreement GMS will provide the majority of capital costs to become a 20% shareholder in True North Gems Greenland ("TNGG"), a wholly owned subsidiary of the Company and titleholder of the Aappalutt
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 10/18/12 — True North Gems Inc. (the "Company") (TSX VENTURE: TGX) is pleased to announce the appointment of Mr. W. Graham Nicholls as Executive Vice President. Reporting directly to the President and CEO, Mr. Nicholls will concentrate on finalizing the exploitation permit and the rapid commissioning of the Aappaluttoq Ruby Mine in SW Greenland.Mr. Nicholls has over 25 years of management experience in the resource sector. He is a speci
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 08/13/12 — True North Gems Inc. (the "Company") (TSX VENTURE: TGX) announces that it has raised gross proceeds of $725,400 in an initial closing of the non-brokered private placement announced on July 31, 2012. The funds were raised through the issuance of 14,508,000 units at a price of $0.05 per unit. Each unit is comprised of one common share and one-half non-transferable common share purchase warrant, each warrant exercisable for one
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 07/31/12 — True North Gems Inc. (the "Company") (TSX VENTURE: TGX) announces it intends to conduct a non-brokered private placement of up to 20,000,000 units at a price of $0.05 per unit, subject to regulatory approval. Each unit will be comprised of one common share and one half non-transferable common share purchase warrant, each warrant exercisable for one additional common share for a period of one year at a price of $0.12 per share
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 06/25/12 — True North Gems Inc. (TSX VENTURE: TGX) (the "Company") announces that its Board of Directors has initiated a strategic review process to consider strategic alternatives that have presented themselves to the Company, with a view to enhancing shareholder value. Strategic alternatives may include, but are not limited to, the sale of all or a portion of the Company-s assets, the outright sale of the Company, a merger or other bu
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 06/11/12 — True North Gems Inc. (the "Company") (TSX VENTURE: TGX) is pleased to announce that the final draft of the Environmental Impact Assessment (EIA) report has been completed and formal translation into both Greenlandic and Danish is underway."This is a major milestone for the Aappaluttoq Ruby Project," stated Nicholas Houghton, President and CEO. "As an integral component of the permitting process, the EIA Report
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 10/11/11 — True North Gems Inc. (TSX VENTURE: TGX) today announced that it has appointed Mr. Bent Olsvig Jensen as Managing Director for its wholly owned Greenland subsidiary, True North Gems Greenland A/S. Mr. Olsvig Jensen will oversee the anticipated transition from a successful exploration company to being a leading producer of gem quality ruby and pink sapphire.Mr. Olsvig Jensen will be based in Nuuk, Greenland, and offers the company extens
