ETFOptimize | High-performance ETF-based Investment Strategies

Quantitative strategies, Wall Street-caliber research, and insightful market analysis since 1998.


ETFOptimize | HOME
Close Window

TNR Gold Corp announces special committee to evaluate M&A opportunities

--News Direct--

TNR Gold Corp (TSX-V:TNR, OTC:TRRXF) Executive Chairman Kirill Klip speaks to Thomas Warner from Proactive London after the green energy metals royalty and gold company announced the formation of a special committee of independent directors to explore merger and acquisition opportunities, including the evaluation of variations such as the latest Lithium Royalty proposals. He emphasises his vision for the company and the importance of management alignment with shareholders' interests, noting that he is the largest individual shareholder.

Klip expressed his optimism about the company's future valuation, citing a Fundamental Research report that suggested a potential valuation of 22ยข per share. He highlights as evidence TNR's royalty on the Mariana Lithium project, which is nearing production and expected to generate significant cash flow next year. The project's green energy initiatives, including a solar power plant, are also on track.

Discussing the Los Azules Copper Project, Klip mentioned substantial investments from major players like Rio Tinto and Stellantis, demonstrating growing interest in copper mining and electric vehicle supply chains. He also touches on the Shotgun Gold project in Alaska, mentioning the company's strategy to spin out the project into a separate entity once an appropriate partner has been found.

Contact Details

Proactive Investors USA

+1 347-449-0879

na-editorial@proactiveinvestors.com

View source version on newsdirect.com: https://newsdirect.com/news/tnr-gold-corp-announces-special-committee-to-evaluate-manda-opportunities-728410324

Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms Of Service.


 

IntelligentValue Home
Close Window

DISCLAIMER

All content herein is issued solely for informational purposes and is not to be construed as an offer to sell or the solicitation of an offer to buy, nor should it be interpreted as a recommendation to buy, hold or sell (short or otherwise) any security.  All opinions, analyses, and information included herein are based on sources believed to be reliable, but no representation or warranty of any kind, expressed or implied, is made including but not limited to any representation or warranty concerning accuracy, completeness, correctness, timeliness or appropriateness. We undertake no obligation to update such opinions, analysis or information. You should independently verify all information contained on this website. Some information is based on analysis of past performance or hypothetical performance results, which have inherent limitations. We make no representation that any particular equity or strategy will or is likely to achieve profits or losses similar to those shown. Shareholders, employees, writers, contractors, and affiliates associated with ETFOptimize.com may have ownership positions in the securities that are mentioned. If you are not sure if ETFs, algorithmic investing, or a particular investment is right for you, you are urged to consult with a Registered Investment Advisor (RIA). Neither this website nor anyone associated with producing its content are Registered Investment Advisors, and no attempt is made herein to substitute for personalized, professional investment advice. Neither ETFOptimize.com, Global Alpha Investments, Inc., nor its employees, service providers, associates, or affiliates are responsible for any investment losses you may incur as a result of using the information provided herein. Remember that past investment returns may not be indicative of future returns.

Copyright © 1998-2017 ETFOptimize.com, a publication of Optimized Investments, Inc. All rights reserved.