TRU Precious Metals engages market-maker and digital advertiser
Fredericton, New Brunswick – May 19, 2021 – TRU Precious Metals Corp. (TSXV:TRU; OTCQB:TRUIF; FSE:706) (“TRU” or the “Company”) is pleased to announce that it has engaged Venture Liquidity Providers Inc. (“VLP”) to initiate market-making services in order to provide additional liquidity and narrower bid-ask spreads for the Company’s common shares.
The market-making service will be undertaken by VLP through a registered dealer, W.D. Latimer Co. Ltd. (“Latimer”), in compliance with the policies of the TSX Venture Exchange (the “TSXV”) and other applicable laws. For these services, TRU has agreed to pay VLP a cash fee of $5,000 per month to be paid monthly, for a minimum of 3 months commencing on the date hereof, subject to termination at any time by either party. The Company and VLP act at arm’s length from each other, and VLP has no present interest, directly or indirectly, in the Company or its securities. The capital and shares required for the market-making service will be provided by Latimer.
Additionally, TRU is pleased to announce that it has retained Belair Capital Advisors Inc. (“Belair”) to provide digital marketing and engagement services to TRU. The Company has retained Belair for a 6-month period, during which Belair will facilitate an online and social media investor awareness campaign. TRU has agreed to pay Belair $50,000 in cash for these services, to be paid in three equal tranches, the first of which will be made upon signing and the other two on subsequent bi-monthly intervals. The Company and Belair act at arm’s length from each other, and Belair has no present interest, directly or indirectly, in the Company or its securities.
The agreements with each of VLP and Belair remain subject to regulatory approval by TSXV.
About Venture Liquidity Providers Inc.
VLP is a specialized consulting firm providing a variety of services focused on TSXV-listed issuers, and its corporate office is located at 204-304 Toronto Street, Uxbridge, Ontario, L9P 1Y2. VLP’s market-making service is provided by Latimer, a respected Canadian market-making firm. Latimer is a full-service securities dealer regulated by the Investment Industry Regulatory Organization of Canada, and its corporate office is located at 55 University Avenue, Suite 1601, Toronto, Ontario, M5J 2H7.
About Belair Capital Advisors Inc.
Belair is a specialized investor relations and strategic communications firm focused on increasing investor and brand exposure across digital platforms. They provide cutting edge solutions with data driven results to pre-public and public companies looking to drive sales, attract capital and increase shareholder value. Central to Belair’s value proposition is an integrated and multi-disciplinary team of seasoned professionals. Belair’s office address is 56 Jones Street, Oakville, Ontario, L6L 1A7.
About TRU Precious Metals Corp.
TRU has assembled a portfolio of 5 gold exploration properties in the highly prospective Central Newfoundland Gold Belt. The Company has a definitive option agreement with a subsidiary of TSX-listed Altius Minerals Corporation for the option to purchase 100% of the Golden Rose Project, located along the deposit-bearing Cape Ray – Valentine Lake Shear Zone. TRU also owns 100% of the Twilite Gold Project, located along the same Shear Zone, and 3 under-explored properties including its Rolling Pond Property (under option) bordering New Found Gold Corp.’s high-grade Queensway Project. TRU’s common shares trade on the TSX Venture Exchange under the symbol “TRU” and on the OTCQB Venture Market under the symbol “TRUIF”.
TRU is a portfolio company of Resurgent Capital Corp. (“Resurgent”), a merchant bank providing venture capital markets advisory services and proprietary financing. Resurgent works with promising public and pre-public micro-capitalization Canadian companies. For more information on Resurgent and its portfolio companies, please visit Resurgent’s LinkedIn profile at https://ca.linkedin.com/company/resurgent-capital-corp.
For further information about TRU, please contact:
Joel Freudman
Co-Founder, President & CEO
TRU Precious Metals Corp.
Phone: (647) 880-6414
Email: info@trupreciousmetals.com
Website: www.trupreciousmetals.com
To connect with TRU via social media, below are links:
Facebook
https://www.facebook.com/TRU-Precious-Metals-Corp-100919195193616
Twitter
https://twitter.com/corp_tru
LinkedIn
https://www.linkedin.com/company/tru-precious-metals-corp
YouTube
https://www.youtube.com/channel/UCHghHMDQaYgS1rDHiZIeLUg/
Cautionary Statements
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
This press release contains certain forward-looking statements, including those relating to regulatory approvals and to the Company’s relationships with each of VLP and Belair. These statements are based on numerous assumptions believed by management to be reasonable in the circumstances and are subject to a number of risks and uncertainties, including without limitation: regulatory approval process; volatility in financial markets, economic conditions, and precious metals prices; and those other risks described in the Company’s continuous disclosure documents. Actual results may differ materially from results contemplated by the forward-looking statements herein. Investors and others should carefully consider the foregoing factors and should not place undue reliance on such forward-looking statements. The Company does not undertake to update any forward-looking statements herein except as required by applicable securities laws.