Trigon Announces $3 Million Brokered Private Placement

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TORONTO, June 28, 2023 /CNW/ - Trigon Metals Inc. (TSXV:TM.VN) (OTC-BB:PNTZF) ("Trigon" or the "Company") is pleased to announce that it has entered into an agreement with Beacon Securities Limited (the "Lead Agent") to act as lead agent and sole bookrunner on behalf of a syndicate of agents, including Echelon Wealth Partners Inc. (together with the Lead Agent, the "Agents"), in connection with a commercially reasonable "best efforts" private placement of units of the Company (the "Units") at a price of $0.20 per Unit (the "Issue Price") for gross proceeds to the Company of approximately $3,000,000, subject to the maximum amount that may be issued under Part 5A (the "Listed Issuer Financing Exemption") of National Instrument 45-106 – Prospectus Exemptions ("NI 45-106") (the "Offering").