Trillium Gold Announces Success-Based Compensation to Financial Advisor
NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES
VANCOUVER, British Columbia, June 14, 2023 (GLOBE NEWSWIRE) — Trillium Gold Mines Inc. (TSXV: TGM, OTCQX:TGLDF, FRA: 0702) (“Trillium”) announced today that, further to its press releases dated March 16, 2023 and June 8, 2023 and in connection with the previously announced plan of arrangement with Pacton Gold Inc., (the “Arrangement”), Trillium intends to issue 868,551 common shares (the “Compensation Shares”) in the capital of Trillium to Red Cloud Securities Inc. (“Red Cloud”), along with a cash fee (together with the Compensation Shares, the “Compensation”), for acting as financial advisor to Trillium in connection with the Arrangement. The Compensation qualifies as a success-based commission for services provided in connection with the Arrangement pursuant to Section 3 of TSX Venture Exchange (“TSXV”) Policy 5.1 Loans, Loan Bonuses, Finder’s Fees and Commissions.
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