Troymet Terminates Private Placement
January 26 2018 - 7:01PM
Troymet Exploration Corp.
("
Troymet")
(TSXV:TYE)
announces that, further to its news release dated November 9, 2017,
due to market conditions, Troymet has terminated its $1,500,000
non-brokered private placement. As the private placement is not
occurring, no consolidation will be occurring at this time.
About Troymet Exploration
Corp.Troymet Exploration Corp. is a junior mining
exploration company with projects in British Columbia (Redhill and
Golden Eagle), Utah (Wildcat) and Manitoba (McClarty Lake). Troymet
operates the Wildcat, Redhill and Golden Eagle projects. Hudbay
Minerals Inc. is the operator of the McClarty Lake joint venture
and must contribute $1,151,052 in joint venture expenditures before
Troymet is required to fund its participating interest. Troymet
retains a 2% net smelter returns royalty (NSR) on the Key property,
British Columbia, which was sold to New Gold Inc. in 2013, and now
forms part of New Gold’s Blackwater gold-silver project.
TROYMET EXPLORATION CORP.
Kieran Downes, Ph.D., P.Geo.President, CEO &
Director
For further information,
contact:Investor Relations Tel: 250-729-0453Email:
info@troymet.com Website:
www.troymet.com Neither the
TSX Venture Exchange nor its Regulation Services Provider (as that
term is defined in the policies of the TSX Venture Exchange)
accepts responsibility for the adequacy or accuracy of this news
release.
CAN: 26505842.1
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