VANCOUVER, BRITISH COLUMBIA--(Marketwired - Jan 6, 2015) - True North Gems Inc. (TSX VENTURE:TGX) ("True North" or the "Company") is pleased to announce that TetraTech EBA of Vancouver has been engaged to update the pre-feasibility study ("PFS") for the Aappaluttoq Ruby and Pink Sapphire Project, SW Greenland. TetraTech EBA have already commenced the work and the Company anticipates the release of the updated technical [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Dec 16, 2014) - True North Gems Inc. (TSX VENTURE:TGX) ("True North" or the "Company") is pleased to provide an update on the continued construction at its Aappaluttoq Ruby mine site, Southwest Greenland. There has been excellent progress since construction was initiated in September 2014 despite the freezing weather conditions. A total of 24 personnel are currently on site and [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Nov 13, 2014) - True North Gems Inc. (TSX VENTURE:TGX) ("True North" or the "Company") is pleased to provide a development update at the Aappaluttoq mine site in SW Greenland. Mobilization of equipment for True North's Aappaluttoq Ruby and Pink Sapphire project commenced on September 23, 2014 (see previous press release). LNS Greenland A/S ("LNSG") has mobilized very efficiently [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Oct 30, 2014) - True North Gems Inc. (TSX VENTURE:TGX) ("True North" or the "Company") is pleased to announce the closing of the $11,000,000 finance package with Leonard Nilsen & Sonner A/S ("LNS Group") and LNS Greenland A/S ("LNSG") that was previously announced on September 11, 2014. "With the completion of this financing package True North and LNSG can now concentrate on [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Sep 23, 2014) - True North Gems Inc. (TSX VENTURE:TGX) ("True North" or the "Company") is pleased to announce it has issued the commencement notice to its joint venture partners LNS Greenland A/S ("LNSG") to authorize mobilization of equipment and inaugurate construction at the Aappaluttoq Ruby and Pink Sapphire project located in SW Greenland. "This exciting announcement marks [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Sep 11, 2014) - True North Gems Inc. (TSX VENTURE:TGX) ("True North" or the "Company") is pleased to announce that it has signed an agreement with Leonhard Nilsen & Sonner A/S ("LNS Group") and LNS Greenland A/S ("LNSG") under which the combined LNS entities will provide over CDN$11,000,000 in financing to the Company and the Company's operating subsidiary in Greenland, True [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Jun 27, 2014) - True North Gems Inc. (TSX VENTURE:TGX) ("True North" or the "Company") is pleased to announce shareholders approved all resolutions brought before them at the Company's Annual General Meeting ("AGM") held in Vancouver, British Columbia on June 26, 2014. "It is always pleasing to have the full support of Shareholders but especially as we progress from the [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Jun 4, 2014) - True North Gems Inc. (TSX VENTURE:TGX) ("True North" or the "Company") announces today that the Municipality of Sermersooq and City Council has completed the required formalities and officially approved the Company's Impact Benefit Agreement ("IBA"). As previously announced (see press release dated May 30, 2014) the Government of Greenland has approved the formal [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - May 30, 2014) - True North Gems Inc. (TSX VENTURE:TGX) ("True North" or the "Company") is very pleased to announce that the Government of Greenland has formally approved the Company's Exploitation and Closure Plan, and Impact Benefit Agreement ("IBA"). This paves the way for the establishment of Greenland's first ruby and pink sapphire mining operation at Aappaluttoq, SW [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Mar 3, 2014) - True North Gems Inc. (TSX VENTURE:TGX) ("True North" or the "Company") is extremely pleased to announce that the Government of Greenland has awarded the Company an exclusive 30-year exploitation (mining) licence (the "Exploitation Licence") for the Aappaluttoq Ruby Deposit, SW Greenland. "Today marks the culmination of our exploration, delineation and major [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Jan 22, 2014) - True North Gems Inc. (TSX VENTURE:TGX) ("True North" or the "Company") today announced that it has appointed Mr. Jens B. Frederiksen as Executive Vice President for its wholly owned Greenland subsidiary, True North Gems Greenland A/S. "On behalf of True North, I am delighted to welcome Jens B. Frederiksen to our Greenland team. Mr. Frederiksen brings a great [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Jan 9, 2014) - True North Gems Inc. (TSX VENTURE:TGX) ("True North" or the "Company") is pleased to announce the closing of the previously announced private placement financing, realizing gross proceeds of $1,500,000 through the sale of 16,666,667 units at a price of $0.09 per unit. Each unit is comprised of one common share of the Company and one-half of one common share [...]