Tru Precious Metals Corp (TRU)

TRU Precious Metals Corp. Announces Adoption of Semi-Annual Financial Reporting Under Coordinated Blanket Order 51-933May 27, 2026 7:00 AM
ACCESS NewswireTORONTO, ON / ACCESS Newswire / May 27, 2026 / TRU Precious Metals Corp. (TSXV:TRU)(FSE:706) ("TRU" or the "Company") announces the adoption of semi-annual financial reporting ("SAR"). This news release is being issued and filed pursuant to Coordinated Blanket Order 51-933 Exemptions to Permit Semi-Annual Reporting for Certain Venture Issuers ("CBO 51-933").CBO 51-933 allows eligible venture issuers to voluntarily move from a quarterly to a semi-annual financial reporting framework. By adopting SAR, TRU aims to reduce the administrative and financial burden associated with quarterly reporting, allowing management to focus its resources on the Company's exploration and development programs.As a result of adopting SAR, the Company will not file interim financial statements and related Management's Discussion and Analysis ("MD&A") for the three-month period ending March 31 and the nine-month period ending September 30 of each applicable fiscal year. Accordingly, the initial interim period for which the Company does not intend to file an interim financial report and related MD&A will be for the three months ended March 31, 2026.TRU will continue to file audited annual financial statements (due within 120 days of December 31) and six-month interim financial reports and related MD&A (due within 60 days of June 30).The Company remains committed to timely and transparent disclosure and will continue to report all material changes and significant developments as required under National Instrument 51-102 - Continuous Disclosure Obligations.About TRU Precious Metals Corp.TRU (TSXV:TRU)(FSE:706) is on a mission to build long-term shareholder value through prudent natural resource property development. The company's flagship project is the Golden Rose Project a regional-scale 297.50 km2 land package in Central Western Newfoundland (includes a 33.25 km2 package of claims over which TRU has a 51% interest) which straddles a 45 km strike length along the gold deposit-bearing Cape Ray - Valentine Lake Shear Zone, directly between Equinox Gold Corp's Valentine Project and AuMEGA Metals Ltd' Cape Ray Gold Project. TRU is currently focused on efficiently discovering the full gold and copper potential at Golden Rose, targeting continuity along this proven gold bearing trend. The Golden Rose Project is currently subject to an earn-in agreement (the "Earn-In Agreement") with TSX-listed Eldorado Gold Corporation ("Eldorado"), whereby Eldorado has the option to fund CAD15.25M in cash payments and exploration expenditures over 5 years to earn an 80%-interest in the Golden Rose project. Please refer to the Company's July 30th, 2024 press release for further details of the Earn-In Agreement.TRU is approximately 36%-owned by European strategic investor Ormonde Mining plc (AQSE:ORM).For further information about TRU, please contact:Steve Nicol
Chief Executive Officer
TRU Precious Metals Corp.
Phone: 1-855-760-2TRU (2878)
Email: ir@trupreciousmetals.comTo connect with TRU via social media, below are links:X (formerly Twitter): https://x.com/metalstru
YouTube: https://www.youtube.com/@TruMetalsCorp
LinkedIn: https://www.linkedin.com/company/tru-precious-metals-corp/
Instagram: https://www.instagram.com/TRUMetals/
Facebook: https://www.facebook.com/TRUMetals/AcknowledgementTRU would like to thank the Government of Newfoundland and Labrador for financial support through the Junior Exploration Assistance Program and the Federal Government for its critical mineral assistance funding for the exploration activities at Golden Rose.Cautionary Note Regarding Forward-Looking InformationThis news release contains "forward-looking information" within the meaning of applicable Canadian securities legislation. Forward-looking information includes, but is not limited to, statements regarding the Company's intention to rely on CBO 51-933 and adopt semi-annual financial reporting, the anticipated timing of future financial filings, the expected benefits of SAR and the Company's plans for its exploration and development programs. Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause actual results, activity, performance or achievements to be materially different from those expressed or implied by such information, including but not limited to: changes in applicable securities laws or regulatory requirements; the Company's ability to continue to satisfy the eligibility requirements under CBO 51-933; and general economic, market and business conditions. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information. Accordingly, readers should not place undue reliance on forward-looking information. The Company does not undertake to update any forward-looking information, except in accordance with applicable securities laws.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 release.SOURCE: TRU Precious Metals Corp.View the original press release on ACCESS NewswireOriginal: TRU Precious Metals Corp. Announces Adoption of Semi-Annual Financial Reporting Under Coordinated Blanket Order 51-933

TRU Executes Joint Venture Agreement Governing Its 51% interest in the Staghorn Property at Golden RoseFebruary 18, 2026 7:00 AM
ACCESS NewswireTORONTO, ON / ACCESS Newswire / February 18, 2026 / TRU Precious Metals Corp. (TSXV:TRU)(FSE:706) ("TRU" or the "Company") is pleased to announce that a Joint Venture Agreement ("JVA") that regulates the 51%/49% Joint Venture ("JV") arrangement on the Staghorn Property between the Company and Quadro Resources Ltd. ("Quadro") has been executed by the parties.The JV is deemed to have been in existence since July 5, 2025, being the commencement date under the JVA, following the Company's election not to exercise the additional option to increase its interest in the Staghorn Property as detailed in the Company's news release dated August 6, 2025. The Staghorn Property represents approximately 11% of the total Golden Rose land package.The JVA, which contains industry standard terms and is consistent with the framework set out in the option agreement between TRU and Quadro dated June 15, 2022, as amended (the "Option Agreement") provides, among other things, that:the parties will fund exploration and other JV expenditures on the Staghorn Property on a pro rata basis in accordance with their respective participating interests;a management committee will be established consisting of two representatives appointed by TRU and one representative appointed by Quadro;TRU will act as operator of the JV and will be entitled to a 10% operator's fee on JV expenditures;annual programs and budgets are to be presented to the JV management committee at the beginning of each year for approval, with cash calls made quarterly;a party's participating interest will be subject to dilution in the event it does not fund its share of approved expenditures;the JVA includes customary dilution provisions, pursuant to which a participant's interest may be reduced in the event it does not fund its share of approved expenditures, and which contemplate alternative forms of participation in certain circumstances, which may include a 1% net smelter returns royalty of which 0.5% would be re-purchasable by TRU for $1,000,000, subject to the terms of the JVA; andThe JVA is subject to the rights of Eldorado Gold Corporation ("Eldorado") under its earn-in agreement with TRU, pursuant to which Eldorado has the option to fund CAD $15.25 million in cash payments and exploration expenditures over a five-year period to earn an 80% interest in the Golden Rose Project. The exercise of that option may require amendment and restatement of the JVA to give effect to Eldorado's rights.TRU CEO Steve Nicol commented: "We are very pleased to have completed the final JVA with Quadro, our partner on the Staghorn Property, and appreciate the spirit of professional and businesslike collaboration which has permeated the discussions. Both parties have been advancing exploration activities at Staghorn since the JV became effective in July 2025, and we look forward to continuing to advance operations at Staghorn together under the terms of the newly executed JVA as we aim to efficiently discover the full gold and copper potential of the Staghorn Property."The TRU exploration team is currently assessing final results still being received from the 2025 field season at Golden Rose and applying these in design of the 2026 field season work programs. Further information, including final outcomes from the 2025 field season, will be provided when all results have been compiled and assessed.About TRU Precious Metals Corp.TRU (TSXV:TRU)(FSE:706) is on a mission to build long-term shareholder value through prudent natural resource property development. The company's flagship project is the Golden Rose Project a regional-scale 297.50 km2 land package in Central Western Newfoundland (includes a 33.25 km2 package of claims over which TRU has a 51% interest) which straddles a 45 km strike length along the gold deposit-bearing Cape Ray - Valentine Lake Shear Zone, directly between Equinox Gold Corp's Valentine Project and AuMEGA Metals Ltd' Cape Ray Gold Project. TRU is currently focused on efficiently discovering the full gold and copper potential at Golden Rose, targeting continuity along this proven gold bearing trend. The Golden Rose Project is currently subject to an Earn-In Agreement with TSX-listed Eldorado Gold Corporation ("Eldorado"), whereby Eldorado has the option to fund CAD15.25M in cash payments and exploration expenditures over 5 years to earn an 80%-interest in the Golden Rose project. Please refer to our July 30th, 2024 press release for further details of the agreement.TRU is approximately 36%-owned by European strategic investor Ormonde Mining plc (AQSE:ORM).For further information about TRU, please contact:Steve NICOL
CEO
TRU Precious Metals Corp.
Phone: 1-855-760-2TRU (2878)
Email: ir@trupreciousmetals.comTo connect with TRU via social media, below are links:X (formerly Twitter): https://twitter.com/TRUMetals
YouTube: https://www.youtube.com/@TruMetalsCorp
LinkedIn: https://www.linkedin.com/company/tru-precious-metals-corp/
Instagram: https://www.instagram.com/TRUMetals/
Facebook: https://www.facebook.com/TRUMetals/AcknowledgementTRU would like to thank the Government of Newfoundland and Labrador for financial support through the Junior Exploration Assistance Program and the Federal Government for its critical mineral assistance funding for the exploration activities at Golden Rose.Forward-Looking StatementsThis news release contains "forward-looking information" and "forward-looking statements" within the meaning of applicable Canadian securities laws (collectively, "forward-looking statements"). Forward-looking statements in this news release include, but are not limited to, statements regarding: the expected operation and governance of the joint venture on the Staghorn Property; future exploration activities, programs, budgets and expenditures; the timing, scope and results of exploration work; the potential conversion of joint venture interests into royalties; the potential exercise by Eldorado of its earn-in rights in respect of the Golden Rose Project; and the Company's plans, objectives and expectations with respect to the Staghorn Property and the Golden Rose ProjectForward-looking statements are based on management's reasonable assumptions, estimates, expectations and beliefs as of the date of this news release, including assumptions regarding: the ability of the parties to the joint venture to comply with their respective obligations; the availability of funding; exploration, operating and capital costs; the timing of regulatory approvals, if any; commodity prices; and general business, economic, geological and market conditions. Although the Company believes these assumptions to be reasonable, they may prove to be incorrect.Forward-looking statements are subject to known and unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those expressed or implied by such forward-looking statements. These risks and uncertainties include, but are not limited to: risks inherent in mineral exploration and development; the speculative nature of exploration results; fluctuations in commodity prices; operational and technical risks; changes in economic conditions; risks related to counterparties and joint venture arrangements; risks related to the exercise or non-exercise of earn-in or option rights by third parties; regulatory and permitting risks; and those risks described in the Company's continuous disclosure filings available under the Company's profile on SEDAR+.Readers are cautioned not to place undue reliance on forward-looking statements. Forward-looking statements are made as of the date of this news release, and the Company does not undertake any obligation to update or revise any forward-looking statements, except as required by applicable securities lawsThis press release is solely the responsibility of TRU, and Eldorado is not in any way responsible or liable for the contents hereof.Neither TSXV nor its Regulation Services Provider (as that term is defined in policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release.SOURCE: TRU Precious Metals Corp.View the original press release on ACCESS NewswireOriginal: TRU Executes Joint Venture Agreement Governing Its 51% interest in the Staghorn Property at Golden Rose

TSX.V-TRU corporate presentation 05/2021

https://static1.squarespace.com/static/5f8e1babbb3cce3e22406138/t/609c52c24d2c6e36f77fd6d6/1620857582143/TRU-investor-presentation.pdf

Will there be a rush to get this gold?
Dean Bristow | May 07, 2021 | No Comments

Long before Dwayne Johnson and even before Alcatraz, the nickname The Rock has been used in reference to an island that’s the eastern-most part of North America. Newfoundland (The Rock) and Labrador is a province in Canada that’s been home to several large mining discoveries since its union with Canada in 1949. Investors of my vintage may recall the staking frenzy around Voisey’s Bay where Robert Friedland’s Diamond Fields Resources discovered a world class base metals deposit while looking for….ya, diamonds. If you don’t recall the story, Friedland ultimately sold Diamond Fields to Inco in 1996 for $4.3 billion which was in turn bought by Brazilian mining giant Vale who still mines nickel, copper and cobalt at this location today.

The evolution of the Voisey’s Bay play in the mid 90’s was my introduction to speculative mining trading as dozens and dozens of junior mining companies staked claims in and around Diamond Fields property. And whenever one announced a good drill result almost every stock in the near vicinity went up several multiples one day and almost all the way back down over the next few days or sometimes even the same day. All before chatboards and meme stocks!

But enough about the “good old days”, today’s mining interest in Newfoundland is coming from gold discoveries in the Central Newfoundland Gold Belt. New Found Gold Corp (TSXV: NFG) has had some amazing results at their Queensway gold project, 15km west of Gander, Newfoundland including the most recently announced intercepts of 124.4 g/t Au Over 17.7m and 131.1 g/t Au over 4.65m. These are some truly spectacular numbers and New Found Gold has announced comparable results in the past.

So along the earlier theme, let’s play the closeology game and talk about TRU Precious Metals Corp. (TSXV: TRU | OTCQB: TRUIF). Back in January, TRU announced a transformative option to purchase Altius Minerals Corporation (TSX: ALS) Golden Rose project located in the southwestern portion of the Central Newfoundland Gold Belt. The Golden Rose asset is located between Marathon Gold Corp.’s (TSX: MOZ) Valentine Gold Project to the northeast, where Marathon has reported 3.09 million ounces Measured and Indicated gold resources and Matador Mining’s (ASX: MZZ) Cape Ray Gold Project to the southwest, which also has a known gold deposit. Golden Rose immediately becomes TRU’s most advanced project and thus the flagship asset. However, there are two other properties in TRU’s portfolio that are either adjacent (Golden Pond Property) to New Found Gold’s property or less than 25 kms away (Gander West property) from NFG’s best discovery holes. Add the Twilight Gold property and the Stony Lake property and it adds up to a total of 23,000 hectares in this prolific gold region.

Source: TRU Precious Metals Website

But here’s where the story gets really interesting as an investor. Since the announcement of the Golden Rose transaction with Altius on January 7th, TRU’s stock hasn’t traded. The company had to apply to the TSX Venture Exchange for a Change of Business (as such term is defined in Exchange Policy 5.2) to a “mining issuer” from its classification as an “investment issuer”. Conditional approval was received April 30th and the Company intends to complete the Change of Business and resume trading the week of May 10, 2021.

Needless to say a fair bit has happened since the stock halted on Jan 6th. Marathon announced its first 2021 exploration drill results from the Valentine Gold project, followed by a positive feasibility study and just yesterday a project development update. Meanwhile, New Found Gold has announced 13 different drill results (yes you read that correctly) at its Queensway project. Additionally, TRU hasn’t been sitting around waiting for TSXV approval, they went out and raised $3.5 million in an oversubscribed private placement of subscription receipts. As well, the company hired an Exploration Manager and a Field Geologist in preparation for the 2021 exploration season.

So the Company is cashed up (approximately $4 million), staffed up, has a new flagship property and is ready to roll in one of the hottest gold exploration regions going right now. Post transaction the company will have 70.5 million shares outstanding (73.5 million F/D). Prior to the halt, the stock was trading at $0.26/share which would imply a market cap of roughly $18 million. However, I have no idea what the stock will open trading at next week. Get out your crystal ball and see if you can figure out what the value of the above few paragraphs are worth, and when you do — let me know.

https://investorintel.com/markets/gold-silver-base-metals/gold-precious-metals-intel/will-there-be-a-rush-to-get-this-gold/