TNR GOLD CORP.

TNR Gold urged investors to vote for the company's BLUE proxy and reject a proxy bid by Eucalyptus Resources Opportunities Fund 1 (led by Jon Christian Evensen) ahead of a shareholder vote. The board said the dissident “Koala” slate has not presented a compelling case, questioned its experience, independence and transparency, and accused it of hiding its true agenda and backers. TNR highlighted its track record of value creation, elimination of an investment loan, a major strategic investor, and progress on lithium, copper and gold assets. » Więcej na finance.yahoo.com

Altius Minerals bought an additional 7.435 million TNR Gold shares on the open market at C$0.23 each on July 17, taking its total holding to 30.935 million shares. TNR Gold said the increased investment validates its strategy and supports advancement of its portfolio focused on critical energy-transition materials and gold. The company highlighted partnerships with McEwen, Ganfeng Lithium, Lundin Mining and BHP and noted executive chairman Kirill Klip holds 27.963 million shares, signaling management confidence. TNR aims to leverage these alignments to generate potential royalty cash flows and maximize shareholder value. » Więcej na finance.yahoo.com

TNR Gold said it expects to receive its first cash flow from a 1.5% net smelter return (NSR) after Ganfeng subsidiary Litio Minera Argentina shipped 240 tonnes (10 containers of 24 t) of high-purity lithium chloride from the Mariana Lithium Project. The company called the export a major project milestone and noted the shipment came from the General Güemes processing plant with rail and local trucking support. TNR Gold highlighted stronger lithium pricing in China (approximately US$18,000–US$20,000/t LCE) as strengthening the timing for the production ramp-up and royalty receipts. » Więcej na finance.yahoo.com