Skip to main content

Triple One Metals Closes $ 500,000

Written by Customer Service on . Posted in Public Companies.

Four month hold applies to 40,816,327 shares issued

Windsor, Nova Scotia, Aug. 20, 2025 (GLOBE NEWSWIRE) — August 20, 2025 – Triple One Metals Inc. (“Triple One” or the “Company“) (CSE:TONE) is pleased to announce it has closed its financing which raised $500,000 at $0.01225 per share and has issued 40,816,327 common shares. The shares were issued with the required hold period pursuant to securities laws.   The use of proceeds is the payments of certain debts and for working capital.  A finder’s fee of $12,862.50 was paid.

One insider of the Company subscribed, indirectly, for a total of 3,000,000 common shares. As such, this participation constitutes a related party transaction as defined under Multilateral Instrument 61- 101, Protection of Minority Security Holders in Special Transactions. Such participation is exempt from the formal valuation and minority shareholder approval requirements of MI 61-101, as neither the fair market value of the common shares acquired by the insiders nor the consideration for the common shares paid by such insiders exceeds 25 per cent of the company’s market capitalization.

The Company confirms there are no material facts or material changes related to the Company which has yet to be generally disclosed.

For additional information
A. Paul Gill
Chief Executive Officer, Triple One Metals Inc.
59 Payzant Drive
P.O. Box 657, Windsor
Nova Scotia, Canada, B0N 2T0

Forward-Looking Statements

This news release contains certain “forward looking statements” including, for example, statements relating to the completion of the Transaction and Placement and the Company’s anticipated share capital.  Such forward-looking statements involve risks and uncertainties, both known and unknown.  The results or events depicted in these forward-looking statements may differ materially from actual results or events.  In addition to other factors and assumptions which may be identified herein, assumptions have been made regarding and are implicit in, among other things: receipt of regulatory approvals, the Company’s ability to complete the Transaction and Placement, the state of the capital markets,  the ability of the Company to successfully manage the risks inherent in pursuing business opportunities in the mineral exploration industry.  Any forward-looking statement reflects information available to the Company as of the date of this news release and, except as may be required by applicable securities laws, the Company disclaims any intent or obligation to update any forward-looking statement, whether as a result of new information, future events or results or otherwise.

Neither the Canadian Securities Exchange (the “CSE”) nor its Regulation Services Provider (as that term is defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of this release

CONTACT: A. Paul Gill
Triple One Metals Inc.
604-729-5312
info@triple1metals.com

Disclaimer & Cookie Notice

Welcome to GOLDEA services for Professionals

Before you continue, please confirm the following:

Professional advisers only

I am a professional adviser and would like to visit the GOLDEA CAPITAL for Professionals website.

Important Notice for Investors:

The services and products offered by Goldalea Capital Ltd. are intended exclusively for professional market participants as defined by applicable laws and regulations. This typically includes institutional investors, qualified investors, and high-net-worth individuals who have sufficient knowledge, experience, resources, and independence to assess the risks of trading on their own.

No Investment Advice:

The information, analyses, and market data provided are for general information purposes only and do not constitute individual investment advice. They should not be construed as a basis for investment decisions and do not take into account the specific investment objectives, financial situation, or individual needs of any recipient.

High Risks:

Trading in financial instruments is associated with significant risks and may result in the complete loss of the invested capital. Goldalea Capital Ltd. accepts no liability for losses incurred as a result of the use of the information provided or the execution of transactions.

Sole Responsibility:

The decision to invest or not to invest is solely the responsibility of the investor. Investors should obtain comprehensive information about the risks involved before making any investment decision and, if necessary, seek independent advice.

No Guarantees:

Goldalea Capital Ltd. makes no warranties or representations as to the accuracy, completeness, or timeliness of the information provided. Markets are subject to constant change, and past performance is not a reliable indicator of future results.

Regional Restrictions:

The services offered by Goldalea Capital Ltd. may not be available to all persons or in all countries. It is the responsibility of the investor to ensure that they are authorized to use the services offered.

Please note: This disclaimer is for general information purposes only and does not replace individual legal or tax advice.