"Kirill Klip, Executive Chairman of the Company and a non-arms’ length party, will participate in this Private Placement which is priced at the 100% premium to the market price of TNR Gold on the day of this financing announcement. The proceeds of the Private Placement will be used for exploration, maintenance of the Shotgun Gold Project and for general working capital purposes. Kirill Klip is the major shareholder of TNR Gold with his 22% stake on a partially diluted basis and is increasing his position in the Company after all necessary approvals provided by shareholders at the Company AGM held in January 2020."
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Proactive London's Andrew Scott Interviews Kirill Klip: "TNR Gold Has Ambitions To Become A "Leader In Green Energy Metal Royalties And Gold"
"TNR Gold's (CVE:TNR) executive chairman Kirill Klip tells Proactive London's Andrew Scott why he's determined to make the company the leading green energy metals royalty and gold company.
Klip's recently announced he'll be investing more of his own cash in the business and increasing his stake beyond 22%.
TNR has royalty holdings in a number of projects with industry leaders including the likes of Ganfeng Lithium and McEwen Mining in copper."
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