Building The Green Energy Metals Royalty Company: TNR Gold Announces Strategic Initiatives - Convertible Royalty Debentures And Exploring Blockchain Technology In Order To Create Access To Capital Allocated For Crypto Assets.
"All junior mining companies are facing a lack of investment capital allocated to our sector in this part of the cycle. It is very difficult to raise capital on acceptable terms without excessive dilution for our shareholders by using only conventional avenues available for our type and size of the company; by issuing securities, using debt instruments or selling assets. We would like to proactively manage our capital base and start a strategic review of our royalty portfolio in order to optimize our holdings and meet strategic goals," stated Kirill Klip, Executive Chairman of TNR. "Among these strategic initiatives will be research and marketing of convertible royalty debentures - debt instruments allowing conversion directly into part-ownership of our royalty holdings; M&A activities aimed at creating partnerships on the basis of our royalty holding companies and exploring the opportunities provided by blockchain technology in order to create access to capital allocated for crypto assets. We are actively seeking partners who would like to connect their digital assets with our potential future royalty cash-flow streams."
"The future of blockchain technology is one of untold promise, and it may provide a more efficient, cost-effective and secure manner for transactions. This will expedite investment, reduce barriers to entry and help further global economic growth. It is of my opinion that blockchain technology is the next great evolution of financing. The evolution of 'crypto capitalism' will further all stages of business, radically streamline costs and ensure the highest possible amount of funds possible are solely directed to projects and connect global investment networks efficiently," commented John Davies, Director of TNR. "At TNR Gold we endeavour to analyze this process in depth, ascertain how blockchain technology can be utilized in the future for capitalization efforts for not only our consideration but for the entire mining and exploration sectors and those involved in commodities. TNR Gold goes beyond the balance sheet as we are the little company with a great ambition to better our world."
"I am very pleased that the TNR Gold team has the full support of the Company's investment loan capital provider who is supporting our business plan and long-term strategic initiatives," commented Kirill Klip, Executive Chairman of TNR. "It is clear that the decision of our investment loan capital provider is a resounding show of confidence in TNR Gold's long-term business strategy, asset portfolio and management team. Now we can concentrate our efforts on building this green energy metals royalty company by maximizing the value of our royalty portfolio of copper and lithium projects that are instrumental in the electric vehicle and green energy sectors, investigating new strategic acquisitions, and development of the Shotgun Gold project in Alaska. The essence of our business model is to have industry leaders like McEwen Mining and Ganfeng Lithium as operators on the projects that will potentially generate royalty cash flows to contribute and develop significant long-term value for our shareholders."
