TMI.TO - Gold Springs Resource Corp.

Toronto - Toronto Delayed Price. Currency in CAD
0.1150
+0.0050 (+4.55%)
As of 2:45PM EST. Market open.
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Previous Close0.1100
Open0.1100
Bid0.1050 x 0
Ask0.1200 x 0
Day's Range0.1100 - 0.1150
52 Week Range0.0300 - 0.1350
Volume6,000
Avg. Volume185,722
Market Cap41.871M
Beta (3Y Monthly)N/A
PE Ratio (TTM)N/A
EPS (TTM)N/A
Earnings DateMar 29, 2019 - Apr 1, 2019
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target Est0.14
  • GlobeNewswire

    TriMetals Mining Inc. Changes Name to Gold Springs Resource Corp. and Common Shares to Start Trading on the TSX Under New Name and New Symbol “GRC”; Drilling Update

    Gold Springs Resource Corp. (formerly, TriMetals Mining Inc. (TSX: TMI, US OTCQB: TMIAF)) (the “Company”) is pleased to announce that effective Tuesday, November 5th, 2019, the Company’s common shares will be trading on the TSX under the Company’s new name, Gold Springs Resource Corp., and its new trading symbol “GRC”. As previously announced (see News Release of October 10th, 2019), the Company believes that the new name of the Company more accurately reflects the Company's focus on the exploration and development of the gold resources at the Gold Springs project in Nevada and Utah, USA. The Company is to be assigned a new trading symbol for its common shares on the US OTCQB and the Company will announce the new US symbol once is known.

  • ACCESSWIRE

    TriMetals Mining Inc. Announces Name and Stock-Symbol Change, Board and Management Changes, and Start of Drilling at Gold Springs

    VANCOUVER, BC / ACCESSWIRE / October 10, 2019 / TriMetals Mining Inc. (TMI.TO) (TMIAF) (the “Company” or “TMI”) is pleased to announce certain changes to reflect the Company's focus on the Gold Springs project in mining friendly Nevada and Utah, following the divestiture of the Escalones copper project and the receipt of payment from Bolivia of the arbitration award in relation to the Malku Khota silver-indium project. The Company intends to change its name to Gold Springs Resource Corp. The Company believes that the new name more accurately reflects the Company's focus on the exploration and development of the gold resources at Gold Springs. The Company also intends to change the stock symbol on the TSX to "GRC" and on the US OTCQB, to be consistent with the new name of the Company.

  • ACCESSWIRE

    TriMetals Mining Announces Class B Share Redemption Process and Redemption Amount

    VANCOUVER, BC / ACCESSWIRE / October 4, 2019 / TriMetals Mining Inc. (TSX:TMI and TMI.B) (OTCQB:TMIAF and TMIBF) (the "Company" or "TMI") is pleased to announce that it is to redeem each Class B share of the Company (the "Class B Shares") for the sum of $ US$0.09827 per Class B Share (the "Class B Redemption Amount") on November 4, 2019, and that it has sent letters to registered holders of the Class B Shares advising them of the redemption. On August 29, 2019, the Company and its wholly-owned subsidiaries South American Silver Limited ("SASL") and Compañia Minera Malku Khota S.A., had entered into an agreement (the "Settlement Agreement") with the Government of the Plurinational State of Bolivia ("Bolivia") for US$25,798,000 to settle SASL's international arbitration against Bolivia for the 2012 expropriation of the Malku Khota project, and to transfer to Bolivia the exploration data of the Malku Khota project owned by the Company (the "Data").

  • ACCESSWIRE

    TriMetals Completes the Sale of Escalones to Wealth Copper

    VANCOUVER, BC / ACCESSWIRE / September 27, 2019 / TriMetals Mining Inc. (TMI.TO) (TMIAF) (the "Company" or "TMI") is pleased to announce that, further to its news releases of June 3, 2019, April 5, 2019 and December 4, 2018, it has closed yesterday the transaction (the "Escalones Transaction") with Wealth Minerals Ltd. ("Wealth") and its wholly-owned subsidiary, Wealth Copper Ltd. ("Wealth Copper"), pursuant to which Wealth Copper acquired 100% of TMI's interest in the mineral exploitation and exploration concessions and related assets that comprise the Escalones copper-gold porphyry project in Chile (the "Escalones Project"). Matias Herrero, President & CEO of TMI commented, "With the completion of the sale of the Escalones copper project to Wealth Copper, we have reached another important milestone in the Company.

  • ACCESSWIRE

    TriMetals Mining Inc. to Restart Drilling at Gold Springs

    VANCOUVER, BC / ACCESSWIRE / September 19, 2019 / TriMetals Mining Inc. (TMI.TO)(TMIAF), (the "Company" or "TMI"), is pleased to announce that in early October it will be initiating a new drilling program at its Gold Springs project located in Nevada and Utah. The initial focus of the drill program will be the Homestake patented claims (the "Homestake target") located on the Nevada side of the Gold Springs project, 700 metres east of the Grey Eagle resource, and adjoining to the north to Newmont Goldcorp Corporation's mining claims. In operation during the late 1800s and early 1900s, the Homestake Mine was one of few in the area with mill facilities.

  • ACCESSWIRE

    TriMetals Mining Receives Payment from Bolivia

    VANCOUVER, BC / ACCESSWIRE / September 5, 2019 / TriMetals Mining Inc. (TMI.TO) and (TMI.B), (OTCQB:TMIAF and TMIBF) (the “Company” or “TMI”) is pleased to announce that its wholly-owned subsidiary South American Silver Limited (“SASL” or the “Claimant”) has received today from the Government of the Plurinational State of Bolivia (“Bolivia”) full payment of the settlement agreed with Bolivia on August 29, 2019, (See TMI’s press release dated August 29, 2019, for further details). The Company will cease all legal activities related to the collection of the Award. The Company has 60 days to redeem all 116,375,152 Class B shares outstanding for cash.

  • CNW Group

    IIROC Trade Resumption - TMI

    IIROC Trade Resumption - TMI

  • ACCESSWIRE

    TriMetals Mining to Receive US$ 25.8 Million from Bolivia

    VANCOUVER, BC / ACCESSWIRE / August 29, 2019 / TriMetals Mining Inc. (TSX:TMI and TSX:TMI.B, OTCQB:TMIAF and OTCQB:TMIBF) (the “Company” or “TMI”) announces that today TMI and its wholly-owned subsidiaries South American Silver Limited (“SASL” or the “Claimant”) and Compania Minera Malku Khota S.A., have entered into an agreement (the “Settlement Agreement”) with the Government of the Plurinational State of Bolivia (“Bolivia”) to settle SASL’s international arbitration against Bolivia for the 2012 expropriation of the Malku Khota project, and to transfer to Bolivia the exploration data of the Malku Khota project owned by the Company (the “Data”). On November 22, 2018, the Arbitral Tribunal of the Permanent Court of Arbitration issued an award (the “Award”), (see press release dated November 23, 2018), ordering Bolivia to provide compensation to SASL in the amount of US$18.7 million (the “Compensation”) and to pay interest thereon running from August 1, 2012 to the date of payment of the Compensation.

  • CNW Group

    IIROC Trading Halt - TMI

    IIROC Trading Halt - TMI

  • ACCESSWIRE

    TriMetals Mining Closes Second and Final Tranche of Private Placement

    VANCOUVER, BC / ACCESSWIRE / August 16, 2019 / TriMetals Mining Inc. (TMI.TO)(TMIAF) (the “Company” or “TMI”) announces that it has closed the second and final tranche of a non-brokered private placement (the “Private Placement”), raising gross proceeds of Cdn$150,150 from the sale of 2,730,000 common shares (the “Shares”) priced at Cdn$0.055 per Share. The first tranche of the Private Placement closed on July 25, 2019, raising proceeds of Cdn$320,000 from the sale of 5,818,181 Shares priced at Cdn$0.055 per Share, which together with the second tranche, raised aggregate gross proceeds of Cdn$470,150 from the sale of an aggregate of 8,548,181 Shares priced at Cdn$0.055 per Share. The proceeds from the Private Placement will be used for payment of exploration claim holding fees, working capital and general corporate purposes.

  • ACCESSWIRE

    TriMetals Mining Inc. files Second Quarter 2019 Financial Statements and MD&A

    VANCOUVER, BC / ACCESSWIRE / August 12, 2019 / TriMetals Mining Inc. (TMI.TO) (TMIAF), (the “Company”), reports the release of its condensed interim consolidated financial statements for the three and six months ended June 30, 2019 and the related management’s discussion and analysis of financial position and results of operations (“MD&A”) In this press release, all amounts are expressed in U.S. dollars, unless otherwise indicated. During the six months ended June 30, 2019, the Company reported a net loss of $11.32 million ($0.05 loss per share) compared with net earnings of $2.32 million ($0.01 per share) for the six months ended June 30, 2018. During the three months ended June 30, 2019, the Company reported a net loss of $11.42 million ($0.05 loss per share) compared with net earnings of $1.30 million ($0.01 per share) for the three months ended June 30, 2018.

  • ACCESSWIRE

    TriMetals Mining Closes First Tranche of Private Placement

    VANCOUVER, BC / ACCESSWIRE / July 25, 2019 / TriMetals Mining Inc. (TMI.TO) (the “Company” or “TMI”) announces the closing of the first tranche of a non-brokered private placement (the “Private Placement”), raising proceeds of Cdn$320,000 from the sale of 5,818,181 common shares (the “Shares”) priced at Cdn$0.055 per Share. The proceeds from the Private Placement will be used for payment of exploration claim holding fees, working capital and general corporate purposes. TriMetals Mining Inc. (TSX: TMI and OTCQB: TMIAF) is a growth-focused gold exploration company creating value through the exploration and development of the near-surface Gold Springs gold-silver project in mining-friendly Nevada and Utah, U.S.A.

  • ACCESSWIRE

    TriMetals Mining Inc. Announces Results of Annual Shareholders Meeting

    VANCOUVER, BC / ACCESSWIRE / June 11, 2019 / TriMetals Mining Inc. (TSX: TMI, OTCQB: TMIAF), (the "Company"), is pleased to announce that all of the resolutions that shareholders were asked to ...

  • ACCESSWIRE

    TriMetals Mining and Wealth Minerals Enter into Definitive Share Purchase Agreement to Sell Escalones Copper-Gold Porphyry Project to Wealth Copper

    VANCOUVER, BC / ACCESSWIRE / June 3, 2019 / TriMetals Mining Inc. (TSX: TMI) (the "Company" or "TMI") is pleased to announce that, further to its news releases of December 4, 2018 and ...

  • ACCESSWIRE

    TriMetals Mining Inc. files First Quarter 2019 Financial Statements, MD&A and Updates on Escalones and Arbitration

    VANCOUVER, BC / ACCESSWIRE / May 14, 2019 / TriMetals Mining Inc. (TSX: TMI, OTCQX: TMIAF), (the "Company"), reports the release of its condensed interim consolidated financial statements for the three months ended March 31, 2019 and the related management's discussion and analysis of financial position and results of operations ("MD&A"). During the three months ended March 31, 2019, the Company reported net earnings of $0.10 million ($0.00 per share) compared with net earnings of $1.02 million ($0.01 per share) for the three months ended March 31, 2018. The primary drivers in the results for the three months ended March 31, 2019 and 2018 were the non-cash changes in the fair values of the arbitration award assets, Class B shares and other arbitration award liabilities.

  • ACCESSWIRE

    TriMetals Mining To Receive Up To US$ 2 Million From Its Funder and Announces Amended and Restated Letter of Intent with Wealth Minerals Ltd.

    VANCOUVER, BC / ACCESSWIRE / April 5, 2019 / TriMetals Mining Inc. (TMIAF) (TMI.TO) (the "Company" or "TMI") is pleased to announce that on April 4, 2019, it has executed an addendum (the "Addendum") to its 2013 privileged arbitration funding agreement (the "Arbitration Funding Agreement") with its arbitration funder (the "Fund") whereby the Company can elect to borrow up to US$2 million for working capital purposes. The Fund has made such working capital funding facility (the "Facility") available to the Company in four semi-annual installments of US$500,000 each. The first US$500,000 installment is expected to be paid to the Company on or about April 10, 2019.

  • ACCESSWIRE

    TriMetals Mining Inc. files 2018 Financial Statements, MD&A and Escalones Update

    VANCOUVER, BC / ACCESSWIRE / March 28, 2019 / TriMetalsMining Inc. (TSX: TMI, OTCQX: TMIAF), (the "Company"), reports the release of its audited consolidated financial statements for the year ended December 31, 2018, the related management's discussion and analysis of financial position and results of operations ("MD&A") and an update on the proposed divestiture transaction for Escalones. During the year ended December 31, 2018, the Company reported net earnings of $2.59 million ($0.01 per share) compared with net loss of $1.98 million ($0.01 per share) for the year ended December 31, 2017. During the year ended December 31, 2018, an Arbitration Tribunal of the Permanent Court of Arbitration issued an award to the Company's subsidiary, South American Silver Limited, of $18.7 million plus compound interest starting August 1, 2012 until paid in full (the "Award").

  • ACCESSWIRE

    TriMetals Mining Closes Private Placement and Provides Update on Arbitration

    VANCOUVER, BC / ACCESSWIRE / March 20, 2019 / TriMetals Mining Inc. (TMI.TO) (the "Company" or "TMI") announces the closing of a non-brokered private placement (the "Private Placement"), raising net proceeds of Cdn$456,500 from the sale of 9,200,000 common shares (the "Shares") priced at Cdn$0.05 per Share. The net proceeds from the Private Placement will be used for working capital and general corporate purposes. TMI also announces that on February 28, 2019, its wholly-owned Bermudan subsidiary, South American Silver Limited ("SASL"), has commenced court proceedings in Washington, DC, seeking a United States court judgment to recognize and enforce, in the United States, the award issued on November 22, 2018 by the arbitration tribunal of the Permanent Court of Arbitration located in The Hague, Netherlands (the "Award").

  • Zacks Small Cap Research

    WML.V: Wealth Minerals Provides Corporate Update: lithium portfolio fine-tuned, expecting copper spin-out, financing news

    Wealth Minerals (WML.V) (WMLLF) is a junior mineral exploration company that is well-positioned to benefit from its portfolio of prospective lithium projects in the Lithium Triangle. Management intends to advance its concessions through exploration programs and opportunistically acquire additional ones. The Agreement with ENAMI creates a path for the development of Wealth’s Atacama and Laguna Verde Projects.

  • ACCESSWIRE

    TriMetals Mining Announces Board and Management Changes

    VANCOUVER, BC / ACCESSWIRE / January 30, 2019 / TriMetals Mining Inc. (TMI.TO) (TMIAF), (''TMI'' or the ''Company'') announces that Mr. Eric Edwards has submitted his resignation as TMI's President and Chief Executive Officer and from TMI's Board of Directors effective January 31, 2019. The Board of Directors of TMI are grateful for Mr. Edwards' achievements while at TMI. In the past year, the Company has signed a divestiture agreement for the Escalones Copper Project in Chile, received the award notification regarding expropriation of the Malku Khota project in Bolivia for US$28 million (including interest), and has minimized administration and overhead costs.

  • What You Must Know About TriMetals Mining Inc.’s (TSE:TMI) Beta Value
    Simply Wall St.

    What You Must Know About TriMetals Mining Inc.’s (TSE:TMI) Beta Value

    If you're interested in TriMetals Mining Inc. (TSE:TMI), then you might want to consider its beta (a measure of share price volatility) in order to understand how the stock could Read More...

  • GlobeNewswire

    Wealth Announces Spin-Out Company for Newly Acquired Chilean Copper Assets

    Frankfurt: EJZN) announces that the Company has entered into two letters of intent (each, a “Letter of Intent”) with respect to the acquisition of interests in two Chilean copper projects, which will be held by a newly formed subsidiary of Wealth (“Wealth Copper”).  Wealth intends to proceed with a restructuring transaction (the “Spin-Out”), whereby it would spin-out Wealth Copper to shareholders of Wealth, with the intent of listing Wealth Copper on the TSX Venture Exchange (the “TSX-V”).  The Spin-Out is being undertaken to allow Wealth shareholders to benefit from Wealth’s exposure to Chilean mining deals and operational expertise.  Wealth will continue to remain focused on its Chilean lithium assets.

  • GlobeNewswire

    TriMetals Mining Signs Letter of Intent to sell its 100% interest in the Escalones Copper Project to Wealth Minerals Ltd. To Create New Chilean Copper Focused Company

    DENVER, Dec. 04, 2018 -- TriMetals Mining Inc. (TSX: TMI) (OTCQX:TMIAF), (“TMI” or the “Company”), announces that the Company has executed a letter of intent (the “LOI”) with.

  • GlobeNewswire

    TriMetals Mining Inc.’s Subsidiary, South American Silver, Awarded Approximately US$28 million (including interest) in Arbitration Proceedings against the Government of Bolivia

    TriMetals Mining Inc. (TMI.TO) (TMIAF), (the “Company”), announces that on November 22, 2018, an Arbitration Tribunal of the Permanent Court of Arbitration in The Hague, Netherlands, issued an award awarding the Company’s wholly-owned Bermudan subsidiary, South American Silver Limited (“South American Silver”) US$18.7 million in amounts invested and approximately US$9 million in interest thereon running from August 1, 2012 to present, for a total of approximately US$28 million (the “Award”).