Tuesday, November 29, 2011

TNR Gold Announces Bridge Loan Financing ilc.v, tnr.v, czx.v, rm.v, lmr.v, abn.v, asm.v, btt.v, bva.v, bvg.v, epz.v, fst.v, gbn.v, hao.v, jnn.v, ks.v, ktn.v, kxm.v, mgn, mxr.v, rvm.to, svb, ura.v, nup.ax, srz.ax, usa.ax


  Insiders are buying TNR Gold and now supporting the company with the bridge loan. In the latest MD&A company has confirmed that Los Azules litigation trial is scheduled for 19th of November 2012. 

Insiders are buying TNR Gold.

As of 11:59pm ET November 28th, 2011
Insider NameOwnership
SecuritiesNature of transaction# or value acquired or disposed ofUnit
Nov 8/11Nov 7/11Listov, AlexanderDirect OwnershipCommon Shares10 - Acquisition in the public market500,000$0.060
Nov 4/11Nov 3/11Listov, AlexanderDirect OwnershipCommon Shares10 - Acquisition in the public market500,000$0.050
Oct 12/11Oct 12/11Klip, KirillDirect OwnershipCommon Shares10 - Acquisition in the public market100,000$0.050
Jul 29/11Jul 28/11Varshney, HariDirect OwnershipOptions50 - Grant of options200,000$0.100
Jul 29/11Jul 28/11Bella, Jerome MichaelDirect OwnershipOptions50 - Grant of options250,000$0.100
Jul 29/11Jul 28/11Chung, PaulDirect OwnershipOptions50 - Grant of options200,000$0.100
Jul 28/11Jul 28/11Sieb, MikeDirect OwnershipOptions50 - Grant of options250,000 
Jul 28/11Jul 28/11Schellenberg, Gary David AlbertDirect OwnershipOptions50 - Grant of options750,000$0.100
Jul 28/11Jul 28/11Klip, KirillDirect OwnershipOptions50 - Grant of options500,000$0.100
Jun 17/11Jun 17/11Schellenberg, Gary David AlbertDirect OwnershipCommon Shares10 - Acquisition in the public market50,000$0.075

Please, do not forget, that we own stocks we are writing about and have position in these companies. We are not providing any investment advise on this blog and there is no solicitation to buy or sell any particular company here. Always consult with your qualified financial adviser before making any investment decisions.

TNR Gold Corp. 


TNR Gold Corp. 
November 29, 2011 12:52 ET

TNR Gold Announces Bridge Loan Financing

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Nov. 29, 2011) - TNR Gold Corp. (the "Company") (TSX VENTURE:TNR) has arranged a $1,000,000 bridge loan (the "Loan") from one of its current shareholders (the "Lender") to provide short-term working capital. The Loan is due and payable on or before November 30, 2012 and is secured by a promissory note, general security agreement and deed of trust over the Company's mining claims located in Alaska. The Loan will bear interest at the rate of 8% per annum. In consideration for the advance of the Loan, the Company will grant a bonus of $50,000 to the Lender, payable by way of 1,000,000 common shares of the Company at a deemed price of $0.05 per common share. The bonus shares will be subject to a hold period of four months and a day from issuance.
The Loan and issuance of the related bonus shares is subject to the approval of the TSX Venture Exchange.
About TNR Gold Corp.
Over the past twenty-one years TNR, through its lead generator business model, has been successful in generating high quality exploration projects around the globe. With the Company's expertise, resources and industry network, it is well positioned to aggressively identify, source, explore, partner and continue to expand its project portfolio.
TNR's recently listed subsidiary, International Lithium Corp. (TSX VENTURE:ILC), demonstrated the successful application of TNR's business model in which TNR shareholders benefited from a unit distribution upon spin-out of TNR's lithium and rare metals projects. TNR remains a large shareholder in ILC at 28% of outstanding shares.
At its core, TNR provides significant exposure to gold and copper through its holdings in Alaska and Argentina; and teamed with the recent acquisitions of rare-earth elements and iron ore projects in Canada confirm TNR's commitment to continued generation of in-demand projects, while diversifying its markets and building shareholder value.
On behalf of the board,
Gary Schellenberg, President
Statements in this press release other than purely historical information, historical estimates should not be relied upon, including statements relating to the Company's future plans and objectives or expected results, are forward-looking statements. News release contains certain "Forward-Looking Statements" within the meaning of Section 21E of the United States Securities Exchange Act of 1934, as amended. Forward-looking statements are based on numerous assumptions and are subject to all of the risks and uncertainties inherent in the Company's business, including risks inherent in resource exploration and development. As a result, actual results may vary materially from those described in the forward-looking statements.
CUSIP: #87260X 109
SEC 12g3-2(b): Exemption #82-4434
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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