True North Gems Inc. Announces Name Change to TGX Energy & Resources Inc.
14.08.2024 | vom Unternehmen
Vancouver, August 14, 2024 – Further to the Company’s News Release of July 19, 2024, True North Gems Inc. (TSXV: TGX, the "Company") is pleased to announce that it has changed its name to “TGX Energy & Resources Inc.”. The board of directors of the Company approved the name change on August 13, 2024, in accordance with the articles of the Company. The name change is expected to be effective at the start of trading on August 16, 2024, and the Company’s shares are expected to continue to trade under the current symbol "TGX". The proposed name change is subject to final acceptance from the TSX Venture Exchange.
In addition, the board has determined it is in the best interests of the Company to not proceed with the previously announced proposed share consolidation on a three for one basis. Any further information on a future proposed consolidation will be press released at such time.
On behalf of the Board of Directors of True North Gems Inc.
(signed) "M. Bilal Bhamji"
M. Bilal Bhamji, Director
For further information, contact:
Email: info@truenorthgems.com
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.
Forward Looking Statements
Certain information set forth in this news release may contain forward-looking statements that involve substantial known and unknown risks and uncertainties. All statements other than statements of historical fact are forward-looking statements, including, without limitation, statements regarding future financial position, business strategy, use of proceeds, corporate vision, proposed acquisitions, partnerships, joint-ventures and strategic alliances and co-operations, budgets, cost and plans and objectives of or involving the Company. Such forward-looking information reflects management's current beliefs and is based on information currently available to management. Often, but not always, forward-looking statements can be identified by the use of words such as "plans", "expects", "is expected", "budget", "scheduled", "estimates", "forecasts", "predicts", "intends", "targets", "aims", "anticipates" or "believes" or variations (including negative variations) of such words and phrases or may be identified by statements to the effect that certain actions "may", "could", "should", "would", "might" or "will" be taken, occur or be achieved. A number of known and unknown risks, uncertainties and other factors may cause the actual results or performance to materially differ from any future results or performance expressed or implied by the forward-looking information. These forward-looking statements are subject to numerous risks and uncertainties, certain of which are beyond the control of the Company including, but not limited to, the impact of general economic conditions, industry conditions and dependence upon regulatory approvals. Readers are cautioned that the assumptions used in the preparation of such information, although considered reasonable at the time of preparation, may prove to be imprecise and, as such, undue reliance should not be placed on forward-looking statements. The Company does not assume any obligation to update or revise its forward-looking statements, whether as a result of new information, future events, or otherwise, except as required by securities laws.