Eric Sprott announces that, today, he exercised 2,000,000 common share purchase warrants of
Trigon Metals Inc., at $0.20 per common share for aggregate consideration of $400,000. In addition, 4,666,666 Warrants expired unexercised. The partial exercise of such Warrants and expiry represent a decrease in holdings of approximately 6.0% of the outstanding Shares on a partially diluted basis since the date of the last early warning report. Prior to the exercise of these Warrants, Mr. Sprott beneficially owned 31,048,332 Shares and 10,024,166 Warrants representing approximately 15.5% of the outstanding Shares on a non-diluted basis and approximately 19.6% on a partially diluted basis assuming the exercise of such Warrants. As a result of the partial Warrant exercise, Mr. Sprott no...