Latest News

VANCOUVER, BRITISH COLUMBIA–(Marketwired – June 14, 2013) – True North Gems Inc. (TSX VENTURE:TGX) (“True North” or the “Company”) is pleased to announce the partial closing of the second tranche of its previously announced financing, for an amount of $2,441.964.39 through the sale of 27,132,938 Class A shares (“Shares”). The remainder of the second tranche … Read More > TRUE NORTH GEMS COMPLETES PARTIAL CLOSE OF SECOND TRANCHE FINANCING FOR $2.4 MILLION

VANCOUVER, BRITISH COLUMBIA–(Marketwired – June 13, 2013) – True North Gems Inc. (TSX VENTURE:TGX) (“True North” or the “Company”) is pleased to announce shareholders approved all resolutions brought before them at the Company’s Annual General Meeting (“AGM”) held in Vancouver, British Columbia on June 13, 2013. The Company looks forward to moving the Aappaluttoq Ruby … Read More > TRUE NORTH GEMS ANNOUNCES AGM RESULTS

VANCOUVER, BRITISH COLUMBIA–(Marketwired – June 10, 2013) – True North Gems Inc. (the “Company”) (TSX VENTURE:TGX) are pleased to announce that the Greenland Government have determined that the Company’s application for exploitation permit regarding the Aappaluttoq Ruby Deposit in SW Greenland can proceed into the Public Hearing stage. This acceptance is a major milestone in … Read More > GREENLAND GOVERNMENT INITIATES PUBLIC HEARING PROCESS FOLLOWING ACCEPTANCE OF TRUE NORTH GEMS EXPLOITATION PERMIT APPLICATION

VANCOUVER, BRITISH COLUMBIA–(Marketwired – May 27, 2013) – True North Gems Inc. (TSX VENTURE:TGX) (“True North” or the “Company”) is pleased to provide an update respecting its previously announced brokered private placement pursuant to a best efforts agency agreement (the “Agency Agreement”) with Casimir Capital LP (“Casimir”) under which True North has agreed to issue … Read More > TRUE NORTH GEMS TO CLOSE SECOND TRANCHE OF BROKERED PRIVATE PLACEMENT

VANCOUVER, BRITISH COLUMBIA–(Marketwired – April 8, 2013) – True North Gems Inc. (TSX VENTURE:TGX) (“True North” or the “Company”) is pleased to announce that it has completed the first tranche of its previously announced brokered private placement under a best efforts agency agreement (the “Agency Agreement”) with Casimir Capital LP (“Casimir”). True North received gross … Read More > TRUE NORTH GEMS COMPLETES $500,000 FIRST TRANCHE OF BROKERED PRIVATE PLACEMENT

VANCOUVER, BRITISH COLUMBIA–(Marketwire – March 25, 2013) – True North Gems Inc. (TSX VENTURE:TGX) (“True North” or the “Company”) is pleased to announce that it will be entering into a best efforts agency agreement (the “Agency Agreement”) with Casimir Capital LP (“Casimir”), for a brokered private placement of up to 175,000,000 Class A common shares … Read More > TRUE NORTH GEMS ANNOUNCES $15.75 MILLION STRATEGIC INVESTMENT BY LENOMI HOLDINGS

VANCOUVER, BRITISH COLUMBIA–(Marketwire – Feb. 27, 2013) – True North Gems Inc. (TSX VENTURE:TGX) (“True North” or the “Company”) announces it has entered into a financial agreement with Greenland Venture A/S (“Greenland Venture”), the largest private equity fund in Greenland. Greenland Venture will invest a total of 4.5 million DKK (equivalent to approximately $800,000 CDN) … Read More > TRUE NORTH GEMS ENTERS FINANCIAL AGREEMENT WITH GREENLAND'S LARGEST PRIVATE EQUITY FUND

VANCOUVER, BRITISH COLUMBIA–(Marketwire – Jan. 28, 2013) – True North Gems Inc. (TSX VENTURE:TGX) (“True North” or the “Company”) announces it has entered into an agreement to sell its 100% interest in 43 mineral claims located in the Finlayson District of the Yukon Territories to Pacific Ridge Exploration Ltd. The claims are located in proximity … Read More > TRUE NORTH GEMS COMPLETES SALE OF FYRE LAKE PROPERTIES

VANCOUVER, BRITISH COLUMBIA–(Marketwire – Jan. 21, 2013) – True North Gems Inc. (TSX VENTURE:TGX) (“True North” or the “Company”) announces it has entered into an agreement to sell its 100% interest in the Bandito project in the Yukon Territory to Endurance Gold Corporation (TSX VENTURE:EDG) (“Endurance”) for a combination of shares and cash. True North … Read More > TRUE NORTH GEMS COMPLETES SALE OF YUKON RARE EARTH PROJECT

VANCOUVER, BRITISH COLUMBIA–(Marketwire – Dec. 21, 2012) – True North Gems Inc. (TSX VENTURE:TGX) announces that it has granted 3,950,000 stock options to its directors, officers and consultants. The options have an exercise price of $0.10 per share and will expire on December 21, 2017. This document contains “forward-looking information” and “forward-looking statements” (together, “forward … Read More > TRUE NORTH GEMS GRANTS STOCK OPTIONS

VANCOUVER, BRITISH COLUMBIA–(Marketwire – Nov. 20, 2012) – True North Gems Inc. (TSX VENTURE:TGX) (“True North” or the “Company”) is pleased to announce the signing of a Letter of Intent (“LOI”) with Greenland Mining Services A/S (“GMS”). Under this agreement GMS will provide the majority of capital costs to become a 20% shareholder in True … Read More > TRUE NORTH GEMS SIGNS PARTNERSHIP AGREEMENT TO CONSTRUCT AND OPERATE THE AAPPALUTTOQ RUBY PROJECT

VANCOUVER, BRITISH COLUMBIA–(Marketwire – Nov. 6, 2012) – True North Gems Inc. (the “Company”) (TSX VENTURE:TGX) announces that it has raised gross proceeds of $368,700 in the final closing of the non-brokered private placement announced on July 31, 2012. The funds were raised through the issuance of 7,374,000 units at a price of $0.05 per unit. Each unit is comprised of one common share and one-half non-transferable common share purchase warrant, each warrant is exercisable for one additional common share for a period of one year at a price of $0.12 per share.

VANCOUVER, BRITISH COLUMBIA–(Marketwire – Oct. 18, 2012) – True North Gems Inc. (the “Company”) (TSX VENTURE:TGX) is pleased to announce the appointment of Mr. W. Graham Nicholls as Executive Vice President. Reporting directly to the President and CEO, Mr. Nicholls will concentrate on finalizing the exploitation permit and the rapid commissioning of the Aappaluttoq Ruby … Read More > TRUE NORTH GEMS APPOINTS EXECUTIVE VICE PRESIDENT

VANCOUVER, BRITISH COLUMBIA–(Marketwire – Oct. 18, 2012) – A Correction from Source is issued with respect to the release issued earlier today at 9:30 AM ET. Changes have been applied to the first paragraph, and the corrected version follows. True North Gems Inc. (the “Company”) (TSX VENTURE:TGX) is pleased to announce the appointment of Mr. … Read More > CORRECTION FROM SOURCE: TRUE NORTH GEMS APPOINTS EXECUTIVE VICE PRESIDENT

VANCOUVER, BRITISH COLUMBIA–(Marketwire – Oct. 17, 2012) – True North Gems Inc. (TSX VENTURE:TGX) (the “Company”) is pleased to announce the appointment of Mr. Ronald Hall as Vice President of Engineering. Mr. Hall brings over 35 years of diverse industry experience to this new role. As a consultant, Mr. Hall has been advising the Company … Read More > TRUE NORTH GEMS APPOINTS VICE PRESIDENT OF ENGINEERING

VANCOUVER, BRITISH COLUMBIA–(Marketwire – Aug. 21, 2012) – True North Gems Inc. (the “Company”) (TSX VENTURE:TGX) is pleased to announce that the formal translation of the Social Impact Assessment (SIA) report has commenced into both Greenlandic and Danish. “This is another major milestone for the Aappaluttoq Ruby Project,” Stated Nicholas Houghton, President and CEO. “With … Read More > TRUE NORTH GEMS COMPLETES TRANSLATION OF ENVIRONMENTAL IMPACT ASSESSMENT AND COMMENCES TRANSLATION OF SOCIAL IMPACT ASSESSMENT REPORT PRIOR TO PUBLIC MEETINGS

VANCOUVER, BRITISH COLUMBIA–(Marketwire – Aug. 13, 2012) – True North Gems Inc. (the “Company”) (TSX VENTURE:TGX) announces that it has raised gross proceeds of $725,400 in an initial closing of the non-brokered private placement announced on July 31, 2012. The funds were raised through the issuance of 14,508,000 units at a price of $0.05 per … Read More > TRUE NORTH GEMS COMPLETES $725,400 FIRST TRANCHE OF ITS $1 MILLION PRIVATE PLACEMENT

VANCOUVER, BRITISH COLUMBIA–(Marketwire – July 31, 2012) – True North Gems Inc. (the “Company”) (TSX VENTURE:TGX) announces it intends to conduct a non-brokered private placement of up to 20,000,000 units at a price of $0.05 per unit, subject to regulatory approval. Each unit will be comprised of one common share and one half non-transferable common … Read More > TRUE NORTH GEMS ANNOUNCES $1.0M PRIVATE PLACEMENT

VANCOUVER, BRITISH COLUMBIA–(Marketwire – June 25, 2012) – True North Gems Inc. (TSX VENTURE:TGX) (the “Company”) announces that its Board of Directors has initiated a strategic review process to consider strategic alternatives that have presented themselves to the Company, with a view to enhancing shareholder value. Strategic alternatives may include, but are not limited to, … Read More > TRUE NORTH GEMS TO APPOINT SPECIAL COMMITTEE

VANCOUVER, BRITISH COLUMBIA–(Marketwire – June 11, 2012) – True North Gems Inc. (the “Company”) (TSX VENTURE:TGX) is pleased to announce that the final draft of the Environmental Impact Assessment (EIA) report has been completed and formal translation into both Greenlandic and Danish is underway. “This is a major milestone for the Aappaluttoq Ruby Project,” stated … Read More > TRUE NORTH GEMS INITIATES TRANSLATION OF ENVIRONMENTAL IMPACT ASSESSMENT REPORT PRIOR TO PUBLIC MEETINGS