TRES-OR ACQUISITION OF COMMON SHARES OF KIBOKO GOLD INC.
Vancouver, B.C. – July 7, 2022 - This news release is issued by Tres-Or Resources Ltd. (“Tres-Or” or the “Company”) (TSXV: TRS, OTCPK: TRSFF), pursuant to the early warning requirements of Multilateral Instrument 62-104 and National Instrument 62-103 with respect to common shares of Kiboko Gold Inc., (“Kiboko”).
On June 29, 2022, Tres-Or, acquired 6,002,400 shares of Kiboko pursuant to a property option agreement for total consideration of $1,500,600.
Immediately prior to the acquisition Tres-Or had beneficial ownership and control over nil shares of Kiboko.
Following the acquisition Tres-Or has ownership and control over 6,002,400 shares (13.6%) of Kiboko.
Tres-Or acquired the shares for investment purposes and may acquire or dispose of further shares in the future, although the Company has no current intent to do either.
A copy of the early warning report dated July 7, 2022, will be available on SEDAR under Tres-Or’s profile. Copies of the report will also be available by written request to Tres-Or at 1934 -131st Street, White Rock, B.C., V4A 7R7. For additional information contact Laura Duffett at 1-604-541-8376.
On behalf of the Board of Directors
“Laura Lee Duffett”
Laura Lee Duffett,
President and CEO
Neither the TSX Venture Exchange nor its Regulation Service Provider (as the term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.
About the Company
Tres-Or Resources Ltd. is a Canadian resource company focused on exploring for diamonds and gold resources in the Témiscamingue and Abitibi regions of Québec and is listed on the TSX Venture Exchange under the trading symbol “TRS”. Additional information related to the Company is available on SEDAR and on the Company’s website (www.tres-or.com).