TRU Precious Metals Corp. Concludes Normal Course Issuer Bid

TRU Precious Metals Corp. (TSXV:TRU)(OTCQB:TRUIF)(FSE:706) has announced the immediate termination of its normal course issuer bid (NCIB), initially declared on December 7, 2023. The NCIB aimed to purchase and cancel up to 9,668,743 common shares, representing 10% of the company's outstanding public float.

The NCIB began on December 11, 2023, and was scheduled to end on December 10, 2024, unless concluded earlier. TRU completed share purchases through open market transactions via the TSXV and other exchanges, adhering to a maximum aggregate purchase price of $150,000 plus brokerage commissions. The maximum price per share was set at $0.04.

As of August 12, 2024, TRU had repurchased 4,934,000 shares at an average price of $0.029, representing approximately 3% of the outstanding shares at the NCIB's commencement. All repurchased shares will be canceled.