Trio Gold Corp.
PINK SHEETS : TROOF
TSX VENTURE : TGK

Trio Gold Corp.

May 30, 2006 17:56 ET

Trio Gold Corp.: News Release

CALGARY, ALBERTA--(CCNMatthews - May 30, 2006) - TRIO GOLD CORP. (TSX VENTURE:TGK) (Pink Sheets:TROOF) The company has completed the non-brokered private placement of 4,000,000 units at twelve cents ($0.12) per unit, which was announced in Trio's press release on April 20, 2006 for gross proceeds of CDN $480,000.00. Each unit consists of one common share and one common share purchase warrant. Each warrant entitles the holder to purchase one common share of the corporation at a price of sixteen cents ($0.16) per share, on or before the close of business on May 29, 2007. The funds will be used for evaluation of new property acquisition and working capital.

The company received approval from the TSX Venture Exchange on May 25, 2006 to extend the expiry date of the outstanding warrants pursuant to a private placement of 5 million units on May 27, 2005. The new expiry date of these warrants will be November 26, 2006 and the exercise price will remain at $0.15 per unit.


The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

Contact Information

  • TRIO GOLD CORP.
    Mr. Harry Ruskowsky
    President & CEO
    or
    TRIO GOLD CORP.
    Mr. Harry Stech
    (403) 262-9640
    or
    TRIO GOLD CORP.
    Suite 145, 251 Midpark Blvd. S.E.
    Calgary, Alberta T2X-1S3
    (403) 262-9640
    (403) 262-9759 (FAX)
    E-Mail: trio@triogold.com
    Website: www.triogold.com