Proactive - Interviews for investors

TNR Gold's Kirill Klip ascribes 200% share surge for 2025 to M&A momentum

Episode Summary

TNR Gold Corp (TSX-V:TNR, OTC:TRRXF) executive chairman Kirill Klip talked with Proactive's Stephen Gunnion about the company’s 200% share price increase since its last corporate update in May, crediting a disciplined M&A strategy focused on minimizing dilution, reducing administrative costs, and executing growth plans. Klip said, “We are building wealth for our shareholders, and we would like now to focus on another 100% plus for our share price”. He outlined that strategic partnerships are now being considered instead of selling valuable royalty assets, and highlighted the company’s focus on maintaining capital discipline, buying back shares, and distributing cash flow to shareholders. Importantly, TNR does not intend to invest capital into developing the Shotgun Gold Project in Alaska, but rather aims to bring in a major partner to fund the development and potentially spin out the asset. Klip also provided updates on royalty assets. He said the Mariana Lithium project, operated by Ganfeng, is progressing well with initial royalty payments expected within weeks. He also commented on the Los Azules copper project, now backed by Rob McEwen, where royalty revenue could reach up to $10 million per year, with industry valuations of the royalty as high as $50 million. For more videos, visit Proactive’s YouTube channel. Don’t forget to like the video, subscribe to the channel, and enable notifications for future content. #TNRGold #KirillKlip #MiningStocks #Lithium #Copper #Gold #MergersAndAcquisitions #RoyaltyCompany #MarianaLithium #LosAzules #ShotgunGoldProject #InvestorUpdate #ResourceSector #ArgentinaMining #GreenEnergyMetals