Troymet Director Participates in Gypsy Swap
December 02 2011 - 10:50AM
Marketwired Canada
Troymet Exploration Corp. ("Troymet") (TSX VENTURE:TYE) announces that Dr.
Kieran Downes, President & CEO and a Director of Troymet, sold through the
facilities of the TSX Venture Exchange and other markets 1,000,000 Common Shares
of Troymet at a price of $0.055 per share to clients of Canaccord Financial Inc.
from his personal holdings. Dr. Downes will be using the funds from this sale to
subscribe for Units and/or flow-through shares pursuant to the proposed
non-brokered private placement of Troymet announced on November 28, 2011.
This press release may contain certain forward-looking information. All
statements included herein, other than statements of historical fact, is
forward-looking information and such information involves various risks and
uncertainties. There can be no assurance that such information will prove to be
accurate, and actual results and future events could differ materially from
those anticipated in such information. A description of certain assumptions used
to develop such forward-looking information and a description of risk factors
that may cause actual results to differ materially from forward-looking
information can be found in the company's disclosure documents on the SEDAR
website at www.sedar.com. The company does not undertake to update any
forward-looking information except in accordance with applicable securities
laws.
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