December 2, 2011
December 2, 2011 Troymet Exploration Corp. (“Troymet”) 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.
For further information, contact:
Kieran Downes (250) 729-0453
Brian Cebryk (250) 890-0607
Neither the TSX Venture Exchange nor its Regulation Services Provider
(as that term is defined in the policies of the TSX Venture Exchange)
accepts responsibility for the adequacy or accuracy of this news
release. 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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