Triple One Metals Inc. has successfully closed a financing round, raising $500,000 at $0.01225 per share and issuing 40,816,327 common shares. The funds will be used to pay off debts and for working capital. An insider of the Company subscribed for 3,000,000 common shares, constituting a related party transaction exempt from formal valuation and minority shareholder approval requirements. The Company confirms no undisclosed material facts or changes. Forward-looking statements warn of potential risks and uncertainties in the mineral exploration industry. The Canadian Securities Exchange does not take responsibility for the accuracy of the release.

Read more at GlobeNewswire: Triple One Metals Closes $ 500,000