Welcome to our dedicated page for Trigon Metals news (Ticker: PNTZF), a resource for investors and traders seeking the latest updates and insights on Trigon Metals stock.
Trigon Metals Inc. (PNTZF; TSX-V: TM) is a Canadian exploration and development company focused on copper and silver projects in Namibia and Morocco. The news flow around Trigon centers on exploration milestones, project-level transactions, financing arrangements and corporate updates that shape the company’s strategy in African mining jurisdictions.
Recent announcements highlight a planned strategic transition driven by the proposed sale of Trigon’s interest in the Kombat Mine in Namibia to an affiliate of Horizon Corporation. News releases detail shareholder approval for this transaction, competition authority clearance in Namibia, loan amendments with Horizon to support operations during the transition and the structure of instalment payments and royalties tied to the mine’s future performance.
Investors following Trigon’s news can also expect updates on exploration progress at the Addana and Silver Hill projects in Morocco and at the Kalahari Copperbelt Project in Namibia. The company has reported drone-based aeromagnetic surveys, 3D inversion results and the definition of new exploration targets, as well as the launch of an inaugural drilling campaign at Addana targeting silver-bearing polymetallic vein systems.
Additional disclosures include financial reporting such as quarterly and annual results, information on private placements, and changes in significant shareholdings, including early warning reports related to large investors. For those tracking copper and silver exploration activity in Africa, Trigon’s news provides insight into project advancement, capital structure developments and the execution of its exploration-focused strategy.
Trigon Metals (OTCQB: PNTZF) announced an AGM on March 5, 2026 to vote on changing its name to Safi Silver as it shifts focus to polymetallic silver exploration in Morocco after divesting Kombat. The company said the Kombat sale generated US$24M in cash plus a potential US$13M in bonuses and royalties. Leadership changes include Jed Richardson resuming as President and Dr. Andreas Rompel promoted to Chief Exploration Officer; two Namibia-based operations executives have departed. The company intends to reprice 2,500,000 warrants from $1.50 to $0.50 (subject to TSX-V approval) and adopted an RSU/DSU plan reserving 5,500,000 shares.
Eric Sprott announced that 2,500,000 warrants of Trigon Metals (OTC: PNTZF) expired unexercised on October 24, 2025, reducing his partially diluted holdings by approximately 5.8%.
Prior to expiry he beneficially owned 6,509,666 common shares and 2,500,000 warrants (about 11.9% non-diluted; 15.7% partially diluted). After expiry he continues to beneficially own 6,509,666 shares representing 11.9% non-diluted. The partial-dilution change exceeded 2%, prompting an updated early warning filing. Securities are held for investment; Mr. Sprott may buy or sell additional securities in the future.
Trigon Metals (OTCPK: PNTZF) announced the start of its inaugural diamond drill program at the Addana Project in southern Morocco, scheduled to commence before the end of October 2025.
The campaign comprises 12 holes totaling up to 2,000 m (target depth 150–200 m per hole), targeting structurally controlled silver‑lead polymetallic veins across a 112 km² permit package. Historic surface assays reached 564 g/t Ag, 24.8% Pb, and 5.3% Zn. Local contractor Geasond Maroc is mobilized and a core shack and QA/QC program are in place.
Trigon Metals (OTCPK: PNTZF) has received approval from the Namibian Competition Commission for the sale of its Kombat Mine interest to Horizon Corporation, effective September 12, 2025. This approval represents a crucial step toward finalizing the previously announced transaction.
The deal includes Epangelo Mining's 10% shareholding, maintaining local community involvement. Horizon Corporation has expressed commitment to implementing a project expansion phase and mine restart, while the transaction remains subject to final TSX Venture Exchange approval.
Trigon Metals maintains its focus on copper and silver holdings in African jurisdictions, including the Kalahari Copperbelt Project in Namibia and two exploration projects in Morocco - Addana and Silver Hill.
Trigon Metals (OTCPK: PNTZF) has announced the filing of its Q1 financial statements and MD&A for the period ended June 30, 2025. The company, which focuses on copper and silver exploration in Africa, maintains operations in both Namibia and Morocco.
The company's key assets include the Kalahari Copperbelt Project in Namibia and two exploration projects in Morocco - the Addana project (silver-bearing veins) and the Silver Hill project (sedimentary copper prospect).
Trigon Metals (OTCPK: PNTZF) has completed a crucial drone-based aeromagnetic survey at its Kalahari Copper Project in Namibia. The survey revealed two significant targets: the Heimat Fold Closure and Bushman Dome, both showing promising geological structures for copper mineralization.
The survey area, covered by thick Kalahari sand (>40m), is strategically located near the Fiesta-Fortuna Prospect. The company's 3D inversion of magnetic data has identified the depth of the prospective Ngwako Pan/D'Kar contact along the Heimat Dome's hinge zone, which will guide Trigon's maiden drilling program.
The exploration strategy focuses on domal features with either exposed Ngwako Pan/D'Kar contact or intact D'Kar "roof," representing a significant advancement from early-stage reconnaissance to a targeted approach based on detailed geophysics.
Trigon Metals (OTCPK:PNTZF) reported Q4 2025 financial results, marked by operational challenges and strategic shifts. The company produced 310,190 pounds of copper and 6,878 ounces of silver before suspending operations at Kombat Mine due to flooding in January 2025. Despite operational setbacks, Trigon posted net income of $18.1 million ($0.38 per share), primarily due to impairment reversals.
Key financial metrics include revenue of $1.92 million and adjusted EBITDA of ($906,952). The C1 cash cost was $7.50 per pound, elevated due to low copper production and recovery rates. Significantly, Trigon signed a $24 million agreement to sell its Kombat Mine interest to Kamino Mineral Ltd., with payments structured over eight quarterly installments.
The company completed a $2.53 million private placement and is shifting focus to exploration projects in Morocco and Namibia, including the Silver Hill, Addana, and Kalahari Copperbelt projects.
Trigon Metals (OTC: PNTZF) has amended its loan agreement with Horizon Corporation Limited to secure additional funding of up to $7.2 million USD for its Kombat Mine operations in Namibia. The amendment provides for monthly tranches of approximately $255,000 USD, starting July 31, 2025.
This funding extension follows a previous $4 million USD loan from Horizon and will continue until the closing of Trigon's proposed sale of its Kombat mine interest to Horizon. Notably, all obligations related to these additional tranches will be transferred to Horizon upon the transaction's completion, effectively releasing Trigon from the debt.
Trigon Metals (OTC: PNTZF) announced the results of its Annual and Special Meeting held on July 4, 2025. Shareholders overwhelmingly approved the sale of the company's interest in the Kombat mine to Kamino Minerals Limited, with over 99% of votes in favor. The meeting also saw the approval of board director nominees, appointment of auditors, and the company's stock option plan.
Trigon Metals operates in Namibia and Morocco, with its core business focused on copper and silver holdings. In Namibia, the company maintains an 80% interest in five mining licenses in the Otavi Mountainlands region, known for high-grade copper deposits.
Trigon Metals (TSX-V: TM, OTCQB: PNTZF) has announced an annual and special meeting of shareholders scheduled for June 11, 2025, to vote on the proposed sale of its Kombat Mine interest to Horizon The company is finalizing the share purchase agreement, with execution expected in the coming days.
The transaction, subject to regulatory approvals and shareholder consent, will transform Trigon from an under-capitalized operator to a well-funded exploration company. This strategic move will enable Trigon to focus on advancing its copper and silver exploration projects in Morocco and the Kalahari Copper Project in Namibia.
The deal includes potential payments of up to US$40M plus a royalty structure. According to CEO Jed Richardson, this transaction will allow the company to concentrate efforts on areas with highest growth potential while potentially returning capital to shareholders over time. Shareholders of record as of May 6, 2025, will receive detailed information about the transaction.
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