In connection with the First Tranche, the Company paid a cash finder's fee of
All Shares issued in connection with the First Tranche are subject to a four-month and one day hold period, in accordance with applicable securities laws and the
The Company intends to use the net proceeds of the Offering for continued exploration on the Company's mineral properties, and general working capital. Further details regarding the Offering and the proposed use of proceeds are contained in the press release of the Company dated
Caution to US Investors
This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in
About
TDG is a major mineral tenure holder in the historical Toodoggone Production Corridor of north-central
Contact:
Tel: +1.604.536.2711
Email: info@tdggold.com
This news release contains forward looking statements within the meaning of applicable securities laws. Forward-looking information is characterized by words such as 'anticipate', 'continue', 'expect', 'intends', 'potential', 'proposed', variants of these words and other similar words, phrases, or statements that certain events or conditions 'may', 'should' or 'will' occur. In particular, this press release contains forward looking statements concerning the anticipated use of proceed, whether or not there will be additional tranches to the financing and the terms and conditions thereof. Although the Company believes that the expectations and assumptions on which the forward looking statements are based are reasonable, undue reliance should not be placed on the forward looking statements because the Company cannot give any assurance that they will prove correct. Since forward looking statements address future events and conditions, they involve inherent assumptions, risks and uncertainties. Actual results could differ materially from those currently anticipated due to a number of assumptions, factors and risks. These assumptions and risks include, but are not limited to, assumptions and risks associated with the state of financial markets and metals prices, and receipt of regulatory approvals.
(C) 2023 Electronic News Publishing, source