TDG Gold Corp. announced a non-brokered private placement of non-flow through units at a price of CAD 0.50 per non-flow through unit, flow-through shares at a price of CAD 0.65 per flow-through share and flow-through unit at a price of CAD 0.725 per flow-through unit for total gross proceeds of CAD 5,000,000 on November 10, 2021. Each non-flow through unit will consist of one common share of the company and one-half of one share purchase warrant.

Each warrant entitles the holder thereof to purchase one share of the company at a price of CAD 0.75 per share for a period of twenty-four months from the closing date of the offering. Each flow-through unit consist of one share and one-half of one warrant. Each warrant entitles the holder thereof to purchase one share of the company at a price of CAD 0.75 per share for a period of twenty-four months from the closing date.

The company will pay finders' fee in the transaction. The securities issued in connection with the transaction will be subject to a four-month and a day hold period for non-flow through unit and flow-through unit. The transaction is subject to the approval of the TSX Venture Exchange.