TomaGold Corporation announced that it has received CAD 0.974125 million in funding
On the same day, the company issued 15,420,455 FT shares at a price of CAD 0.055 per share for gross proceeds of CAD 848,125 and 2.52 million units at a price of CAD 0.05 per unit for gross proceeds of CAD 126,000; aggregate proceeds of CAD 974,125 in its first tranche. The company has paid CAD 56,000 as finder's fees in cash and issued 1,018,181 finder's warrants to an eligible finder. Each finder's warrant entitles the holder thereof to purchase one common share of the corporation at a price of CAD 0.075 for a period of 24 months from its issuance and no insiders participated in the first tranche.