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An announcement from TDG Gold ( (TSE:TDG) ) is now available.
TDG Gold Corp. announced an increase in its non-brokered private placement due to strong investor demand, raising the aggregate gross proceeds to $15,550,000. The company plans to use the funds for continued exploration of its mineral properties in British Columbia, focusing on the Greater Shasta-Newberry project and Baker Complex, as well as for general working capital. The offering and acquisition of the Sofia Property from Skeena Resources Limited are expected to close concurrently, subject to necessary approvals.
More about TDG Gold
TDG Gold Corp. is a significant mineral tenure holder in the historical Toodoggone Production Corridor of north-central British Columbia, Canada. The company owns over 32,000 hectares of brownfield and greenfield exploration opportunities, including the former producing, high-grade gold-silver Shasta and Baker mines, as well as the historical high-grade gold Mets developed prospect.
YTD Price Performance: 246.15%
Average Trading Volume: 536,318
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: C$65.46M
For an in-depth examination of TDG stock, go to TipRanks’ Stock Analysis page.