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TDG Gold ( (TSE:TDG) ) just unveiled an announcement.
TDG Gold Corp. announced its plan to complete a $14.5 million private placement, which includes a strategic investment by Skeena Resources Limited and the acquisition of the Sofia Property. This move aims to enhance TDG’s exploration activities in the Toodoggone District, particularly at the Greater Shasta-Newberry project, following the recent AuRORA gold-rich porphyry discovery. The acquisition of the Sofia Property, which is contiguous with TDG’s existing claims, is expected to expand their exploration potential without diverting focus from their core projects. The private placement and acquisition are pending necessary regulatory approvals.
More about TDG Gold
TDG Gold Corp. operates in the mining industry, focusing on the exploration and development of mineral properties. They are primarily engaged in identifying and expanding gold and silver deposits, with a significant market focus on mineral claims in British Columbia’s Toodoggone District.
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.