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TDG Gold ( (TSE:TDG) ) has shared an announcement.
TDG Gold Corp announced the closing of the first tranche of its non-brokered private placement, raising C$4,000,000 through the issuance of 8,000,000 non-flow-through shares. The company plans to use the funds for ongoing exploration efforts in British Columbia and general working capital. The completion of the final tranche is linked to the acquisition of the Sofia Property from Skeena Resources Limited and is pending regulatory approval. The transaction involves insider participation, with board approval obtained under MI 61-101 exemptions. This development aims to enhance TDG’s operational capabilities and strengthen its market position.
More about TDG Gold
TDG Gold Corp is a company in the mining industry, focusing on the exploration and development of mineral properties in British Columbia, with a particular emphasis on the Greater Shasta-Newberry project and Baker Complex.
YTD Price Performance: 338.46%
Average Trading Volume: 749,211
Technical Sentiment Consensus Rating: Sell
Current Market Cap: C$82.92M
See more insights into TDG stock on TipRanks’ Stock Analysis page.