TomaGold (TSE:LOT) has released an update.
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TomaGold Corporation has successfully closed the second tranche of its non-brokered private placement, raising $152,000 from 7,600,000 common shares and $80,000 from 3,200,000 flow-through shares. The company has issued a total of 7,600,000 common shares and 13,800,000 flow-through shares in the private placement’s first and second tranches, with potential additional closings by January 20, 2025. This transaction involved related parties, with insiders acquiring shares, but it remains exempt from certain valuation and approval requirements.
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