- TDG Gold Corp. (TDG) has added flow-through shares to its previously announced private placement
- The offering will now consist of a combination of charity flow-through shares, FT shares and common shares for aggregate gross proceeds of up to $10 million
- The offering is scheduled to close on or about April 7, 2022
- TDG is a mineral claim holder in north-central British Columbia whose projects include the high grade gold-silver Shasta, Baker, and Mets mines
- TDG Gold Corp. (TDG) opened trading at C$0.50 per share
TDG Gold Corp. (TDG) has added flow-through shares to its previously announced private placement.
The offering will now consist of a combination of charity flow-through shares priced at $0.60, FT shares priced at $0.55 and common shares priced at $0.42, for aggregate gross proceeds of up to $10 million.
The agents have the option to sell up to an additional 15 per cent of the charity FT shares, FT shares and/or common shares at any time for a period of up to 48 hours prior to the closing date of the offering.
“TDG is pleased to have received the support from several significant new institutional investors and looks forward to closing this successful financing,” said Fletcher Morgan, Chief Executive Officer, TDG.
The agents will receive a cash fee and compensation warrants.
The offering is scheduled to close on or about April 7, 2022, and is subject to the approval of the TSX Venture Exchange.
TDG is a mineral claim holder in north-central British Columbia, and its flagship projects are the former producing, high-grade gold-silver Shasta, Baker, and Mets mines.
TDG Gold Corp. (TDG) opened trading at C$0.50 per share.