Source: Tudor Gold
  • Tudor Gold (TUD) announced the closing of its non-brokered private placement for gross proceeds of $400,000
  • The company issued 320,000 units at $1.25 per unit
  • Each unit comprises one common share and one common share purchase warrant
  • Tudor Gold is a precious and base metals exploration and development company
  • Tudor Gold Corp. (TUD) is up 2.08 per cent, trading at C$0.98 per share at 11:02 am ET

Tudor Gold (TUD) has announced the closing of its non-brokered private placement for gross proceeds of $400,000.

The company issued 320,000 units at $1.25 per unit, with each unit consisting of one common share and one common share purchase warrant.

Each warrant entitles the holder to purchase one additional common share at $1.75 for two years from issuance date.

Tudor Gold will use the proceeds of the private placement for general operating expenses.

All securities issued will be subject to a statutory four-month hold period, expiring June 15, 2023. 

Tudor Gold is a precious and base metals exploration and development company with properties in British Columbia’s Golden Triangle (Canada).

Tudor Gold Corp. (TUD) is up 2.08 per cent, trading at C$0.98 per share at 11:02 am ET.


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