- 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.