TomaGold Announces Closing of $2.5 Million Strategic Investment by IAMGOLD
PRESS RELEASE
TSXV: LOT
TomaGold Announces Closing of $2.5 Million
Strategic Investment by IAMGOLD
Montreal, Quebec, August 14, 2017 - TOMAGOLD CORPORATION (TSXV: LOT) (“TomaGold” or the
“Corporation”) is pleased to announce the closing of the transaction with IAMGOLD Corporation
("IAMGOLD") announced on Au gust 10, 2017 . As a result, TomaGold has issued 27,777,777 common
shares to IAMGOLD for gross proceeds of $2,500,000.
The proceeds from the private placement will be primarily used for exploration on TomaGold’s
properties, as well as for working capital and general corporate purposes.
The common shares issued under this t ransaction are subject to a hold period of four months and one
day from the closing date in accordance with applicable Canadian securities laws.
About TomaGold Corporation
TomaGold Corporation is a Canadian mineral exploration company engaged in the acquisition,
assessment, exploration and development of gold mineral properties. To optimize its chances of
discovery and minimize its exploration risk, TomaGold aims to develop high -grade gold properties with
major mining companies. It currently has joint venture agreement s with IAMGOLD Corporation for the
Monster Lake project , with Goldcorp Inc. for the Sidace Lake property , and with Goldcorp Inc. and New
Gold Inc. for the Baird property . TomaGold has interests in six gold properties in northern Quebec:
Monster Lake, Winchester, Lac -à-l'Eau-Jaune, Monster Lake East, Obalski and Lac Cavan near the
Chibougamau mining camp. It also holds a 39.5% interest in the Sidace Lake property and a 24.5% in the
Baird property near the Red Lake mining camp in Ontario. Finally, it has an option to acquire a 70%
interest in the Hazeur property, at the southern edge of the Monster Lake group of properties.
Contact:
David Grondin
President and Chief Executive Officer
(514) 583-3490
www.tomagoldcorp.com
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