TDG GOLD Corp. Announces Closing of First Tranche Non-Brokered Private Placement
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TDG Gold Corp.
Unit 1 - 15782 Marine Drive
White Rock, B.C. V4B 1E6
www.tdggold.com
NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE
UNITED STATES
TDG GOLD CORP. ANNOUNCES CLOSING OF FIRST TRANCHE NON-BROKERED PRIVATE PLACEMENT
White Rock, British Columbia, October 10, 2023. TDG Gold Corp (TSXV: TDG) (the “Company” or “TDG”)
is pleased to announce that it has closed the first tranche of the non -brokered private placement
previously announced on October 2, 2023 (the “Offering”), through the issuance of 11,700,000 common
shares (each, a “Share”) at a purchase price of C$0.17 per Share, for total gross proceeds of C$1,989,000
(the “First Tranche”).
In connection with the First Tranche, the Company paid a cash finder’s fee of C$19,720 to an arm’s length
finder of the Company.
All Shares issued in connection with the First Tranche are subject to a four-month and one day hold period,
in accordance with applicable securities laws and the TSX Venture Exchange (the “Exchange”) policies.
The Offering is subject to the approval of the Exchange.
The Company intends to use the net proceeds of the Offering for continued exploration on the Company’s
mineral properties, and general working capital. Further details regarding the Offering and the proposed
use of proceeds are contained in the press release of the Company dated October 2, 2023.
Caution to US Investors
This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities
in the United States. The securities have not been and will not be registered under the United States
Securities Act of 1933, as amended (the “U.S. Securities Act”) or any state securities laws and may not be
offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act
and applicable state securities laws or an exemption from such registration is available.
About TDG Gold Corp.
TDG is a major mineral tenure holder in the historical Toodoggone Production Corridor of north -central
British Columbia, Canada, with over 23,000 hectares of brownfield and greenfield exploration
opportunities under direct ownership or earn -in a greement. TDG’s flagship projects are the former
producing, high-grade gold-silver Shasta and Baker mines, which produced intermittently between 1981-
2012, and the historical high-grade gold Mets developed prospect, all which are all road accessible, and
combined have over 65,000 m of historical drilling. The projects have been advanced through compilation
of historical data, new geological mapping, geochemical and geophysical surveys and, at Shasta, 13,250
m of modern HQ drill testing of the known mine ralization occurrences and their potential extensions. In
May 2023, TDG published an updated Mineral Resource Estimate for Shasta (see TDG news release May
01, 2023) which remains open at depth and along strike. In January 2023, TDG defined a larger exploration
target area adjacent to Shasta (Greater Shasta- Newberry; see TDG news release January 25, 2023 ). In
September 2023, TDG published the first modern drill results from the Mets mining lease (see TDG news
release September 07, 2023).
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TDG Gold Corp.
Unit 1 - 15782 Marine Drive
White Rock, B.C. V4B 1E6
www.tdggold.com
ON BEHALF OF THE BOARD
Fletcher Morgan
Chief Executive Officer
For further information contact:
TDG Gold Corp.,
Telephone: +1.604.536.2711
Email: [email protected]
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies
of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
This news release contains forward looking statements within the meaning of applicable securities laws.
Forward-looking information is characterized by words such as “anticipate”, “continue”, “expect”,
“intends”, “potential”, “proposed”, variants of these words and other similar words, phrases, or
statements that certain events or conditions “may” , “should” or “will” occur . In particular, this press
release contains forward looking statements concerning the anticipated use of proceed, whether or not
there will be additional tranches to the financing and the terms and conditions thereof. Although the
Company believes that the expectations and assumptions on which the forward looking statements are
based are reasonable, undue reliance should not be placed on the forward looking statements because the
Company cannot give any assurance that they will prove correct. Since forward looking statements
address future events and conditions, they involve inherent assumptions, risks and uncertainties. Actual
results could differ materially from those currently anticipated due to a number of assumptions, factors
and risks. These assumptions and risks include, but are not limited to, assumptions and risks associated
with the state of financial markets and metals p rices, and receipt of regulatory approvals. Although the
Company believes that the assumptions and factors used in preparing the forward-looking information in
this news release are reasonable, undue reliance should not be placed on such information. The Company
disclaims any intention or obligation to update or revise any forward- looking information, other than as
required by applicable securities laws.