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TDG.V ·

TDG GOLD Corp. Announces Extension of Non-Brokered Private Placement

Financings

TDG Gold Corp.

Unit 1 - 15782 Marine Drive

White Rock, B.C. V4B 1E6

www.tdggold.com

Page 1 of 2

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE

UNITED STATES

TDG GOLD CORP. ANNOUNCES EXTENSION OF NON-BROKERED PRIVATE PLACEMENT

White Rock, British Columbia, May 6 , 2024 – TDG Gold Corp (TSXV: TDG) (the “Company” or “TDG”)

announces that it has extended the closing of the non-brokered private placement previously announced on

February 22, 2024, April 4, 2024, April 11, 2024, and May 3, 2024 (the “Offering”) to on or around June 8,

2024.

As previously described , t he Offering will consist of a combination of charity flow -through units of the

Company (the “Charity FT Units”) at a price of $0.20 per Charity FT Unit, flow-through units of the Company

(the “FT Units”) at a price of $0.16 per FT Unit, and non-flow-through units of the Company (the “NFT Units”)

at a price of $0.14 per NFT Unit, for aggregate gross proceeds of up to $2,000,000.

The Company intends to use the net proceeds of the Offering for continued exploration on TDG’s mineral

properties, and general working capital.

The securities issued in connection with the Offering will be subject to a four-month and a day hold period.

The Offering is subject to certain conditions including, but not limited to, the receipt of all necessary

regulatory and other approvals including the approval of the TSX Venture Exchange. Finder’s fees will be

payable in the Offering.

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. 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 of which are 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

mineralization occurrences and their potential extensions. In May 2023, TDG published an updated Mineral

Resource Estimate for Shasta (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’; TDG news release Jan 25, 2023). In Fall 2023, TDG published the first modern drill results from

the Mets mining lease (TDG news releases Sep 07, 2023, Sep 11, 2023 and Nov 28, 2023). In early 2024, TDG

identified new copper-gold target areas over an expanded footprint covering ~53 sq.km known as the ‘Baker

Complex’ (TDG news release Feb 28, 2024).

TDG Gold Corp.

Unit 1 - 15782 Marine Drive

White Rock, B.C. V4B 1E6

www.tdggold.com

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Qualified Person

The technical content of this news release has been reviewed and approved Steven Kramar, MSc., P.Geo.,

Vice President, Exploration for TDG Gold Corp., a qualified person as defined by National Instrument 43-101.

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 that are based on the Company’s current expectations

and estimates. Forward-looking statements are frequently characterized by words such as “plan”, “expect”,

“project”, “intend”, “believe”, “anticipate”, “estimate”, “suggest”, “indicate” and other similar words or

statements that certain events or conditions “may” or “will” occur. Forward looking statements in this press

release include statements regarding the closing of the Offering and the amount of funds to be raised by the

Company, the anticipated closing date, the final acceptance of the TSX Venture Exchange and the planned use

of proceeds of the Offering. Such forward-looking statements involve known and unknown risks, uncertainties

and other factors that could cause actual events or results to differ materially from estimated or anticipated

events or result s implied or expressed in such forward - looking statements. Such factors include, among

others: the state of the equity financing markets in Canada and other jurisdictions; the receipt of regulatory

approvals; fluctuations in metals prices, the actual results of current exploration activities; conclusions of

economic evaluations; changes in project parameters as plans to continue to be refined; possible variations in

ore grade or recovery rates; accidents, labour disputes and other risks of the mining industry; and delays in

obtaining governmental approvals or financing. There may be other factors that cause actions, events or

results not to be as anticipated, estimated or intended. Any forward-looking statement speaks only as of the

date on which it is made and, except as may be required by applicable securities laws, the Company disclaims

any intent or obligation to update any forward -looking statement, whether as a result of new information,

future events or results or otherwise. Forward-looking statements are not guarantees of future performance

and accordingly undue reliance should not be put on such statements due to the inherent uncertainty therein.