TDG GOLD Corp. Announces Private Placement and Welcomes New 9.9% Institutional Investor
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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 PRIVATE PLACEMENT AND WELCOMES NEW 9.9% INSTITUTIONAL
INVESTOR
White Rock, British Columbia, October 2, 2023. TDG Gold Corp (TSXV: TDG) (the “Company” or “TDG”)
has arranged a non-brokered private placement of up to 16,176,470 common shares (each, a “Share”) at
a price of C$0.17 per Share to raise proceeds of up to C$2.75 million (the “Offering”). TDG has received a
firm commitment from a new institutional resource sector investor to acquire 11,600,000 Shares through
the Offering and is expected to own approximately 9.9% of TDG’s issued and outstanding common shares
upon completion of the Offering.
Dr. Fletcher Morgan, CEO & Director of TDG commented, “ TDG is pleased to welcome the investment of
our new cornerstone institutional investor and the validation of our systematic evaluation of the potential
of our Toodoggone properties . The proceeds from the offering will allow us to follow up on our exciting
results from Mets, putting TDG in a strong position to complete our existing field programs at our
properties in the Toodoggone mining district, setting us up for an exciting 2024.”
The Shares issued in connection with the Offering will be subject to a four -month and a day hold period.
In addition, the Offering is subject to the approval of the TSX Venture Exchange. Finder’s fees may be
payable on the Offering.
Use of Proceeds
The Company intends to use the proceeds of the Offering to fund the cost of the ongoing exploration
programs at the Company’s projects , with a particular focus on defining the potential of the high grade
Mets gold system (see news releases dated September 7 & 11, 2023) and possible extensions; continuing
to evaluate the potential for a porphyry -style bulk -tonnage copper-gold system at Baker (see news
releases dated July 25, August 15 and September 6, 2023) ; defining a significantly larger Greater Shasta-
Newberry (“GSN”) gold-silver system (see news release dated March 20, 2023) ; and for general working
capital purposes. Work currently underway includes detailed ground -based geophysics at Mets;
continued re -logging and sampling of historic core and analysis of > 225 detailed, system -wide
geochemical sampling at Baker; and re-logging and sampling of historic core from the GSN area outside
of the defined mineral resource (see news release dated May 1, 2023). Results from these programs will
continue to be announced as they become available over the coming months.
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.
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TDG Gold Corp.
Unit 1 - 15782 Marine Drive
White Rock, B.C. V4B 1E6
www.tdggold.com
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 agreement. T DG’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 mineralization occurrences and their potential extensions.
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 within the meaning of applicable securities laws.
Forward-looking information is characterized by words such as “anticipate”, “continue”, “expect”, “may”,
“will”, “should”, “potential”, variants of these words and other similar words, phrases, or statements that
certain events or conditions “may” or “will” occur. In particular, this press release contains forward looking
statements concerning the anticipated completion of the Offering, the potential for extensions to the Mets
mineralization; the potential for bulk tonnage porphyry -style copper gold at Baker; and defining a larger
gold-silver system at Greater Shasta-Newberry. 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 prices, 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
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TDG Gold Corp.
Unit 1 - 15782 Marine Drive
White Rock, B.C. V4B 1E6
www.tdggold.com
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.