TDG GOLD Corp. Closes $1.6M Second Tranche 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. CLOSES $1.6M SECOND TRANCHE PRIVATE PLACEMENT
White Rock, British Columbia, December 23, 202 1. TDG Gold Corp (TSXV: TDG) (the “Company” or
“TDG”) has closed the second tranche of its non -brokered private placement (the “Offering”), through
the issuance of 1,075,000 units (each, a “NFT Unit”) at a price of C$0.50 per NFT Unit and 1,993,182 flow-
through units (each, a “FT Unit”) at a price of C$0. 55 per FT Unit raising proceeds totaling C$1,633,750
(the “Offering”). The first tranche closed on December 16, 2021, bringing the total of tranche one and
two to 1,716,000 NFT Units and 5,327,182 FT Units for gross proceeds of $3,787,950.
As previously announced on November 10 and December 13, 2021, e ach NFT Unit and each FT Unit are
comprised of one common share and one -half of one share purchase warrant (each whole warrant, a
“Warrant”). One Warrant entitles the holder thereof to purchase one Share of the Company at a price of
C$0.75 per Share for a period of twenty -four months from the closing date of the Offering (the “ Closing
Date”).
To date the Company has paid a total of C$204,900 and issued 361,09 0 broker warrants (“ Broker
Warrants”) in satisfaction of commissions and finder’s fees on the Offering. The non-transferable Broker
Warrants entitles the holder thereof to purchase one Share of the Company at a price of C$0.55 per Share
for a period of twenty-four months from the issue date.
The Shares issued in connection with the Offering are subject to a four-month and a day hold period.
The Company intends to use the proceeds of the Offering to commission an independent estimation of
the mineral resou rce at the Company’s Shasta project , ongoing general exploration at the Company’s
Toodoggone projects and working capital.
TDG may elect to extend the period of the Offering, subject to TSX Venture Exchange approval.
About TDG Gold Corp.
TDG is a major mineral claim 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. TD G’s flagship projects are the former
producing, high-grade gold-silver Shasta, Baker and Mets mines, which are all road accessible, produced
intermittently between 1981 -2012, and have over 65,000 m of historical drilling. In 2021, TDG has
advanced the projects through compilation of historical data, new geological mapping, geochemical and
geophysical surveys, and, for Shasta, drill testing of the known mineralization occurrences and their
extensions. The Company has entered into a binding agreement to acqui re the Nueva Esperanza silver -
gold advanced exploration and development project located in the Maricunga Belt of northern Chile,
subject to closing conditions being satisfied. TDG currently has 77, 911,085 common shares issued and
outstanding.
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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 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.
This news release contains forward looking statements within the meaning of applicable securities laws.
The use of any of the words “ambition”, “estimate”, “concluded”, “offers”, “objective”, “may”, “will”,
“should”, “potential” and similar expressions are intended to identify forward looking statements. In
particular, this news release contains forward looking statements concerning the completion of the
acquisition (the “Acquisition”) of the Nueva Esperanza silver-gold advanced exploration and development
project (the “Project”), the completion of the Offering, the intended uses of the proceeds of the Offering,
regulatory acceptance of the Acquisition, the SR Offering and the Offering, and the potential development
of the Project and the Company’s existing mineral properties, including the completion of feasibility
studies or the making of production decisions in respect 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
completion of other conditions precedent to the Acquisition, including the receipt of regulatory approvals,
the state of equity financing markets, and results of future exploration activities by the Company.
Management has provided the above summary of risks an d assumptions related to forward looking
statements in this news release in order to provide readers with a more comprehensive perspective on
the Company’s future operations. The Company’s actual results, performance or achievement could differ
materially from those expressed in, or implied by, these forward looking statements and, accordingly, no
assurance can be given that any of the events anticipated by the forward looking statements will transpire
or occur, or if any of them do so, what benefits the Company will derive from them. These forward looking
statements are made as of the date of this news release, and, other than as required by applicable
securities laws, the Company disclaims any intent or obligation to update publicly any forward looking
statements, whether as a result of new information, future events or results or otherwise.
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TDG Gold Corp.
Unit 1 - 15782 Marine Drive
White Rock, B.C. V4B 1E6
www.tdggold.com