Tristar GOLD Announces Closing of Private Placement
January 25, 2018 Trading Symbol: TSG-TSX.V
TRISTAR GOLD ANNOUNCES CLOSING OF
PRIVATE PLACEMENT
NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION
IN THE UNITED STATES.
TriStar Gold Inc. (the “Company” or “TriStar”) is pleased to announce that it has closed the private
placement financing (the “Private Placement”) announced in the Company’s news release dated
December 14, 2017 in which 12,980,297 units (the “Units”) were issued at a price of $0. 22 per Unit for
gross proceeds of approximately Can $2.86 million. Each Unit is comp osed of one common share and
one-half of one non-transferable common share purchase warrant (each whole warrant, a “Warrant”) .
Each warrant will entitle the holder thereof to purchase one additional common share of the Company at
an exercise price of $0.35 until July 24, 2020.
The Company intends to use the net proceeds of the Private Placeme nt for advancing the Castelo de
Sonhos project, working capital and general corporate purposes.
The securities issued pursuant to th e Private Placement are subject to a four month hold period under
applicable Canadian securities laws, expiring on May 24, 2018.
In connection with the Private Placement, TriStar paid to arm’s length finders aggregate cash finders’ fees
of Can $199,199 and issued an aggregate of 18,000 non -transferable finders’ warrants having the same
terms as the Warrants.
About TriStar:
TriStar Gold is an explorat ion and development company focused on precious metals properties in the
Americas that have potential to become significant producing mines. The Company’s current flagship
property is Castelo de Sonhos in Pará State, Brazil. The Co mpany’s shares are listed on the TSX Venture
Exchange under the symbol TSG. Further information is available at www.tristargold.com.
For further information, please contact:
TriStar Gold Inc.
Nick Appleyard
President and CEO
480-794-1244
Neither the 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. No stock exchange, securities commission
or other regulatory authority has approved or disapproved the information contained herein.
Forward-Looking Statements
Certain statements contained in this press rel ease may constitute forward -looking statements under Canadian securities
legislation which are not historical facts and are made pursuant to the "safe harbour" provisions under the United States Pri vate
Securities Litigation Reform Act of 1995. Generally, forward-looking information can be identified by the use of forward -looking
terminology such as “expects” or “it is expected”, or variations of such words and phrases or statements that certain actions ,
events or results “will” occur. Forward looking state ments in this press release include, but are not restricted to use of the
proceeds of the Private Placement and the potential for any of the Company’s properties to become significant producing mines .
Such forward-looking statements are based upon the Comp any's reasonable expectations and business plan at the date hereof,
which are subject to change depending on economic, political and competitive circumstances and contingencies. Readers are
cautioned that such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause
a change in such assumptions and the actual outcomes and estimates to be materially different from those estimated or
anticipated future results, achievements or position expressed or implied by those forward -looking statements. Risks,
uncertainties and other factors that could cause the Company's plans to change include changes in demand for and price of gol d
and other commodities (such as fuel and electricity) and currencies; changes or disrupti ons in the securities markets; legislative,
political or economic developments in Brazil; the need to obtain permits and comply with laws and regulations and other
regulatory requirements; the possibility that actual results of work may differ from project ions/expectations or may not realize
the perceived potential of the Company’s projects; risks of accidents, equipment breakdowns and labour disputes or other
unanticipated difficulties or interruptions; the possibility of cost overruns or unanticipated exp enses in development programs;
operating or technical difficulties in connection with exploration, mining or development activities; the speculative nature of gold
exploration and development, including the risks of diminishing quantities of grades of rese rves and resources; and the risks
involved in the exploration, development and mining business. Although management of the Company has attempted to identify
important factors that could cause actual results to differ materially from those contained in forw ard-looking statements or
forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. The
Company disclaims any intention or obligation to update or revise any forward -looking statements wheth er as a result of new
information, future events or otherwise, except as required by applicable securities laws.