CMD\497401\PP-SHARES-UNITS MAR2018\0255 Tudor GOLD Closes $350,000 Non-Brokered Private Placement
CMD\497401\PP-SHARES-UNITS MAR2018\0255
TUDOR GOLD CLOSES $350,000 NON-BROKERED
PRIVATE PLACEMENT
Vancouver, British Columbia – July 5, 2018 - Tudor Gold Corp. (TSXV: TUD) (FSE: TUC) (the "Company"
or "Tudor Gold") is pleased to announce that it has closed a non-brokered private placement under
which it has raised gross proceeds of $350,000. The private placement was comprised of 1,000,000 units
of the Company (the "Units") at a price of $ 0.35 per Unit, with e ach Unit comprised of one common
share and one transferable common share purchase warrant (each, a "Warrant"). Each Warrant entitles
the holder to purchase one additional common share of the Company at an exercise price of $0.55 for a
period of two years.
The proceeds from the sale of the Units will be used to advance exploration of the Company's Treaty
Creek properties in the Golden Triangle of northwestern B.C. and for general corporate and working
capital purposes.
In connection with the private placement, the Company paid a cash finder’s fee of $21,000 (equal to 6%
of the gross proceeds of the private placement ) and issued 60,000 n on-transferable finder’s warrants,
with each finder’s warrant exercisable for a common share of the Company at an exercise price of $0.45
for a period of two years.
All securities issued pursuant to the private placement are subject to a four month hold period under
applicable Canadian securities laws.
About Tudor Gold
Tudor Gold is a precious and b ase metals explorer in British Columbia's Golden Triangle, an area which
hosts multiple past -producing mines and several large world -class deposits that are approaching
potential development. The Company has a 60% interest in both the Electrum and Treaty C reek
properties, and a 100% interest in several other properties located in the Golden Triangle area.
"Walter Storm"
Walter Storm
President and Chief Executive Officer
For further information, please visit the Company's website at www.tudor-gold.com or contact:
Aris Morfopoulos
Chief Financial Officer & Corporate Secretary
Tel: 604-721-2650
Email: [email protected]
Or
CHF Capital Markets
Cathy Hume
CEO
CMD\497401\PP-SHARES-UNITS MAR2018\0255
Tel: 416-868-1079 x 231
Email: [email protected]
Cautionary Statements regarding Forward-Looking Information
Certain statements contained in this press release constitute forward -looking information. These statements relate to
future events or future performance. The use of any of the words "could", "intend", "expect", "believe", "will",
"projected", "estimated" and simila r expressions and statements relating to matters that are not historical facts are
intended to identify forward -looking information and are based on the Company's current belief or assumptions as to
the outcome and timing of such future events. Actual future results may differ materially.
All statements including, without limitation, statements relating to the ability to complete the offering on the proposed
terms or at all, anticipated use of proceeds from the offering and receipt of regulatory approvals with respect to the
offering as well as any other future plans, objectives or expectations of the Company are forward -looking statements
that involve various risks and uncertainties. There can be no assurance tha t such statements will prove to be
accurate and actual results and future events could differ materially from those anticipated in such statements.
Important factors that could cause actual results to differ materially from the Company's plans or expectati ons include
risks relating to the actual results of current exploration activities, fluctuating gold prices, possibility of equipment
breakdowns and delays, exploration cost overruns, availability of capital and financing, general economic, market or
business conditions, regulatory changes, timeliness of government or regulatory approvals and other risks detailed
herein and from time to time in the filings made by the Company with securities regulators. The Company expressly
disclaims any intention or oblig ation to update or revise any forward -looking statements whether as a result of new
information, future events or otherwise except as otherwise required by applicable securities legislation.
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.