Correction: Tudor GOLD Updates Information Respecting Non- Brokered Private Placement
CORRECTION: TUDOR GOLD UPDATES INFORMATION RESPECTING NON-
BROKERED PRIVATE PLACEMENT
Vancouver, British Columbia – July 16, 2018 - Tudor Gold Corp. (TSXV: TUD) (FSE: TUC) (the "Company"
or "Tudor Gold") provides a correction as to the number of Units issuable under its planned non-
brokered private placement to raise gross proceeds of up to $ 1,000,000. Under the private placement,
up to 2,857,142 Units may be issued (not 1, 000,000 Units as previously disclosed in the Company’s July
13, 2018 news release). A complete and corrected version of the original news release follows:
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Vancouver, British Columbia – July 13, 2018 - Tudor Gold Corp. (TSXV: TUD) (FSE: TUC) (the "Company"
or "Tudor Gold") is pleased to announce that it plans to arrange for a non-brokered private placement to
raise gross proceeds of up to $1,000,000, including anticipated insider participation of up to $200,000.
The private placement will be comprised of up to 2,857,142 units of the Company (the "Units") at a price
of $ 0.35 per Unit. Each Unit will be comprised of one common share and one transferable common
share purchase warrant (each, a "Warrant"). Each Warrant will entitle the holder to purchase one
additional common share of the Company at a n exercise price of $ 0.55 for a period of two years from
closing of the private placement.
The proceeds from the sale of the Units will be used to advance exploration of the Company's mineral
properties in the Gol den Triangle of northwestern B.C. and for general corporate and working capital
purposes.
All securities to be issued pursuant to the private placement will be subject to a four month hold period
from the closing date under applicable Canadian securities laws, in addition to such other restrictions as
may apply under applicable securities laws of jurisdictions outside Canada. The private placement is
subject to all necessary regulatory approvals including from the TSX Venture Exchange.
About Tudor Gold
Tudor Gold is a precious and base metals explorer in British Columbia's Golden Triangle, an area which
hosts multiple past -producing mines and several lar ge world -class deposits that are approaching
potential development. The Company has a 60% interest in both the Electrum and Treaty Creek
properties, and a 100% interest in several other mineral properties, all of which are 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
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", "belie ve", "will",
"projected", "estimated" and similar 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 that 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 expectations 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 C ompany expressly
disclaims any intention or obligation 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.