Tudor GOLD Corp. Announces $1,080,000 Non-Brokered Private Placement
TUDOR GOLD CORP. ANNOUNCES $1,080,000 NON-BROKERED PRIVATE
PLACEMENT
Vancouver, British Columbia – August 31 , 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 $1,080,000.
Private Placement
The private placement will be comprised of up to 4,000,000 units of the Company (the "Units") at a price
of $0.27 per Unit. Each Unit will be comprised of one common share of the Company (each, a “Share”)
and one transferable common share purchase warrant (each, a "Warrant"). Each Warrant will entitle the
holder to purchase one additional Share of the Company at an exercise price of $0.40 for a period of one
year from closing of the private placement.
The proceeds from the sa le of the Units will be used to increase working capital and to a dvance
exploration of the Company's mineral properties in the Golden Triangle of northwestern B.C.
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 (the “TSXV”).
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 large 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", "believe", "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 anticipated use of proceeds from the above
private placement offering and receipt of regulatory approvals with respect to the private placement 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 materia lly from those anticipated in such statements. The Company 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.