• TDG Gold Corp. (TDG) has added flow-through shares to its previously announced private placement
  • The offering will now consist of a combination of charity flow-through shares, FT shares and common shares for aggregate gross proceeds of up to $10 million
  • The offering is scheduled to close on or about April 7, 2022
  • TDG is a mineral claim holder in north-central British Columbia whose projects include the high grade gold-silver Shasta, Baker, and Mets mines
  • TDG Gold Corp. (TDG) opened trading at C$0.50 per share

TDG Gold Corp. (TDG) has added flow-through shares to its previously announced private placement.

The offering will now consist of a combination of charity flow-through shares priced at $0.60, FT shares priced at $0.55 and common shares priced at $0.42, for aggregate gross proceeds of up to $10 million.

The agents have the option to sell up to an additional 15 per cent of the charity FT shares, FT shares and/or common shares at any time for a period of up to 48 hours prior to the closing date of the offering.

“TDG is pleased to have received the support from several significant new institutional investors and looks forward to closing this successful financing,” said Fletcher Morgan, Chief Executive Officer, TDG.

The agents will receive a cash fee and compensation warrants.

The offering is scheduled to close on or about April 7, 2022, and is subject to the approval of the TSX Venture Exchange.

TDG is a mineral claim holder in north-central British Columbia, and its flagship projects are the former producing, high-grade gold-silver Shasta, Baker, and Mets mines.

TDG Gold Corp. (TDG) opened trading at C$0.50 per share.

More From The Market Online

Pan American Energy reveals results from Big Mack project

Pan American Energy (CSE:PNRG) reveals assay results from its 2023-2024 diamond drill project at the Big Mack Lithium Project in Ontario.

Adyton to recommence work at its Feni Island Project

Adyton Resources (TSXV:ADY) gears up to restart work activities at its Feni Island Gold-Copper Project in Papua New Guinea.

This company starts production at what could be Canada’s next great gold mine 

IAMGOLD (TSX:IMG) is a Canadian-based intermediate gold producer and developer focused on mining properties in North America and West Africa.

Teck misses Q1 profit estimates on lower steelmaking coal sales

Canadian mining stock Teck Resources Ltd. (TSX:TECK.A and TECK.B; NYSE:TECK) misses Q1 profit estimates on Thursday.