Business
Tudor Gold Announces Closing of Non-Brokered Private Placement
Vancouver, British Columbia--(Newsfile Corp. - February 16, 2023) - Tudor Gold Corp. (TSXV: TUD...
About this update from Tudor Gold Corp.
[{"type":"text","content":"Tudor Gold Announces Closing of Non-Brokered Private PlacementVancouver, British Columbia--(Newsfile Corp. - February 16, 2023) - Tudor Gold Corp. (TSXV: TUD) (\"Tudor Gold\" or the \"Company\") is pleased to announce it has closed a non-brokered private placement (the \"Private Placement\"), raising gross proceeds of $400,000 through the issuance of 320,000 units of the Company (the \"Units\") at an issue price of $1.25 per Unit. The Units are comprised of one common share of the Company (a \"Share\"), and one common share purchase warrant (a \"Warrant\").Each Warrant will entitle the holder thereof to purchase one additional common share of the Company at an exercise price of $1.75 for a period of two (2) years from the date of issuance of the Warrants.The proceeds of the Private Placement will be used for general operating expenses.The securities comprising each of the Units will have a hold period of until June 15, 2023. The closing of the Private Placement is subject to the final approval of the Exchange.About Tudor Gold Corp.Tudor Gold Corp. is a precious and base metals exploration and development company with properties in British Columbia's Golden Triangle (Canada), an area that hosts producing and past-producing mines and several large deposits that are approaching potential development. The 17,913 hectare Treaty Creek project (in which TUDOR GOLD has a 60% interest) borders Seabridge Gold Inc.'s KSM property to the southwest and borders Newcrest Mining Limited's Brucejack property to the southeast. In April 2021 Tudor published their 43-101 technical report, \"Technical Report and Initial Mineral Resource Estimate of the Treaty Creek Gold Property, Skeena Mining Division, British Columbia Canada\" dated March 1, 2021 on the Company's SEDAR profile. ON BEHALF OF THE BOARD OF DIRECTORS OF TUDOR GOLD CORP.\"Ken Konkin\"Ken KonkinPresident and Chief Executive OfficerFor further information, please visit the Company's website at www.tudor-gold.com or contact:Chris CurranHead of Corporate Development and CommunicationsPhone: (604) 559 8092E-Mail: [email protected] RinglerHead of Investor Relations and CommunicationsPhone: +49 151 55362000E-Mail: [email protected] Note Regarding Forward-looking InformationNeither TSX Venture Exchange nor its Regulation Services Provider (as that term...