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     217  0 Kommentare TDG Gold Corp. Announces Closing Of Private Placement

    NOT FOR DISSEMINATION IN THE UNITED STATES OR THROUGH U.S. NEWSWIRE SERVICESWHITE ROCK, BC / ACCESSWIRE / July 7, 2023 / TDG Gold Corp (TSXV:TDG) (the "Company" or "TDG") is pleased to announce that it has closed the final tranche of its private …

    NOT FOR DISSEMINATION IN THE UNITED STATES OR THROUGH U.S. NEWSWIRE SERVICES

    WHITE ROCK, BC / ACCESSWIRE / July 7, 2023 / TDG Gold Corp (TSXV:TDG) (the "Company" or "TDG") is pleased to announce that it has closed the final tranche of its private placement described in the press release dated June 19, 2023 (the "Offering") consisting in the issuance of: (i) 3,830,000 charity flow-through units of the Company (each, a "Charity FT Unit") at a purchase price of $0.45 per Charity FT Unit; (ii) 43,000 common shares issued on a flow-through basis under the Income Tax Act (Canada) (each, a "FT Share") at a purchase price of $0.35 per FT Share; and (iii) 495,334 hard dollar units of the Company (each, a "Hard Dollar Unit") at a purchase price of $0.30 per Hard Dollar Unit, for total gross proceeds in this final tranche to the Company of $1,887,150. The Offering was led by Raymond James Ltd. together with its syndicate of agents (collectively, the "Agents"). The Company previously completed the first tranche of the Offering for total gross proceeds of $1,538,810, as announced in the press release of the Company dated April 26, 2023, bringing total proceeds to $3,425,960.

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    Each Charity FT Unit consisted of one common share of the Company issued on a flow-through basis under the Income Tax Act (Canada) and one-half of one non-flow-through common share purchase warrant (each whole warrant, a "Charity Warrant"). The gross proceeds received by the Company from the sale of the Charity FT Units will be used to incur eligible expenses and will constitute "Canadian exploration expenses" ("CEE ") as defined in subsection 66.1(6) of the Income Tax Act (Canada) that qualify as "flow-through mining expenditures" within the meaning of section 127(9) of the Income Tax Act (Canada), and for a subscriber who is an individual (other than a trust or estate) either resident in British Columbia for the purposes of the Income Tax Act (British Columbia) on December 31, 2023 or otherwise liable to pay income tax in the Province of British Columbia for his or her taxation year ending on December 31, 2023, a "BC flow-through mining expenditure" as defined in subsection 4.721(1) of the Income Tax Act (British Columbia). Each Hard Dollar Unit consisted of one non-flow-through common share of the Company and one-half of one non-flow-through common share purchase warrant of the Company (each whole warrant, a "Hard Dollar Warrant"). Each Charity Warrant and Hard Dollar Warrant entitles the holder thereof to purchase one non-flow-through common share of the Company at an exercise price of $0.42 per share until July 7, 2026 (the "Expiry Date").

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    TDG Gold Corp. Announces Closing Of Private Placement NOT FOR DISSEMINATION IN THE UNITED STATES OR THROUGH U.S. NEWSWIRE SERVICESWHITE ROCK, BC / ACCESSWIRE / July 7, 2023 / TDG Gold Corp (TSXV:TDG) (the "Company" or "TDG") is pleased to announce that it has closed the final tranche of its private …