Part Of $6 Million Private Placement To Help Fund Treaty Creek
Tudor Gold Corp. (TSXV: TUD) has closed a second tranche of its non-brokered private placement and has issued an aggregate of 1,200,000 non-flow-through common shares at a purchase price of $3.00 per NFT Share for gross proceeds to the company of $3,600,000.
Net proceeds of the Private Placement will be used to advance exploration of the Treaty Creek Project as well as for general working capital purposes.
All securities issued pursuant to the Private Placement are subject to a statutory four-month hold period. The Private Placement is subject to receipt of final approval of the TSX Venture Exchange.
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 Pretium Resources Inc.’s Brucejack property to the southeast.
The company also has a 100% interest in the Crown project and a 100% interest in the Eskay North project, all located in the Golden Triangle area.
For further information please visit: https://tudor-gold.com/
