TDG Gold Corp. Completes First Tranche of Non-Brokered Private Placement

TDG Gold Corp. has successfully closed the first tranche of its non-brokered private placement, raising gross proceeds of C$1,269,400. The company issued 2,097,285 non-flow-through units at C$0.14 each and 6,098,625 flow-through units at C$0.16 each. This initial closing is part of a larger offering anticipated to bring in up to $2,000,000 to finance the company's exploration activities and for general working capital.

The offering includes a mix of charity flow-through units, non-flow-through units, and flow-through units, all designed with specific terms regarding share and warrant holdings. Both company directors, Michael Kosowan and Fletcher Morgan, participated in this tranche without affecting their percentage of owned securities significantly.

TDG paid finder's fees totaling C$19,836 and issued finder's warrants as part of this tranche. The securities are subject to a four-month hold period and all transactions are pending TSX Venture Exchange approval. This fundraising effort underscores TDG's continued focus on exploring its mineral properties and advancing its vision for gold and copper exploration in British Columbia.

The company, mindful of the legal and regulatory frameworks governing private placements, especially in the United States, has ensured compliance with relevant securities laws, emphasizing that the issued securities have not been registered under the U.S. Securities Act of 1933.