Not for Distribution to U.S. Newswire Services or Dissemination in the United States MONTREAL — TOMAGOLD CORPORATION (TSXV: LOT) (“TomaGold” or the “Corporation”) is pleased to announce that it has closed the second tranche (the “Second Tranche
MONTREAL -- TOMAGOLD CORPORATION (TSXV: LOT) (“TomaGold” or the “Corporation”) is pleased to announce that it has closed the second tranche (the “Second Tranche”) of its previously announced non-brokered private placement (the “Private Placement”). Pursuant to the closing of the Second Tranche, the Corporation issued 7,600,000 common shares of the Corporation (“Common Shares”) at a price of $0.02 per Common Share for gross proceeds of $152,000 and issued 3,200,000 common shares on a “flow-through” basis (“FT Shares”) at a price of $0.025 per FT Share for gross proceeds of $80,000. Read More