TomaGold closes third tranche of $270,000 for a total financing of $954,500
The third tranche of the private placement consists in the issuance of 2,700,000 common shares priced at $0.10 per share and 1,350,000 warrants. Each warrant entitles its holder to purchase one common share of the Company at $0.12 within a two-year period.
TomaGold will use the proceeds from the private placement for exploration work, asset acquisitions, and for working capital purposes. The securities issued under the private placement are subject to a resale restriction period of four months and one day.
The private placement is subject to regulatory approval.
About TomaGold Corporation
TomaGold Corporation is a Canadian-based mining exploration company whose primary mission is the acquisition, exploration and development of gold projects in Canada and abroad.
President and Chief Executive Officer
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