TomaGold closes $190,300 private placement
Montreal, Quebec, December 31, 2013 – TomaGold Corporation (TSXV: LOT) (“TomaGold” or the “Company”) is pleased to report today that it has closed a non-brokered flow-through private placement totalling $190,300.
The private placement consists in the issuance of 951,500 flow-through common shares at $0.14 per share, 519,000 non-flow-through common shares at $0.11 per share and 994,750 warrants. Each warrant entitles its holder to purchase one non-flow-through common share of the Company at $0.20 per share within an eighteen (18) month period following the closing date.
TomaGold will use the proceeds from the private placement for exploration work on its Quebec properties, 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.
Contact:
TomaGold Corporation
David Grondin
President and Chief Executive Officer
(514) 206-7727
www.tomagoldcorp.com