Tudor Gold (TSXV:TUD) closes non-brokered private placement

Tudor Gold (TUD) announced the closing of its non-brokered private placement for gross proceeds of $ 400,000 The company issued 320,000 units at $ 1.25 per unit Each unit comprises one common share and one common share purchase warrant Tudor Gold is a precious and base metals exploration and development company Tudor Gold Corp. (TUD) is up 2.08 per cent, trading at C$ 0.98 per share at 11:02 am ET

Tudor Gold (TUD) has announced the closing of its non-brokered private placement for gross proceeds of $ 400,000.

The company issued 320,000 units at $ 1.25 per unit, with each unit consisting of one common share and one common share purchase warrant.

Each warrant entitles the holder to purchase one additional common share at $ 1.75 for two years from issuance date.

Tudor Gold will use the proceeds of the private placement for general operating expenses.

All securities issued will be subject to a statutory four-month hold period, expiring June 15, 2023. 

Tudor Gold is a precious and base metals exploration and development company with properties in British Columbia’s Golden Triangle (Canada).

Tudor Gold Corp. (TUD) is up 2.08 per cent, trading at C$ 0.98 per share at 11:02 am ET.

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Tudor Gold (TSXV:TUD) closes non-brokered private placement