StockNews.AI
SKE
StockNews.AI
204 days

TDG Gold Corp. to Complete $14.5 Million Private Placement Including Investment and Property Acquisition from Skeena Gold & Silver

1. Skeena will invest up to $14,550,000 in TDG's private placement. 2. TDG is acquiring the Sofia Property, enhancing its resource potential.

2m saved
Insight
Article

FAQ

Why Bullish?

Skeena's investment signals confidence in TDG's growth, similar to past strategic investments boosting market perception.

How important is it?

The article details a significant investment and acquisition, which can influence Skeena's market position significantly.

Why Long Term?

Acquisition of the Sofia Property may strengthen resource base, providing sustainable growth prospects over time.

Related Companies

TDGSKE
NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES WHITE ROCK, BC / ACCESS Newswire / January 27, 2025 / TDG Gold Corp (TSXV:TDG) (the "Company" or "TDG") is pleased to announce that the Company intends to complete a non-brokered private placement to raise gross proceeds of up to $14,550,000 (the "Offering"), including a strategic investment by Skeena Resources Limited ("Skeena Gold & Silver", "Skeena"). TDG has also entered into a binding letter of intent (the "LOI") with Skeena pursuant to which the Company will acquire a 100% interest in the Sofia Property (the "Sofia Property"), which consists of a group of mineral claims located in the Toodoggone District of north-central British Columbia (the "Acquisition") and which are contiguous with TDG's existing mineral claims (Figure 1).

Related News