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 Resources is making a strategic investment in TDG Gold Corp. 2. TDG Gold will acquire 100% interest in the Sofia Property adjacent to its claims.

M&A
-1.11%Current Return
VS
-0.59%S&P 500
$9.9201/27 06:32 AM EDTEvent Start
$9.8101/28 01:31 PM EDTLatest Updated
2m saved
Insight
Article

FAQ

Why Bullish?

Skeena's involvement in TDG could enhance its growth potential, similar to past strategic acquisitions that boosted related stocks.

How important is it?

The acquisition and investment indicate strong growth potential, significantly impacting SKE's valuation.

Why Long Term?

This acquisition may have lasting effects as it could increase TDG's reserves over time, impacting SKE.

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