White Rock, British Columbia, December 17, 2021. TDG Gold Corp (TSXV: TDG) (the “Company” or “TDG”) has closed the first tranche of its non-brokered private placement (the “Offering”), as announced on November 10, and December 13, 2021, through the issuance of 641,000 units (each, a “NFT Unit”) at a price of C$0.50 per NFT Unit and 3,334,000 flow-through units (each, a “FT Unit”) at a price of C$0.55 per FT Unit raising proceeds totaling C$2,154,200 (the “Offering”).  Each NFT Unit and each FT Unit are comprised of one common share and one-half of one share purchase warrant (each whole warrant, a “Warrant”). One Warrant entitles the holder thereof to purchase one Share of the Company at a price of C$0.75 per Share for a period of twenty-four months from the closing date of the Offering (the “Closing Date”)

The Company paid C$108,780 and issued 185,455 broker warrants (“Broker Warrants”) in satisfaction of commissions and finder’s fees on the Offering.

The Shares issued in connection with the Offering are subject to a four-month and a day hold period.

The Company intends to use the proceeds of the Offering to commission an independent estimation of the mineral resource at the Company’s Shasta project, ongoing general exploration at the Company’s Toodoggone projects and working capital.

About TDG Gold Corp.
TDG is a major mineral claim holder in the historical Toodoggone Production Corridor of north-central British Columbia, Canada, with over 23,000 hectares of brownfield and greenfield exploration opportunities under direct ownership or earn-in agreement. TDG’s flagship projects are the former producing, high-grade gold-silver Shasta, Baker and Mets mines, which are all road accessible, produced intermittently between 1981-2012, and have over 65,000 m of historical drilling. In 2021, TDG has advanced the projects through compilation of historical data, new geological mapping, geochemical and geophysical surveys, and, for Shasta, drill testing of the known mineralization occurrences and their extensions. The Company has entered into a binding agreement to acquire the Nueva Esperanza silver-gold advanced exploration and development project located in the Maricunga Belt of northern Chile, subject to closing conditions being satisfied. TDG currently has 74,842,903 common shares issued and outstanding.
 
 
ON BEHALF OF THE BOARD
 
Fletcher Morgan
Chief Executive Officer
For further information contact:
 
TDG Gold Corp.,
Telephone: +1.604.536.2711
Email: info@tdggold.com