On August 2, 2024, TDG Gold Corp. (“TDG Gold”) announced that it had entered into an agreement (the “Purchase Agreement”) for the acquisition of approximately 9,600 hectares of mineral tenures (the “Tenures”) contiguous with its Baker Complex and Greater Shasta-Newberry projects, all located within the Toodoggone District, B.C. (the “Acquisition”). The Tenures comprise 10 mineral claims that also join up TDG’s Bot and Oxide Peak projects, forming a contiguous tenure block extending over ~55 kilometres.

Pursuant to the Purchase Agreement, TDG Gold acquired the Tenures from Volatus Capital Corp. for total consideration of $200,000, of which $100,000 was paid in cash and $100,000 was paid through the issuance of 752,445 common shares of TDG Gold (the “Consideration Shares”). In connection with the Acquisition, TDG Gold paid a $20,000 finder’s fee to an arm’s length party, which was paid through the issuance of 150,489 common shares of TDG Gold (the “Finder’s Shares”). The Consideration Shares and the Finder’s Shares were subject to a hold period expiring four months and one day after issuance.

TDG Gold is a mineral exploration and development company that holds mineral claims in the Toodoggone district of British Columbia, which include the former producing Shasta and Baker mines.

Further details regarding TDG Gold and the Private Placement can be found on TDG Gold’s website. TDG Gold trades under the symbol “TDG” on the TSX Venture Exchange.