MONTREAL, Jan. 19, 2018 (GLOBE NEWSWIRE) — TOMAGOLD CORPORATION (TSXV:LOT) (“TomaGold” or the “Corporation”) announces a debt settlement for shares with a supplier. Under this agreement, the Corporation will issue a total of 214,050 common shares at a price of $0.06 per share for a total amount of $12,843. No insider participates in this settlement and the issued shares will be subject to a hold period of four months and one day. This transaction remains conditional upon the approval of the TSX Venture Exchange.
About TomaGold Corporation
TomaGold Corporation is a Canadian mineral exploration company engaged in the acquisition, assessment, exploration and development of gold mineral properties.
President and Chief Executive Officer
Neither the TSX Venture Exchange nor its regulation services provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release. The statements in this news release that are not historical facts are “forward-looking statements”. Readers are cautioned that any such statements are not guarantees of future performance, and that actual developments or results may vary materially from those described in such “forward-looking” statements.