TomaGold Announces Proposed Private Placement

Core Viewpoint - TomaGold Corporation plans to conduct a non-brokered private placement to raise up to $250,000 through the issuance of flow-through common shares at a price of $0.065 per share, subject to TSX Venture Exchange approval [1]. Group 1: Private Placement Details - The offering will consist of up to 3,846,154 common shares issued on a flow-through basis [1]. - The gross proceeds from the sale of the flow-through shares will be used for exploration expenses that qualify as Canadian exploration expenses under the Income Tax Act [2]. - The securities issued will be subject to a hold period of four months and one day under Canadian securities laws [3]. Group 2: Company Overview - TomaGold Corp. is a Canadian junior mining company focused on acquiring, exploring, and developing precious and base metal projects, primarily in gold and copper [5]. - The company's core assets are located in the Chibougamau Mining Camp in northern Quebec, including the Obalski gold-copper-silver project and options on 12 additional properties [5]. - TomaGold also holds a 24.5% joint venture interest in the Baird gold property near the Red Lake Mining Camp in Ontario, along with lithium and rare earth element projects in the James Bay region [5].