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TDG Gold Announces Acquisition of Anyox Copper and C$25 Million Bought Deal Private Placement

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Last update: Jun 17, 2025

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WHITE ROCK, British Columbia, June 17, 2025 (GLOBE NEWSWIRE) -- TDG Gold Corp (TSXV: TDG, OTCQX:TDGGF) (the “Company” or “TDG”) is pleased to announce that it has entered into an amalgamation agreement with Anyox Copper Ltd. (“Anyox”) which holds the former producing Anyox Copper project, located on the northwest coast of British Columbia, and a wholly-owned subsidiary of TDG (“Subco”), dated June 16, 2025 (the “Amalgamation Agreement”) pursuant to which the Company proposes to acquire all of the issued and outstanding securities of Anyox by way of a three-cornered amalgamation (the “Acquisition”) under the Business Corporations Act (British Columbia). In connection with the Acquisition, the Company is also pleased to announce that it has entered into an agreement with BMO Capital Markets (“BMO”), acting as lead manager and sole bookrunner, under which BMO, together with Clarus Securities (“Clarus”), acting as co-lead underwriter, and on behalf of a syndicate of underwriters (collectively, the “Underwriters”), has agreed to purchase, on a bought deal private placement basis, securities of the Company for aggregate gross proceeds of C$25 million (the “Concurrent Financing”, and together with the Acquisition, the “Transaction”).

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