September 12, 2018
Vancouver, B.C.

TUDOR announces amendent to option agreement on Doc Property

TUDOR GOLD Corp. (“TUDOR” or the “Company”) (TSXV: TUD) (FSE: TUC) announces that it has entered into an agreement (the “Amending Agreement”) with John Bot (the “Optionor”) amending certain payment terms of the original option agreement (the “ Original Option Agreement”) to acquire a 100% interest in the Doc Property (the “Property”).
The Amending Agreement provides for the issuance of 150,000 common shares (the “Shares”) of the Company at $0.30 per Share in lieu of a cash payment of $50,000 due on September 15, 2018 as well as an extension of the remaining scheduled payments. The balance of payments and all other terms of the Original Option Agreement remain as set out in the Original Option Agreement. Payment schedule per the Amending Agreement as follows:   $50,000 due on or before November 20, 2018 has been extended to August 29, 2019; and $1,825,000 due on or before November 20, 2019 has been extended to August 29, 2020

About TUDOR GOLD

TUDOR GOLD is a precious and base metals explorer with properties in British Columbia’s Golden Triangle, an area that hosts producing and past-producing mines and several large deposits that are approaching potential development. The 17,913 hectare Treaty Creek project (in which TUDOR GOLD has a 60% interest) borders Seabridge Gold Inc.’s KSM property to the southwest and borders Pretium Resources Inc.’s Brucejack property to the southeast. The Company also has a 100% interest in the Electrum Project, earn in options and 100% interests in other prospective projects located in the Golden Triangle area.

Contact Information

Cathy Hume

CHF Capital Markets

Phone:416-868-1079 Ex 231

Cautionary Statements regarding Forward-Looking Information

Certain statements contained in this press release constitute forward-looking information. These statements relate to future events or future performance. The use of any of the words “could”, “intend”, “expect”, “believe”, “will”, “projected”, “estimated” and similar expressions and statements relating to matters that are not historical facts are intended to identify forward-looking information and are based on the Company’s current belief or assumptions as to the outcome and timing of such future events. Actual future results may differ materially. 

All statements other than statements of historical fact included in this release, including, without limitation, statements regarding analysis and re-interpretation of data, and potential mineralization and geological merits of the Treaty Creek Project and other future plans, objectives or expectations of the Company are forward-looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Forward-looking statements are based on a number of material factors and assumptions. Important factors that could cause actual results to differ materially from Company’s expectations include actual exploration results, changes in project parameters as plans continue to be refined, results of future resource estimates, future metal prices, availability of capital and financing on acceptable terms, general economic, market or business conditions, uninsured risks, regulatory changes, defects in title, availability of personnel, materials and equipment on a timely basis, accidents or equipment breakdowns, delays in receiving government approvals, unanticipated environmental impacts on operations and costs to remedy same, and other exploration or other risks detailed herein and from time to time in the filings made by the Company with securities regulators. Although the Company has attempted to identify important factors that could cause actual actions, events or results to differ from those described in forward-looking statements, there may be other factors that cause such actions, events or results to differ materially from those anticipated. There can be no assurance that forward-looking statements will prove to be accurate and accordingly readers are cautioned not to place undue reliance on forward-looking statements. Neither 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 release.