September 25, 2018
Vancouver, B.C.

TUDOR GOLD closes non-brokered private placement

TUDOR GOLD Corp. (TSXV: TUD) (FSE: TUC) (the “Company” or “TUDOR GOLD”) is pleased to announce that it has closed a non-brokered private placement under which it has raised gross proceeds of $861,700. The private placement was comprised of 3,191,481 units of the Company (the “Units”) at a price of $0.27 per Unit, with each Unit comprised of one common share and one transferable common share purchase warrant (each, a “Warrant”). Each Warrant entitles the holder to purchase one additional common share of the Company at an exercise price of $0.40 for a period of one year.

The proceeds from the sale of the Units will be used to advance exploration of the Company’s mineral properties in the Golden Triangle of northwestern B.C., for general corporate and working capital purposes and repayment of existing liabilities.

All securities issued pursuant to the private placement are subject to a four month hold period under applicable Canadian securities laws.

About TUDOR GOLD

TUDOR GOLD (TSX-V: TUD, Frankfurt: TUC.F) is an exciting exploration company focused on precious and base metals projects in the Canadian province of British Columbia. All 4 projects are located in the famous “Golden Triangle”, an area that hosts multiple past producing mines and several large world-class deposits that are approaching potential development. The Company has a 60% interest in both the Electrum and Treaty Creek properties; – other 100% owned projects, or earn-in options include Eskay North and Crown properties.

Contact Information

Financial Relations

Aris Morfopoulos, CFO & Corporate Secretary
Phone: 604-721-2650
E-Mail: aris@tudor-gold.com

CHF Capital Markets

Cathy Hume, CEO
Phone: 416-868-1079 Ex 231
E-Mail: cathy@chfir.com

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.