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TomaGold Corp V.LOT

Alternate Symbol(s):  TOGOF

TomaGold Corporation is a Canadian mineral exploration company engaged in the acquisition, assessment, exploration and development of gold, copper, rare earth elements and lithium projects. The Company is focused on consolidating the Chibougamau Mining Camp in northern Quebec. In addition to the agreements to acquire 13 properties in the camp, the Company holds interests in five gold properties in the vicinity of the camp: Obalski, Monster Lake East, Monster Lake West, Hazeur and Doda Lake. It also owns a 100% interest in a lithium property and in the Star Lake rare earth elements property, located in the James Bay region of Quebec, as well as a 24.5% interest in the Baird property, located near the Red Lake mining camp in Ontario through a joint venture with Evolution Mining Ltd. and New Gold Inc. The Obalski property consists of about 74 claims covering a total of 2,740 hectares (ha) and lies three kilometers (km) south of Chibougamau, Quebec.


TSXV:LOT - Post by User

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Comment by INVESTING2000on Jan 28, 2016 6:58am
69 Views
Post# 24500668

RE:RE:QIT and LOT

RE:RE:QIT and LOTMONTRAL, Jan. 26, 2016 /CNW Telbec/ - Corporation TomaGold announces that it has acquired on January 26, 2016, the ownership of 99,000 class "A" common shares in the capital stock of Quinto Real Capital Corporation ("Common Shares") for a gross proceed of $3,960.00 or $0.04 per Common Share. This holding represents 0.86% of the Common Shares issued and outstanding as of January 26, 2016. As of this day, and after giving effect to the acquisition of its 99,000 Common Shares, TomaGold holds, directly or indirectly, 1,908,000 Common Shares. On a non-diluted and diluted basis, TomaGold thus currently holds 16.59% of Common Shares issued and outstanding as of January 26, 2016. The Common Shares of Quinto Real Capital Corporation ("Quinto Real") are listed on the TSX Venture Exchange under the symbol QIT. The Quinto Real securities held by TomaGold are for strategic investment purposes. The holdings of TomaGold may be increased or decreased in the future, as deemed appropriate.
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