TomaGold Corp V.LOT

Alternate Symbol(s): TOGOF

Metals & Mining Gold

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

TomaGold Corp

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Comment by INVESTING2000on Aug 03, 2020 12:40pm

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Post# 31357737

RE:RE:RE:RE:Doubt Toma went through with

Hoping spin-out is dead. It should be by now. Can't imagine these guys running two public companies and doubling up on salaries, expenses, options, rent and other 'activities'. It never really made sense. There were always many options to monetize Monster assets for the benefit of shareholders within the Tomagold structure. There still is and lets hope this deal is structured accordingly. Creating a second public company will only cost shareholders money and value and will only be of any significant benefit to certain individuals.

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Advancing flagship Ishkõday Gold Project in Ontario