CRANBROOK, BC / ACCESSWIRE / April 1, 2019 / Taiga Gold Corp (CSE: "TGC") (the "Company")
announces that it intends to carry out a non-brokered private placement to arms-length and non-arms-length investors which will be
comprised of up to 3,750,000 non-flow-through units for gross proceeds of approximately CDN $300,000.
Non-flow-through units will be sold at a price of CDN $0.08 per unit, each unit consisting of a non-flow-through common share
and one-half (1/2) non-flow-through common share purchase warrant, each whole warrant exercisable at CDN $0.12 for a 24-month
period.
The common share purchase warrants are subject to an accelerated expiry at the option of the Company if the published closing
trade price of the common shares on the Canadian Securities Exchange ("CSE") is greater than or equal to CDN $.50 for any 10
consecutive trading days, in which event the holder may be given notice that the warrants will expire 30 days following the date of
such notice. The common share purchase warrants may be exercised by the holder during the 30 day period between the notice and the
expiration of the common share purchase warrants.
A 7% commission or finder's fee may be paid to certain registered dealers or qualified arms-length third parties involved in the
financing.
Proceeds from the sale of units will be used to for general working capital and to fund exploration of the company's various
projects in Saskatchewan.
About Taiga Gold Corp
Taiga Gold Corp was created through a plan of arrangement with Eagle Plains Resources Ltd. and was listed on the CSE in April,
2018 under the symbol "TGC". The company owns 5 projects targeting gold in the area near the Seabee Gold Operation, owned and
operated by SSRM. Taiga's flagship "Fisher" property is currently being explored by SSRM under option from Taiga.
Taiga's objective is to focus on the exploration and development of its gold projects adjacent the Seabee Gold Operation and along
the Tabbernor Fault structure. Taiga's projects are located in eastern Saskatchewan, a highly-prospective mining jurisdiction which
was recently recognized by the Fraser Institute as the best jurisdiction in Canada in terms of overall investment attractiveness
and third place in the world rankings. Throughout the exploration and development process, the Company's mission is to help
maintain prosperous communities by exploring for and discovering resource opportunities while building lasting relationships
through honest and respectful business practices.
On behalf of the Board of Directors
"Tim J. Termuende"
President and CEO
For further information on TGC, please contact Mike Labach at
1 866 HUNT ORE (486 8673)
Email: info@taigagold.com or visit our website at http://taigagold.com
Cautionary Note Regarding Forward-Looking Statements
Neither the CSE nor any other regulatory body has reviewed or approved the contents of this news
release. This news release may contain forward-looking statements including but not limited to comments regarding the
timing and content of upcoming financings, work programs, geological interpretations, receipt of property titles, potential mineral
recovery processes, etc. Forward-looking statements address future events and conditions and therefore, involve inherent risks and
uncertainties. Actual results may differ materially from those currently anticipated in such statements.
SOURCE: Taiga Gold Corp
