A total of 43,125,000 units of the Company (the 'Units') at a price per Unit of
'The closing of this financing gives us the financial runway we needed until we become operating cash flow positive, which we expect later this year,' commented
About The
The
TGOD's common shares and warrants issued under the indentures dated
Contact:
Tel: (403) 389 9911
Email: sdungey@tgod.ca
Cautionary Statements
This news release includes statements containing certain 'forward looking information' within the meaning of applicable securities law ('forward looking statements'). Forward-looking statements in this release include, but are not limited to, statements about the use of proceeds of the Offering, statements about the Company's financing requirements and anticipated operating cash flow and statements regarding the future development of the Company. Forward-looking statements are based on the opinions and estimates of management at the date the statements are made and are subject to a variety of risks and uncertainties (including market conditions) and other factors that could cause actual events or results to differ materially from those projected in the forward looking statements; reference is made to the estimates and risk factors set out in the short form prospectus relating to the Offering and the discussion of risk factors set out therein and in the documents incorporated by reference, which are available on SEDAR.
Forward looking statements are frequently characterized by words such as 'plan', 'continue', 'expect', 'project', 'intend', 'should', 'believe', 'anticipate', 'estimate', 'may', 'will', 'potential', 'proposed' and other similar words, or statements that certain events or conditions 'may' or 'will' occur. These statements are only predictions. Various assumptions were used in drawing the conclusions or making the projections contained in the forward looking statements throughout this news release. Forward looking statements are based on the opinions and estimates of management at the date the statements are made and are subject to a variety of risks and uncertainties (including market conditions) and other factors that could cause actual events or results to differ materially from those projected in the forward looking statements, including those risk factors described in the Company's most recently filed Annual Information Form available on SEDAR. The Company is under no obligation, and expressly disclaims any intention or obligation, to update or revise any forward looking statements, whether as a result of new information, future events or otherwise, except as expressly required by applicable law.
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