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TomaGold Company (TSXV: LOT,OTC:TOGOF; OTCPK: TOGOF) (” TomaGold ” or the ” Firm “) is happy to announce that, additional to its information releases dated June 16, July 11, July 18 and October 22, 2025, relating to the disposition of its wholly-owned Hazeur, Monster Lake East and Monster Lake West properties (the ” Properties “) to Northern Superior Sources Inc. (” Northern Superior “), the Firm has obtained a $1,000,000 closing money cost from IAMGOLD Company, which just lately acquired Northern Superior.
David Grondin, President and CEO of TomaGold, commented: “We’re happy to obtain these further non-dilutive funds, which is able to allow us to additional advance and scale our exploration actions throughout our Chibougamau tasks in 2026.”
TomaGold retains a 2.0% web smelter returns (NSR) royalty on all mineral manufacturing from the Properties. IAMGOLD Company has the proper to repurchase one half (1.0%) of the NSR at any time for a one-time money cost of $1,000,000.
About TomaGold
TomaGold Corp. (TSXV: LOT,OTC:TOGOF, OTCPK: TOGOF) is a Canadian junior mining firm centered on the acquisition, exploration, and improvement of high-potential treasured and base steel tasks, with a main concentrate on gold and copper in Quebec and Ontario. The Firm’s core belongings are situated within the Chibougamau Mining Camp in northern Quebec, the place it owns the Obalski gold-copper-silver mission and holds choices to accumulate 12 further properties, together with the Berrigan Mine, Radar, David, and Dufault tasks. TomaGold additionally holds a 24.5% three way partnership curiosity within the Baird gold property close to the Crimson Lake Mining Camp in Ontario. As well as, the Firm has lithium and uncommon earth component (REE) tasks within the James Bay area, strategically positioned close to important current discoveries.
Cautionary Assertion on Ahead-Wanting Data
This information launch consists of sure statements that could be deemed “forward-looking statements”. All statements on this information launch, apart from statements of historic information, that handle occasions or developments that the Firm expects to happen, are forward-looking statements. Ahead-looking statements are statements that aren’t historic information and are usually, however not at all times, recognized by the phrases “expects”, “plans”, “anticipates”, “believes”, “intends”, “estimates”, “tasks”, “potential” and comparable expressions, or that occasions or situations “will”, “would”, “could”, “might” or “ought to” happen. Though the Firm believes the expectations expressed in such forward-looking statements are primarily based on affordable assumptions, such statements will not be ensures of future efficiency and precise outcomes could differ materially from these within the forward-looking statements. Elements that would trigger the precise outcomes to vary materially from these in forward-looking statements embrace the potential outcomes of exploration and drilling actions, market costs, continued availability of capital and financing, and basic financial, market or enterprise situations. Buyers are cautioned that any such statements will not be ensures of future efficiency and precise outcomes or developments could differ materially from these projected within the forward-looking statements. Ahead-looking statements are primarily based on the beliefs, estimates and opinions of the Firm’s administration on the date the statements are made. Besides as required by relevant securities legal guidelines, the Firm undertakes no obligation to replace these forward-looking statements within the occasion that administration’s beliefs, estimates, opinions, or different components ought to change.
Neither TSX Enterprise Trade nor its Rules Providers Supplier (as that time period is outlined within the insurance policies of the TSX Enterprise Trade) accepts accountability for the adequacy or accuracy of this information launch.
View supply model on businesswire.com: https://www.businesswire.com/information/residence/20251219025796/en/
David Grondin
President and Chief Govt Officer
(514) 583-3490
www.tomagoldcorp.com
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