Brief: TomaGold announces strategic investment of $2.5 mln by Iamgold

TomaGold

10/08/2017 12:03

Aug 10 (Reuters) - TomaGold Corp  LOT.V  
    * TomaGold announces strategic investment of $2.5 million by 
Iamgold 
    * TomaGold Corp - Iamgold agreed to subscribe by way of 
private placement 27.8 million common shares of TomaGold at a 
price of $0.09 per common share 
    * TomaGold Corp - Transaction closing, Iamgold will own 
about 19.98% of issued and outstanding common shares of TomaGold 
on a non-diluted basis 
    * TomaGold Corp - Proceeds from $2.5 million private 
placement will be primarily used for exploration on TomaGold's 
properties 
 
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