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Tsodilo Resources Limited Closes Private Placement Financing For Units

PRIVATEJan 25, 2023

Round Type

Post-IPO Equity

TorontoManufacturingMiningPrecious MetalsMineral

Investors

Tsodilo Resources Limited

Description

TORONTO, ON / January 25, 2023 / Tsodilo Resources Limited (TSX Venture Exchange: TSD) ("Tsodilo" or the "Company") (TSXV:TSD)(OTCQB:TSDRF)(FSE:TZO) is pleased to announce the closing of the previously announced private placement financing (the "Financing") for gross proceeds to the Company of C$500,188.20 on January 25, 2023, through the issuance of 2,500,941 units of securities of the Company (the "Units") at a subscription price of C$0.20 per Unit.

Quick answer

Tsodilo Resources Limited raised an undisclosed amount in a Post-IPO Equity round, dated January 25, 2023. Investors: Tsodilo Resources Limited. Tsodilo Resources Limited is based in Toronto, Ontario, Canada.

How much did Tsodilo Resources Limited raise?
Tsodilo Resources Limited raised an undisclosed amount in a Post-IPO Equity round on January 25, 2023.
Who invested in Tsodilo Resources Limited?
Tsodilo Resources Limited is named as investors in this round.
What does Tsodilo Resources Limited do?
Tsodilo Resources Limited is an international diamond and metals exploration company engaged in the search for economic diamond and metal deposits at its Bosoto (Pty) Limited ("Bosoto") and Gcwihaba Resources (Pty)..
Where is Tsodilo Resources Limited based and how big is it?
Tsodilo Resources Limited is based in Toronto, Ontario, Canada.
Who are the decision-makers at Tsodilo Resources Limited?
Fundz holds 1 contact at Tsodilo Resources Limited, including the Vice President, Exploration. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Mining and Precious Metals around the same time

Companies in the same sectors as Tsodilo Resources Limited that raised within 45 days of this round, from Fundz verified event records.

  • Pampa Metals raised $18K (Pre-Seed) on March 2, 2023.
  • Canada Nickel Company raised $24M on February 8, 2023.
  • Nexus Uranium raised $294K (Seed) on March 1, 2023.
  • Rover Metals raised an undisclosed amount (Funding Round) on February 27, 2023.
  • Signal Gold raised $5M (Seed) on February 24, 2023.
  • i-80 Gold Corp. raised $8.7M on February 22, 2023.

Who to call at Tsodilo Resources Limited, and when

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Company Information

Company

Tsodilo Resources Limited

Location

Toronto, Ontario, Canada

About

Tsodilo Resources Limited is an international diamond and metals exploration company engaged in the search for economic diamond and metal deposits at its Bosoto (Pty) Limited ("Bosoto") and Gcwihaba Resources (Pty) Limited ("Gcwihaba") projects in Botswana. The Company has a 100% stake in Bosoto which holds the BK16 kimberlite project in the Orapa Kimberlite Field (OKF) in Botswana and a 100% stake in its Gcwihaba project area consisting of five metal (base, precious, platinum group, and rare earth) prospecting licenses all located in the North-West district of Botswana. Tsodilo manages the exploration of the Gcwihaba and Bosoto projects.

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Related People

1 contact
Verified contactsPeter W.A. W., Vice President, Exploration hiddenSee plans and pricing
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Tsodilo Resources Limited raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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