TomaGold

Financials:

Primary tickers: TSXV:LOT, OTCQB: TOGOF
Stage of development: Exploration
Primary minerals: Lithium, Rare Earths, Gold, Copper
Projects to promote: Obalski, Star Lake and Brisk Extension Projects
Project location: Canada
Website: www.tomagoldcorp.com

TomaGold Corporation (TSXV: LOT) (OTCQB: TOGOF) is a Canadian mineral exploration company engaged in the acquisition, assessment, exploration and development of gold, copper, rare earth elements and lithium projects. TomaGold holds interests in five gold properties near the Chibougamau mining camp in northern Quebec: Obalski, Monster Lake East, Monster Lake West, Hazeur and Doda Lake, as well as a 24.5% interest through a joint venture with Evolution Mining Ltd. and New Gold Inc. in the Baird property, located near the Red Lake mining camp in Ontario. In addition, it owns a 100% interest in the Brisk Extension lithium property and in the Star Lake rare earth elements property, located in the James Bay region of Quebec.

 

Cash: c. CAD2.5M

Debt: NIL

 

Major Shareholders:

IAMGOLD – 18.5%

Family offices/Other funds – 30%

Management Ownership – 2.8%

Management Profile

David Grondin – President & CEO


David Grondin has worked in the financial and mining sectors for over 20 years. He has been President and Chief Executive Officer of TomaGold since December 2011. He was President and Chief Executive Officer of NQ Exploration from October 2007 to May 2018 during the spin-off process that created Imperial Mining (TSXV: IPG) and AM Resources. He also acted as a financial analyst for CTI Capital Inc. from 1997 to 2000. Mr. Grondin has a bachelor’s degree in business administration (finance) from HEC Montréal and extensive experience in initial public offerings, mergers and acquisitions and reverse takeovers. 

What is your rationale for taking part 121 Mining Investment?

We are looking for market support and get broader exposure to institutional investors.

What recent news would you like to highlight to investors attending?

14/8/2023 
TomaGold signs agreements to acquire majority of Chibougamau Mining Camp properties 
 
09/05/23
TomaGold provides an update on current and future activities at its Obalski, Star Lake and Brisk projects
 
05/04/23
TomaGold intersects 27.75 m at 0.84 g/t Au on Obalski and increases grade of reanalyzed gold samples to up to 38% 02/03/23 TomaGold announces results of geophysical work on its Obalski property
 
14/01/23
TomaGold reports high-grade sample of 3.95% TREO at Star Lake and doubles the size of its property

What are the top 3 key investor takeaways?

1. Very well capitalised

 

2. Highly undervalued

 

3. Projects with proven potential in a prolific mining camp