/EINPresswire.com/ -- VANCOUVER, BRITISH COLUMBIA -- (Marketwired) -- 06/23/16 -- Further to Tudor Gold Corp.'s (the "Company" or "Tudor Gold") (TSX VENTURE: TUD) news release dated June 20, 2016 announcing a non-brokered private placement of up to 3,000,000 common shares, at $1.00 per share, the Company wishes to announce part of this private placement will utilize the Investment Dealer Exemption pursuant to Multilateral CSA Notice 45-318. In this regard, the Company confirms there is no material fact or material change about the Company that has not been generally disclosed.

The proceeds from the offering will be used primarily for exploration of the Company's Treaty Creek property and for general working capital.

Walter Storm, President and Chief Executive Officer

Cautionary statements

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Contacts:
Aris Morfopoulos
Chief Financial Officer and Corporate Secretary
604-721-2650