Tudor Gold Announces Appointment of Ms. Diana Swain to the Advisory Board

Rhea-AI Summary

Tudor Gold Corp (TSXV: TUD) has announced the appointment of Diana Swain to its Advisory Board. Swain, founder of Diana Swain Strategies, brings nearly 40 years of journalism experience, including significant roles at CBC News as Managing Editor of Investigations and Executive Producer of The Fifth Estate.

The company also provided an update on its ATM Program launched on February 13, 2024. During the quarter ended March 31, 2025, Tudor issued 2,309,600 common shares at an average price of C$0.6862 per share, raising gross proceeds of C$1,584,741.57. The ATM Program allows Tudor to issue up to $20,000,000 of common shares from treasury.

Positive

• Raised C$1.58M through ATM Program in Q1 2025
• Strengthened corporate communications with appointment of experienced media professional to Advisory Board

Negative

• Ongoing share dilution through ATM Program

Vancouver, British Columbia--(Newsfile Corp. - April 10, 2025) - Tudor Gold Corp. (TSXV: TUD) (FSE: H56) (the "Company" or "Tudor") is pleased to announce that Ms. Diana Swain has been appointed to the Company's Advisory Board, effective immediately.

​Ms. Swain is the founder of Diana Swain Strategies, an executive communications consulting firm based in Toronto.

She launched her firm after completing a nearly 40-year career as a distinguished Canadian journalist well-known for her award-winning on-air and leadership positions at CBC News.

During her tenure, she held pivotal editorial roles including Managing Editor of Investigations with oversight of the network's investigative properties, and Executive Producer of The Fifth Estate from 2021-2023, leading the program to win the Canadian Screen Award for Best News or Information Series in her inaugural season.

Swain is widely recognized for her extensive on-air career which included helming "The Investigators with Diana Swain" from 2016-2019, a program that delved into the intricacies of journalism and investigative reporting. She spent decades as a senior correspondent with CBC News, reporting on stories from across the country and around the world, providing in-depth coverage across various media platforms.

Her reporting extended to international events, covering three Olympic Games: Beijing in 2008, Sochi in 2014, and Pyeongchang in 2018, offering audiences nuanced perspectives on these global spectacles.

Throughout her career, Swain received multiple national and international accolades, including being the first woman in Canada to win the national award for Best News Anchor, an honour she secured three times.

In recognition of her contributions to journalism, she was awarded an honourary degree from Humber College in 2010 and an Honourary Doctorate of Technology from The British Columbia Institute of Technology (BCIT) in 2017.

In addition to leading her consulting firm, Swain also serves as a Forum Chair and Strategic Advisor for MacKay CEO Forums, further contributing to the development of Canada's business community.​

Ken Konkin, President and CEO, comments: "Tudor Gold is very excited to welcome Diana Swain to the Advisory Board. I've had the pleasure of knowing Diana for many years and now have the privilege of working with her as she advises the Company on effectively communicating our corporate messaging. Diana is a seasoned journalist and media personality, recognized for her insightful commentary on current affairs and investigative journalism. She has been a trusted and highly respected figure in Canadian media for decades and is a tremendous addition to our team. Diana's ability to distill complex information and connect with stakeholders will be an incredible asset as we continue to grow our presence and communicate our vision with clarity and impact. We all sincerely welcome Diana and look forward to her valued input as the newest member of our team."

The Company also provides a quarterly update with respect to the Company's previously announced "at-the-market" equity program (the "ATM Program") launched on February 13, 2024. The ATM Program allows the Company to issue and sell, from time to time, up to $20,000,000 of its common shares from treasury to the public, at the Company's discretion, pursuant to an equity distribution agreement between the Company and Research Capital Corporation (the "Agent").

During the quarterly period ended March 31, 2025, the Company issued a total of 2,309,600 common shares on the TSX Venture Exchange at an average price of C$0.6862 per share under the ATM Program, providing gross proceeds of C$1,584,741.57. Commissions of C$39,618.54 were paid to the Agent in relation to these distributions.

For further details on the ATM Program, see the Company's news release dated February 14, 2024.

About Tudor Gold

TUDOR GOLD CORP. is a precious and base metals exploration and development company with claims in British Columbia's Golden Triangle (Canada), an area that hosts producing and past-producing mines and several large deposits that are approaching potential development. The 17,913 hectare Treaty Creek Project (in which TUDOR GOLD has a 60% interest) borders Seabridge Gold Inc.'s KSM property to the southwest and borders Newmont Corporation's Brucejack property to the southeast.

ON BEHALF OF THE BOARD OF DIRECTORS OF
TUDOR GOLD CORP.

"Ken Konkin"

Ken Konkin
President and Chief Executive Officer

For further information, please visit the Company's website at www.tudor-gold.com or contact:
Chris Curran
Vice President of Investor Relations and Corporate Development
Phone: (604) 559 8092
E-Mail: chris.curran@tudor-gold.com

Or

Patrick Donnelly
Vice President of Capital Markets
Phone: (604) 559 8092
E-Mail: patrick@tudor-gold.com

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.

Cautionary Statements regarding Forward-Looking Information

This news release contains "forward-looking information" within the meaning of applicable Canadian securities legislation. "Forward-looking information" includes, but is not limited to, statements with respect to the activities, events or developments that the Company expects or anticipates will or may occur in the future, including the completion and anticipated results of the key objectives in the Company's strategic plan, and planned exploration activities. Generally, but not always, forward-looking information and statements can be identified by the use of words such as "plans", "expects", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates", or "believes" or the negative connotation thereof or variations of such words and phrases or state that certain actions, events or results "may", "could", "would", "might" or "will be taken", "occur" or "be achieved" or the negative connotation thereof.

Such forward-looking information and statements are based on numerous assumptions, including among others, that the Company's strategic plan and planned exploration activities will be completed in a timely manner. Although the assumptions made by the Company in providing forward-looking information or making forward-looking statements are considered reasonable by management at the time, there can be no assurance that such assumptions will prove to be accurate.

There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Company's plans or expectations include risks relating to the actual results of current exploration activities, fluctuating gold prices, possibility of equipment breakdowns and delays, exploration cost overruns, availability of capital and financing, general economic, market or business conditions, regulatory changes, timeliness of government or regulatory approvals and other risks detailed herein and from time to time in the filings made by the Company with securities regulators.

Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in the forward-looking information or implied by forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that forward-looking information and statements will prove to be accurate, as actual results and future events could differ materially from those anticipated, estimated or intended. Accordingly, readers should not place undue reliance on forward-looking statements or information.

The Company expressly disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise except as otherwise required by applicable securities legislation.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/248018

FAQ

How much did Tudor Gold (TDRRF) raise through its ATM Program in Q1 2025?

Tudor Gold raised C$1,584,741.57 in gross proceeds by issuing 2,309,600 common shares at an average price of C$0.6862 per share.

What is the total size of Tudor Gold's (TDRRF) ATM Program launched in February 2024?

The ATM Program allows Tudor Gold to issue and sell up to $20,000,000 of its common shares from treasury.

Who is the newest Advisory Board member at Tudor Gold (TDRRF)?

Diana Swain, founder of Diana Swain Strategies and former CBC News journalist with 40 years of experience, was appointed to Tudor Gold's Advisory Board.

What was the commission paid to the Agent for Tudor Gold's (TDRRF) Q1 2025 ATM Program?

Tudor Gold paid C$39,618.54 in commissions to Research Capital for the Q1 2025 ATM distributions.