Tomagold Stock Price, News & Analysis

TomaGold (OTCPK: TOGOF) announced it has satisfied all acquisition commitments for the first two years of its option with Chibougamau Independent Mines to acquire a 100% interest in the Berrigan Mine, Berrigan South, Antoinette Lake, Élaine Lake and Gwillim properties.

The company received final TSX Venture Exchange approval and amended its Globex option to extend the exploration expenditure requirement from the second to the third anniversary. TomaGold also corrected a prior disclosure: the number of stock options granted is 11.15 million (previously reported as 9.75 million).

TomaGold (OTCPK: TOGOF) closed an oversubscribed non-brokered flow-through private placement raising $348,075.45 through issuance of 5,355,007 flow-through shares at $0.065 per share.

The company paid $9,617.27 in cash finders’ fees and issued 96,173 finder’s compensation warrants exercisable at $0.10 for 24 months. Proceeds are intended for qualifying Canadian exploration expenses; closing remains subject to TSXV final approval and securities carry a four-month plus one-day hold period.

TomaGold also filed for a new non-brokered offering of up to $150,000 (up to 2,727,273 units at $0.055 each) and granted 9,750,000 stock options at $0.065 for five years to directors, officers and consultants. The new offering and securities issuance are subject to TSXV approval.

TomaGold (OTCPK: TOGOF) announced a proposed non-brokered private placement to raise up to $250,000 through the sale of up to 3,846,154 flow-through common shares at $0.065 per FT share.

The company said proceeds will be used to incur eligible Canadian exploration expenses that qualify as flow-through critical mineral mining expenditures under the Income Tax Act (Canada). Securities will be subject to a four-month-and-one-day hold period and the Offering is subject to TSX Venture Exchange approval. The release disclaims any offer in the United States and notes the securities will not be registered under the U.S. Securities Act.

TomaGold (OTCPK: TOGOF) released initial assay results from holes TOM-25-009 and TOM-25-010 at the Berrigan Mine, Chibougamau, Québec.

Key highlights include 6.68% ZnEq over 48.05 m (1.57 g/t AuEq) in TOM-25-009 with a high-grade internal interval of 39.03% ZnEq over 2.90 m, plus multiple other multi-metre polymetallic intercepts. TOM-25-010 returned 2.67% ZnEq over 48.30 m with an internal 12.87% ZnEq over 6.25 m. A borehole EM survey is underway and five follow-up hole assays are pending, with additional results expected in January 2026.

Company noted a significant hydrothermal footprint above the main mineralization that will guide further depth and lateral testing.

TomaGold (OTCPK: TOGOF) received a $1,000,000 final cash payment related to the disposition of its Hazeur, Monster Lake East and Monster Lake West properties.

The funds were paid by IAMGOLD after its acquisition of Northern Superior and are described as non-dilutive, intended to support advancing and scaling exploration across TomaGold’s Chibougamau projects in 2026.

TomaGold retains a 2.0% NSR royalty on all mineral production from the Properties; IAMGOLD may repurchase 1.0% NSR at any time for a one-time cash payment of $1,000,000.

TomaGold (OTCPK: TOGOF) closed the second and final tranche of its non‑brokered private placement on Dec 17, 2025, raising $1,007,000 in the Final Tranche and bringing total proceeds to $2,112,000 (first tranche closed Nov 21, 2025). The Final Tranche issued 11,690,000 flow‑through shares at $0.05 and 10,562,500 units at $0.04 (each unit = 1 share + 0.5 warrant exercisable at $0.08 for 24 months).

The company paid $25,305 in cash finder’s fees and issued 520,130 finder’s warrants. Proceeds from Units are for general working capital; FT proceeds will be incurred as eligible Canadian exploration expenses. All securities are subject to a 4‑month hold and closing remains subject to final TSXV approval.

TomaGold (OTCPK: TOGOF) announced an amendment to its August 11, 2023 mineral property option agreement with SOQUEM covering the David, Radar, Dufault, Williams, Brosman, McKenzie and Bruneau properties.

Key changes: Year 3 anniversary extended to June 1, 2027 with $1,250,000 in required work, Year 4 set to June 1, 2028 with $1,500,000 in required work, and the effective date adjusted so cash, share and work obligations align with the new due dates. Future mining title renewals must be paid in cash or the Agreement will terminate. The Amendment aims to defer work by ~one year due to assay delays and to provide increased financial flexibility. The Amendment is subject to TSX Venture Exchange approval.

TomaGold (OTCPK: TOGOF) closed the first tranche of a non-brokered private placement on November 21, 2025, raising $1,105,000. The financing issued 19,300,000 flow-through shares at $0.05 and 3,500,000 units at $0.04; each Unit includes one share and one-half warrant exercisable at $0.08 for 24 months. The company paid $56,000 in cash finder's fees and issued 1,120,000 finder’s warrants. An officer purchased 750,000 Units for $30,000 (related party). FT proceeds will fund eligible Canadian exploration expenses. Securities carry a statutory hold period of 4 months plus one day and closing is subject to TSXV final approval.

TomaGold (OTCPK: TOGOF) reports completion of all acquisition commitments for the first two years of its option agreements with SOQUEM to acquire 100% of seven Chibougamau properties, marking progress across its project portfolio.

The company is awaiting final geophysical and assay results for eight David Project drill holes and five Berrigan Mine holes, plans winter drilling at Radar with 26 targets, and has staked 49 new claims connecting the western Chibougamau land package.

Financing of $2,250,000 announced Nov 7, 2025 is advancing with a first closing expected shortly; a $1,000,000 contingent payment related to prior property sales is progressing toward a Dec 10, 2025 shareholder meeting by Northern Superior. TomaGold disclosed a US$300,000 fraud loss and is working with Montréal and Milan authorities. TSXV approval for the CIM option remains contingent on a NI 43-101 submission.