Tudor Gold Corp (TUD)

[douginil]

TUDOR GOLD Announces Closing of $ 4.9 Million Non-Brokered
Private Placement of Flow-Through Shares

Vancouver, British Columbia – December 1, 2020 - Tudor Gold Corp. (TSXV: TUD) (Frankfurt: TUC) (the "Company" or "Tudor Gold") is pleased to announce that Tudor Gold has completed a non-brokered private placement of 1,448,623 flow-through common shares (the “FT Shares”) at a price of $3.40 per FT Share, for aggregate gross proceeds of approximately $4,925,318.20 (the “Private Placement”).

The proceeds from the sale of the FT Shares will be used to fund exploration on the Company’s Treaty Creek Project.