03:44 PM EST - Tembo Gold Corp. : announced a proposed strategic financing for the Company. The Company proposes to complete a non-brokered private placement consisting of up to 13,333,334 units at a price per Unit of $0.15 and up to 44,380,000 subscription receipts at a price per Subscription Receipt of $0.15 for total gross proceeds of up to $8.657 million with a minimum financing condition of $7 million. Tembo Gold Corp.
shares T.TEM are trading up $0.04 at $0.13.
