TomaGold Corp LOT.V :
* TOMAGOLD ANNOUNCES SPIN-OUT CORPORATION FOR MONSTER LAKE AND NEWLY ACQUIRED GOLD ASSETS
* TOMAGOLD CORP - COMBINED SPIN-OUT ASSETS VALUED AT C$22.66 MILLION
* TOMAGOLD CORP - NEW CONSOLIDATED MONSTER LAKE SECTOR WILL CONSIST OF 610 CLAIMS COVERING 311 SQUARE KILOMETRES
* TOMAGOLD CORP - CONCURRENT WITH SPIN-OUT, CO INTENDS TO COMPLETE A FINANCING INTO MONSTER EXPLORATION FOR MINIMUM GROSS PROCEEDS OF C$8 MILLION