TORONTO, ON / ACCESSWIRE / January 23, 2023 / Tsodilo Resources Limited (TSX Venture Exchange:TSD) ("Tsodilo" or the "Company") (TSX- V:TSD)(OTCQB:TSDRF)(FSE:TZO) is pleased to announce that it has negotiated a non-brokered private placement (the "Private Placement") of 2,200,941 units of the Company (the "Units") at a price per Unit of CDN $0.20, which will provide gross proceeds to the Company in the amount of CDN $440,188.20. Proceeds from the Private Placement will be used for the advancement of the Xaudum Iron Formation project in Botswana and for general corporate purposes and working capital.
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