TG World Energy announces that it has closed its previously announced private placement of 41,650,000 common shares of the Corporation, at a price of $0.05 per Common Share and the issuance of a $1,317,500 principal amount convertible promissory note for aggregate gross proceeds of $3,400,000. In connection with the Private Placement, TVI acquired 29,650,000 Common Shares and the Note at an aggregate purchase price
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