> TERAGO CLOSES $6.9 MILLION BOUGHT DEAL OFFERING

TERAGO CLOSES $6.9 MILLION BOUGHT DEAL OFFERING

Toronto, Ontario – June 18, 2018 – TeraGo Inc. (“TeraGo” or the “Company”) (TSX: TGO, www.terago.ca), is pleased to announce that it has closed its previously announced bought deal offering (the “Offering”), including the exercise in full of the underwriters’ over-allotment option. The Company issued and sold today an aggregate of 1,302,950 Common Shares at a price of $5.30 per Common Share for gross proceeds of $6,905,635.

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