Toronto, Ontario – June 4, 2018 – TeraGo Inc. (“TeraGo” or the “Company”) (TSX: TGO, www.terago.ca), announces that further to its previously announced bought deal offering (the “Offering”) on May 29, 2018, it has entered into an underwriting agreement with a syndicate of underwriters led by TD Securities Inc., and including Cormark Securities Inc. and Desjardins Securities Inc. (collectively, the “Underwriters”) who have agreed to buy on a bought deal basis 1,133,000 common shares of TeraGo (“Common Shares”) at a price of $5.30 per Common Share (the “Offering Price”) for gross proceeds of $6,004,900. In connection with the Offering, the Company has also filed today a preliminary short form prospectus (the “Preliminary
Prospectus”).