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Trans Canada Gold Raises CAD 2.21 Million in Private Placement

PUBT·10/26/2026 22:41:22
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Trans Canada Gold Raises CAD 2.21 Million in Private Placement
  • Trans Canada Gold closed its non-brokered private placement on October 26, 2026, raising aggregate gross proceeds of CAD 2.21 million.
  • The final tranche raised CAD 61,018 through 242,200 flow-through units at CAD 0.19 and 88,234 non-flow-through units at CAD 0.17.
  • Each unit includes one common share and half a warrant; whole warrants are exercisable at CAD 0.30 for two years.
  • Proceeds will fund Phase 2 exploration and drilling at Harrison Lake, budgeted at approximately CAD 1.7 million, including contingency.
  • Working capital allocations include a CAD 400,000 reserve for potential participation in future drilling at the Lloydminster oil and gas property.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Trans Canada Gold Corp. published the original content used to generate this news brief on October 26, 2026, and is solely responsible for the information contained therein.