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Trans Canada Gold closes first tranche of private placement for gross proceeds of CDN $2.14 million
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Trans Canada Gold closes first tranche of private placement for gross proceeds of CDN $2.14 million
  • Trans Canada Gold closed the first tranche of a non-brokered private placement, raising gross proceeds of CDN $2.14 million.
  • Issued 7,850,784 flow-through units at CDN $0.19, raising CDN $1.49 million; each unit includes a half-warrant exercisable at $0.30.
  • Sold 3,841,590 non-flow-through units at CDN $0.17, raising CDN $653,070; each unit includes a half-warrant exercisable at $0.30.
  • Proceeds earmarked mainly for Phase 2 exploration, underground and surface drilling at the Harrison Lake Gold Project; some for working capital.
  • Second tranche targeted by Oct. 26, 2026; total offering up to CDN $2.5 million, with a 15% over-allotment option.


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 via ACCESS Newswire (Ref. ID: 202610091700ACCESSWRNAPR_____1235198) on October 09, 2026, and is solely responsible for the information contained therein.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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