on Trifecta Gold Ltd. (CVE:TG)
Trifecta Gold Completes $1.66 Million Private Placement
Trifecta Gold Ltd. has finalized a non-brokered private placement, raising $1.66 million. This follows announcements made in mid-June. The investment included the issuance of 5,750,000 flow-through shares at $0.20 each and 3,000,000 ordinary shares at $0.17 each. Condire Investors participated to maintain a 19.9% stake in the company.
The funds will support exploration activities in Yukon's Tombstone Gold Belt and general operations. The Tombstone Gold Belt is known for large gold deposits like Fort Knox and Eagle in Alaska and Yukon, respectively.
Finder fees totaled $71,550 with 360,000 finder warrants issued. These warrants allow purchases at $0.30, expiring on July 3, 2027. Insiders acquired 2,193,750 shares under the private placement.
R. H.
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