Trans Canada Gold Corp. Launches $500,000 Flow-Through Private Placement

Trans Canada Gold Corp. announced a $500,000 non-brokered flow-through private placement. This is in addition to a previously announced private placement. The placement involves 2,777,777 units offered at $0.18 per unit, with proceeds used for drilling at the Harrison Lake Gold Project. Each unit includes one common share and half a share purchase warrant, exercisable at $0.30 for two years.

A finder's fee of 6% is agreed upon for services related to the offering. Up to $100,000 of the placement may involve company insiders. The funds will cover Canadian exploration expenditures at Harrison Lake, renounced for the 2026 tax year. The closing is anticipated by mid-March 2026.

The company is also conducting a separate $1.5 million private placement, with proceeds allocated for acquisition and exploration costs at Harrison Lake. Both offerings are subject to a four-month hold period.