Trifecta Gold Secures $5.3 Million Private Placement Led by Crescat

Vancouver-based Trifecta Gold Ltd. has announced a $5.31 million private placement. The transaction involves issuing 12,790,000 Charity Flow-Through Units at $0.38 each, and 1,668,704 units at $0.27 each. Each unit includes one common share and half a warrant, allowing the purchase of an additional share at $0.40 within two years.

The financing will support exploration activities in Yukon's Tombstone Gold Belt and provide working capital. Crescat Capital has become a significant shareholder with a 9.9% stake. Richard Drechsler, CEO of Trifecta, stated that the funds would aid in advancing discoveries made in 2024 at Mt. Hinton and Rye projects.

Trifecta's projects in Yukon and Nevada aim to leverage the potential for significant gold discoveries, continuing the trend of recent successes in the region.