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Trans Canada Gold Completes the Acquisition of the Harrison Lake District Scale Gold Property and First Tranche of the Non-Brokered Private Placement
VANCOUVER, BC / ACCESS Newswire / April 7, 2026 / Trans Canada Gold Corp. (TSXV:TTG)(OTCQB:TT...
About this update from Trans Canada Gold Corp
[{"type":"text","content":" Trans Canada Gold Completes the Acquisition of the Harrison Lake District Scale Gold Property and First Tranche of the Non-Brokered Private PlacementVANCOUVER, BC / ACCESS Newswire / April 7, 2026 / Trans Canada Gold Corp. (TSXV:TTG)(OTCQB:TTGXF) (\"Trans Canada\" or the \"Company\"), is pleased to announce that it has completed the first tranche of its previously announced (see news releases dated February 4, 2026, February 23, 2026 and March 23, 2026) non-brokered private placement (the \"Offering\"), placing a total of 3,516,663 non-flow through units (the \"Units\") at a price of $0.15 per unit and 1,817,839 flow through units (the \"FT Units\") at a price of $0.18 per unit for gross proceeds of $854,711. In addition, the Company has received TSXV acceptance for filing of its Option Agreement respecting the Harrison Lake Gold Property previously announced on February 4, 2026.Private PlacementEach Unit consists of one (1) common share and one (1) common share purchase warrant (an \"NFT Warrant\"). Each NFT Warrant is exercisable at a price of $0.30 per share for a period of three (3) years from the date of issuance. Each FT Unit consists of one (1) common share and one half (1/2) of one common share purchase warrant (an \"FT Warrant\"). Each whole FT Warrant is exercisable at a price of $0.30 per share for a period of two (2) years from the date of issuance. Each flow-through share qualifies as a \"flow-through share\" for the purposes of the Income Tax Act (Canada).In connection with the closing of the first tranche of the Offering, the Company has paid cash finder's fees in the aggregate amount of $43,843 and issued an aggregate of 272,070 finder's warrants to the following finders: Leede Financial Inc., Ventum Financial Corp., PB Markets Inc., Dave Bissoondatt, Emile Rock and EMD Financial Inc. Each finder's warrant is exercisable at a price of $0.30 per share for a period of three (3) years from the date of issuance. All securities issued under the Offering will be subject to a four month hold period expiring August 8, 2026 in accordance with applicable securities laws.The Company will continue with the Offering after this initial closing and hopes to close additional subscriptions at a later date. If the full Offering of 10,000,000 Units and 2,777,777 FT Units is completed, aggregate proceeds of $2,000,000 will be raise...