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Trans Canada Gold Provides Update on Non-Brokered Private Placement and Flow-through Private Placement for Drilling at the Harrison Lake District Scale Gold Property Acquisition
VANCOUVER, BC / ACCESS Newswire / March 23, 2026 / Trans Canada Gold Corp. (TSXV:TTG)(OTCQB:T...
About this update from Trans Canada Gold Corp
[{"type":"text","content":"Trans Canada Gold Provides Update on Non-Brokered Private Placement and Flow-through Private Placement for Drilling at the Harrison Lake District Scale Gold Property AcquisitionVANCOUVER, BC / ACCESS Newswire / March 23, 2026 / Trans Canada Gold Corp. (TSXV:TTG)(OTCQB:TTGXF) (\"Trans Canada\" or the \"Company\"), announces an update respecting its Non-Brokered Private Placement of flow through and non-flow through units previously announced on February 4, 2026 and February 23, 2026 (the \"Offering News Releases\"), and its Option Agreement respecting the Harrison Lake Gold Property previously announced on February 4, 2026.PRIVATE PLACEMENTThe non-flow through portion of the private placement consists of 10,000,000 units (the \"Units\") at a price of CDN $0.15 per Unit to raise gross proceeds of up to CDN$1,500,000 (the \"NFT Offering\"). Each 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. The flow through portion of the offering consists of 2,777,777 units (the \"FT Units\") at a price of CDN $0.18 per FT Unit to raise gross proceeds of up to CDN$500,000 (the \"FT Offering\"). Each FT Unit consists of one (1) common share and one half (1/2) of one common share purchase warrant (an \"FT Warrant\"). Each 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).The Company has agreed to pay finder's fees in connection with the NFT Offering and the FT Offering (collectively, the \"Offering\") as set out in the Offering News Releases. All securities issued under the Offering will be subject to a four month hold period from the date of issuance in accordance with applicable securities laws. The Offering is subject to approval from the TSX Venture Exchange. Closing of the Offering is expected to occur by early April 2026.The Company intends to use the proceeds of the Offering for due diligence and other costs related to the acquisition of the Harrison Lake Gold Property located in Southwestern British Columbia (the \"Property\") ($50,000), initial acquisition costs payable to Bear Mountain Gold Mines...