Trans Canada Gold to Raise CA$1.5 Million in Private Placement of Units

05:20 PM EDT, 09/14/2026 (MT Newswires) -- Trans Canada Gold (TTG.V) plans to raise up to CA$1.5 million in a private placement financing of flow-through (FT) and non-flow-through (NFT) units, the company said after trade on Monday. Trans Canada will issue up to 3.95 million FT units at CA$0.19 each, for CA$750,000 in proceeds. Each FT unit will consist of one FT share and and half of a two-year warrant to buy a share at CA$0.30. The company will issue up to 4.4 million NFT units at CA$0.17 apiece, for CA$750,000 in proceeds. Each NFT unit consists of one share and half of one two-year warrant to buy a share at $0.30. The offering is expected to close in mid-October. Proceeds will be used for year Phase 2 exploration and underground and surface drilling costs for the Harrison Lake Property in British Columbia and general working capital.