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Trifecta Gold Ltd (2)
Symbol TG
Shares Issued 47,701,721
Close 2026-07-02 C$ 0.195
Market Cap C$ 9,301,836
Recent Sedar+ Documents

Trifecta Gold closes $1.66-million private placement

2026-07-03 15:55 ET - News Release

Mr. Richard Drechsler reports

TRIFECTA GOLD ANNOUNCES CLOSING OF $1.66 MILLION PRIVATE PLACEMENT

Trifecta Gold Ltd. has closed its previously announced non-brokered private placement for total proceeds of $1.66-million (see Trifecta's news releases dated June 15, 2026, and June 17, 2026). Condire Investors participated to maintain its 19.9-per-cent equity interest.

The private placement consisted of the sale of 5.75 million flow-through shares at a price of 20 cents per share and three million ordinary common shares at a price of 17 cents per share.

The company will use the proceeds from the private placement to finance exploration at its Tombstone gold belt projects in Yukon, Canada, and for general working capital.

Trifecta paid cash finders' fees totalling $71,550 and issued a total of 360,000 finder warrants to Ventum Financial Corp. of Vancouver, B.C., Raymond James Ltd. of Vancouver, B.C., Eskar Capital Corp. of Montreal, Que., and Castlewood Capital Corp. of Toronto, Ont. Each finder warrant will entitle the holder to purchase one common share of Trifecta until July 3, 2027, at an exercise price of 30 cents per finder warrant. All securities issued as part of the closing of the private placement, including any shares that may be issued pursuant to the exercise of the finder warrants, are subject to a hold period in Canada until Nov. 4, 2026.

Insiders of Trifecta purchased a total of 2,193,750 common shares pursuant to the private placement. The participation of these insiders in the private placement constituted a related party transaction within the meaning of TSX Venture Exchange Policy 5.9 and Multilateral Instrument 61-101, Protection of Minority Security Holders in Special Transactions. Trifecta has relied on exemptions from the formal valuation and minority shareholder approval requirements provided under sections 5.5(a) and 5.7(a) of MI 61-101 on the basis that the fair market value (as determined under MI 61-101) of insider participation in the private placement did not exceed 25 per cent of Trifecta's market capitalization.

Tombstone gold belt

Extending more than 1,000 kilometres from the Fairbanks district in Alaska eastward across the entire width of Yukon, the Tombstone gold belt hosts many large reduced intrusion-related gold system (RIRGS) mines such as Fort Knox in Alaska (greater than 10 million ounces), Eagle and Olive in Yukon (greater than four million ounces) and the past-producing Brewery Creek mine, also in Yukon. Since May, 2020, over 20 million additional ounces of gold have been discovered in the Yukon portion of the belt, including Snowline Gold's Tier 1 Valley discovery, Sitka Gold's RC deposit, Banyan Gold's AurMac deposits and Victoria Gold's Raven deposit.

Tombstone gold belt systems are characterized by sheeted, auriferous quartz veins forming in the carapace zones of Cretaceous-age plutons. They have a characteristic geochemical signature with a gold-bismuth-tellurium-plus-or-minus-tungsten core within a broader gold-arsenic halo. The deposits are found within and surrounding the reduced intrusions and typically exhibit a geophysical signature comprising a magnetic low (that is, reduced) coinciding with a conductivity low. Veining in RIRGS is typically zoned with a core of sheeted veins surrounded by more discrete gold-arsenic veins and more distal silver-lead-zinc veins.

About Trifecta Gold Ltd.

Trifecta is a Canadian-based precious metals exploration company dedicated to increasing shareholder value through the discovery and development of 100-per-cent-held gold projects in mining-friendly jurisdictions. Trifecta has secured an option to acquire a 100-per-cent interest in Mount Hinton, Rye and nine other highly prospective, intrusion-related gold projects located in Yukon's Tombstone gold belt, where over 20 million ounces of gold have been discovered since May, 2020. The company's Eureka project hosts an eight-kilometre-by-2.5-kilometre belt of surface showings and anomalous gold in soil that straddle the headwaters of two of the most productive placer creeks in Yukon's southern Klondike goldfields. Trifecta's Treble project covers a large hydrothermal system, located midway between Western Copper and Gold Corp.'s Casino deposit, the largest copper and gold deposit in Yukon, and Rockhaven Resources Ltd.'s Klaza deposit, a high-grade gold-silver deposit.

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