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Trifecta Gold (TSXV:TG)(OTCQB:TRRFD) announced a private placement to raise up to $1,500,000 through the sale of 10,000,000 units at $0.15 per unit. Each unit includes one common share and one-half of a common share purchase warrant, with a whole warrant enabling the purchase of one common share at $0.25 within 12 months of closing. The shares and warrants are subject to a hold period of four months plus one day in Canada. Proceeds will fund exploration activities and working capital. Additionally, Trifecta reached a binding agreement with Strategic Metals to acquire up to 100% of Mt. Hinton and 10 other gold projects in Yukon. The transaction requires disinterested shareholder approval at the Annual General and Special Meeting on June 24, 2024.
Trifecta Gold announced the addition of Dr. Moira Smith as a Technical Advisor, bringing valuable experience in gold exploration. Dr. Smith's expertise in identifying economic deposits will guide exploration efforts at Mt. Hinton. Trifecta recently entered an agreement to acquire Mt. Hinton and other gold projects in Yukon's Tombstone Gold Belt.
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