Trifecta Gold Grants Stock Options and Provides Warrant Update

Rhea-AI Summary

Trifecta Gold Ltd. (TRRFF) has announced two key corporate updates. First, the company has granted 1,480,000 incentive stock options to directors, officers, and consultants at an exercise price of $0.285 per share, valid for five years with quarterly vesting starting three months from grant date. Second, the company reminded holders of its June 28, 2025 warrants (strike price $0.25) of the upcoming expiration. To date, 334,167 warrants have been exercised, generating approximately $83,000 in proceeds. The company currently has 45,020,571 shares outstanding and maintains a cash position of approximately $5.5 million.

Positive

• Current cash position stands at approximately $5.5 million
• Company received $83,000 from warrant exercises
• Stock options grant aligns management interests with shareholders

Negative

• Potential dilution from 1,480,000 new stock options
• Additional dilution possible from remaining unexercised warrants before June 28, 2025

News Market Reaction

+3.54%

1 alert

+3.54% News Effect

On the day this news was published, TRRFF gained 3.54%, reflecting a moderate positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

VANCOUVER, BC / ACCESS Newswire / June 4, 2025 / Trifecta Gold Ltd. (TSXV:TG)(OTCQB:TRRFF) ("Trifecta" or the "Company") announces that it has granted incentive stock options to its directors, officers and consultants, entitling them to purchase up to 1,480,000 common shares at a price of $0.285 per share for a period of five years. These options vest on a quarterly basis commencing three months from the date of the grant.

Trifecta reminds holders of its June 28, 2025 warrants with a strike price of $0.25 that the expiration date is approaching. Please contact the Company with any questions regarding the exercise procedure ahead of expiration. To date, 334,167 warrants have been exercised for total proceeds of roughly $83,000, bringing the Company's current issued and outstanding shares to 45,020,571 and its cash position to ~$5.5 million.

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% held gold projects in Yukon and Nevada. Trifecta has secured an option to acquire a 100% interest in Mt. Hinton, Rye and 9 other highly prospective, intrusion-related gold projects located in Yukon's Tombstone Gold Belt where over 17 million ounces of gold have been discovered since May 2020. Initial drilling at the Company's Yuge Gold Project, located in northern Nevada, has identified multiple broad zones of gold mineralization near historical high-grade mines. The Company's Eureka Project hosts an 8 x 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 Corporation's Casino Deposit, the largest copper and gold deposit in the Yukon, and Rockhaven Resources Ltd.'s Klaza Deposit, a high-grade gold-silver deposit.

ON BEHALF OF THE BOARD

"Richard Drechsler"
President and CEO

For further information concerning Trifecta or its various exploration projects please visit www.trifectagold.com or contact:

Corporate Information Trifecta Gold Ltd. Richard Drechsler President, CEO & Director Tel: (604) 687-2522

This news release may contain forward looking statements based on assumptions and judgments of management regarding future events or results that may prove to be inaccurate as a result of exploration and other risk factors beyond its control, and actual results may differ materially from the expected results.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.

SOURCE: Trifecta Gold Ltd.

View the original press release on ACCESS Newswire

FAQ

How many stock options did Trifecta Gold (TRRFF) grant and at what price?

Trifecta Gold granted 1,480,000 incentive stock options at an exercise price of $0.285 per share, valid for five years with quarterly vesting.

What is Trifecta Gold's (TRRFF) current cash position in 2025?

Trifecta Gold's current cash position is approximately $5.5 million.

When do Trifecta Gold's (TRRFF) warrants expire?

Trifecta Gold's warrants with a strike price of $0.25 expire on June 28, 2025.

How many shares does Trifecta Gold (TRRFF) have outstanding?

Trifecta Gold has 45,020,571 shares currently issued and outstanding.

How much money has Trifecta Gold (TRRFF) raised from warrant exercises?

Trifecta Gold has raised approximately $83,000 from the exercise of 334,167 warrants.