Trans Canada Gold closes C$2.14 million first financing tranche
The Vancouver-based company says proceeds will support Phase 2 drilling at its Harrison Lake gold project in British Columbia.
Event / data period:
Published: · Updated:
Trans Canada Gold said on October 9 that it had closed the first tranche of a previously announced private placement, raising C$2,144,720. The company issued both flow-through and regular units, according to the release.
The company says the financing will support Phase 2 surface and underground exploration and drilling at Harrison Lake in southwestern British Columbia. It expects a second tranche by October 26; the broader offering was capped at C$2.5 million before an additional over-allotment option. These are company plans, not completed drilling or a mineral-resource result.
Data
Source data
Figures and classifications stated in the primary release.
- First-tranche gross proceeds
- 2,144,720 CAD
- 2026-10-09 · Observed
- Maximum announced offering size before over-allotment
- ≤2,500,000 CAD
- 2026-10-09 · Target
Methodology
Values, scope and qualifiers follow the primary release; no conversion or forecast has been added.
Updated:
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