Trans Canada Gold Increases Financing Target to CAD $2.5 Million
Trans Canada Gold has raised the target of its previously announced non-brokered private placement from CAD $1.5 million to up to CAD $2.5 million. The financing will include up to CAD $1.5 million through flow-through units priced at CAD $0.19 each, with each unit including half a warrant exercisable at CAD $0.30. The increase in the financing target suggests that Trans Canada Gold is seeking additional capital for its operations or exploration activities. The company aims to raise funds by issuing both common shares and warrants as part of this private placement offering.
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