Trifecta Gold Announces Closing of Private Placement
510 – 1100 Melville St. www.trifectagold.com
Vancouver, B.C. V6E 4A6 [email protected]
Tel: 604.687.2522 TSX-V: TG
Trifecta Gold Announces Closing of Private Placement
June 28, 2024 - Trifecta Gold Ltd. (TSX-V: TG) (OTCQB: TRRFF) (“Trifecta” or the “Company”) is
pleased to announce that it has closed its previously announced non -brokered private placement for total
proceeds of $1,478,990 (see news release dated May 30, 2024). The private placement consisted of the
sale of 9,859,934 units at a price of $0.15 per unit, with each unit consisting of one common share and one-
half (1/2) of one share purchase warrant (each whole share purchase warrant a “Warrant”), with each
Warrant entitling the holder to purchase one additional common share at a price of $0.25 per s hare until
June 28, 2025.
Trifecta paid cash finders’ fees totaling $10,665 and issued a total of 66,000 finder warrants to Ventum
Financial Corp., Canaccord Genuity Corp. and Leede Jones Gable Inc. in connection with this private
placement. Each finder warrant is exercisable into one common share of the Company until June 28, 2025
at an exercise price of $0.25 per finder warrant.
All securities issued as part of the closing of this private placement, including any shares that may be issued
pursuant to the exercise of the warrants or the finder warrants, are subject to a hold period in Canada until
October 29, 2024.
The proceeds from the sale of the units will be used to fund exploration activities at Trifecta’s mineral
properties as well as for general working capital purposes.
Insiders of Trifecta purchased a total of 2,868,300 units in the private placement. The participation of these
insiders constituted a related party transaction within the meaning of TSX -V Policy 5.9 and Multilateral
Instrument 61-101 – “Protection of Minority Security Holders in Special Transactions ” (“MI 61-101”).
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% of
Trifecta’s market capitalization.
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. Initial
drilling at its 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. The Company’s Treble Project covers
a large hydrothermal system, located midway between Weste rn 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.
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The securities referred to in this news release have not been, nor will they be, registered under the United
States Securities Act 1933, as amended, and may not be offered or sold within the United States or to, or
for the account or benefit of, U.S. perso ns absent U.S. registration or an applicable exemption from the
U.S. registration requirements. This news release does not constitute an offer for the sale of securities, nor
a solicitation for offers to buy any securities. Any public offering of securities in the United States must be
made by means of a prospectus containing detailed information about the company and management, as
well as financial statements.
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 and CEO
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.