Trifecta Gold Ltd. Closes Initial Tranche of Private Placement and Provides Exploration Update
1016 – 510 W Hastings St. www.trifectagold.com
Vancouver, B.C. V6B 1L8 [email protected]
Tel: 604.687.2522 TSX-V: TG
Trifecta Gold Ltd. Closes Initial Tranche of Private Placement and Provides Exploration Update
NOT FOR DISSEMINATION OR DISTRIBUTION IN THE UNITED STATES AND NOT FOR DISTRIBUTION TO
UNITED STATES NEWSWIRE SERVICES
July 25, 2017 - Trifecta Gold Ltd. (TSX-V: TG) (“Trifecta”) announces that it has raised $852,500 by
way of private placement for exploration and general working capital. Trifecta also announces that it has
received an expanded 10 -year Class 3 Mining Land Use Approval for its road -accessible Trident
property, allowing up to 300 diamon d drill holes annually. A diamond drill and fuel is expected to be
mobilized to the property by truck during the first week of August, with drilling anticipated to begin
shortly thereafter. A crew is currently onsite conducting surface exploration at the Trident property.
The first tranche of the private placement, as increased and amended on July 18, 2017, was closed now to
satisfy certain requirements of the TSX Venture Exchange and to allow Trifecta to spend flow -through
dollars on the current explorat ion work and drill program . The first tranche c losing consisted of the
issuance of:
1,202,000 flow-through units at $0.25 per flow -through unit, for total consideration of $ 300,500;
and
2,760,000 non-flow-through units at $0.20 per unit, for total consideration of $552,000.
Each flow-through unit consisted of one flow -through common share and one -half (1/2) of a non -flow-
through share purchase warrant. Each non-flow-through unit consisted of one non-flow-through common
share and one-half (1/2) of a non-flow-through share purchase warrant. Each full warrant from either the
flow-through units or the non -flow-through units entitles the holder to purchase on e non -flow-through
common share at a price of $0.30 until July 21, 2018. In the event the closing price of Trifecta’s common
shares as traded on the TSX Venture Exchange is equal to or greater than $0.35 for a period of ten (1 0)
consecutive trading days subsequent to November 22, 2017, Trifecta may give notice of an early expiry of
the warrants, in which case the warrants would expire thirty (30) calendar days from the giving of such
notice.
Trifecta paid cash finders’ fees totaling $ 3,720 in connection wi th the first tranche closing, distributed
among Haywood Securities Inc. , Canaccord Genuity Corp. and PI Financial Corp., each of Vancouver,
British Columbia.
All of the securities issued pursuant to the first tranche, including any shares issued pursuant t o the
exercise of any of the share purchase warrants disclosed herein, will be subject to a hold period expiring
on November 22, 2017.
Trifecta anticipates a second tranche of the private placement will close by mid-August 2017.
About Trifecta Gold Ltd.
2
Trifecta is a Canadian precious metal exploration company dedicated to increasing shareholder value
through the acquisition and development of attractive exploration projects in Canada and other mining -
friendly jurisdictions.
ON BEHALF OF THE BOARD
“Dylan Arnold-Wallinger”
President and Chief Executive Officer
For further information concerning Trifecta or its various exploration projects please visit our newly
updated website at www.trifectagold.com or contact:
Corporate Information
Trifecta Gold Ltd.
Dylan Wallinger
President and C.E.O.
Tel: (604) 687-2522
The securities referred to in this news release have not been, nor will they be, registered under the
United States Securities Act of 1933, as amended (the "U.S. Securities Act") or any state securities
laws and may not be offered or sold within the United States or to U.S. Persons unless registered
under the U.S. Securities Act and applicable state securities laws or an e xemption from such
registration is available. This news release does not constitute an offer of securities for sale, 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.
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 release.