Trifecta GOLD Ltd. Closes Private Placement and Property Acquisition
1016 – 510 W Hastings St. www.trifectagold.com
Vancouver, B.C. V6B 1L8 [email protected]
Tel: 604.687.2522 TSX-V: TG
NOT FOR DISSEMINATION OR DISTRIBUTION IN THE UNITED STATES AND NOT FOR DISTRIBUTION TO UNITED
STATES NEWSWIRE SERVICES
TRIFECTA GOLD LTD. CLOSES PRIVATE PLACEMENT AND PROPERTY ACQUISITION
September 1, 2020 - Trifecta Gold Ltd. (TSX-V: TG) (“Trifecta” or the “Company”) announces the closing of the
private placement originally announced on July 20, 2020 and the closing of the property purchase agreement with
Silver Range Resources Ltd. (“Silver Range”) regarding the Yuge property in Nevada originally announced on July
9, 2020.
The private placement consisted of the sale of 11,571,429 units at a price of $0.07 per unit for gross proceeds of
$810,000. Each unit consisted of one common share and one share purchase warrant, with each warrant entitling the
holder to purchase one additional common share at a price of $0.14 until September 1, 2021.
Pursuant to the closing of Trifecta’s agreement with Silver Range, Trifecta has issued to Silver Range 4,797,611
common shares, and will be required to make an additional $250,000 cas h payment to Silver Range by July 7, 2021
in order to earn a 100% interest in the Yuge property, with Silver Range to retain a 2% net smelter return royalty,
one-half (1/2) of which could be purchased for $1, 000,000. Silver Range will also be granted Defi ned Resource
Payments of US$2.00 per ounce of gold or gold equivalent for each ounce identified in a measured or indicated
mineral resource, or a proven or probable mineral reserve estimate, as contained in a NI 43 -101 compliant technical
report applicable to the Yuge property.
All of the shares issued pursuant to the private placement, including any additional shares that may be issued
pursuant to the exercise of the share purchase warrants forming part of the units, as well as the shares issued to
Silver Range pursuant to the p roperty purchase agreement, are subject to a hold period in Canada until January 2,
2021.
Trifecta paid finder s’ fees totaling $4,983.30 to Sprott Capital Partners LP, PI Financial Corp., Can accord Genuity
Corp. and Haywood Securities Inc. in connection wi th the private placement. There were no finder’s fees paid in
connection with the property acquisition from Silver Range.
About Trifecta Gold Ltd.
Trifecta is a Canadian precious metal exploration company dedicated to increasing shareholder value through the
acquisition and advancement of attractive exploration projects in Canada and other mining-friendly jurisdictions.
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, and may not be offered or sold within the United States or to, or for the account
or benefit of, U.S. persons 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 pr ospectus
containing detailed information about the company and management, as well as financial statements.
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ON BEHALF OF THE BOARD
“Richard Drechsler”
Interim 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
Interim President and CEO
Tel: (604) 687-2522 ext. 262
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.