Trans Canada GOLD Corp. Ships 2,886 Barrels FOR the Month of May 2025, from Its Lloydminster Multilateral Heavy Oil Well and Prepares FOR the Upcoming Mulitlateral Drilling Program ____________________________________________________________________________________
TRANS CANADA GOLD CORP.
c/o Suite 1200 - 750 West Pender Street ∙ Vancouver ∙ British Columbia ∙ V6C 2T8
Telephone: (604) 681-3131
NEWS RELEASE
June 12th, 2025 TSX-V Trading Symbol: TTG
OTCQB Symbol: TTGXF
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TRANS CANADA GOLD CORP. SHIPS 2,886 BARRELS FOR THE MONTH OF MAY 2025, FROM ITS
LLOYDMINSTER MULTILATERAL HEAVY OIL WELL AND PREPARES FOR THE UPCOMING MULITLATERAL
DRILLING PROGRAM
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VANCOUVER, B.C. – Trans Canada Gold Corp . (TSX-V: TTG, OTCQB -TTGXF) (“Trans Canada ” or the
“Company”), is pleased to announce that the Company has now completed another month of steady oil
production for the month of May 2025, with trucking and oil sales to Altex. The Lloydminster multilateral
well shipped 2,886 barrels (bbl) for the month of May and produced at an average daily rate of 96 bbl/d
gross (20 bbl/d net) to the Company since being placed on production, representing its 18.75% working
interest ownership in the well. Daily production and shipping sales were slightly impaired due to nine
lost shipping days due to a routine pump change and routine equipment maintenance . Production
shipping and sales commenced on the first newly drilled Multilateral well, a year ago on October 6 th,
2023. Croverro Energy Ltd. is the Operator.
The company is announcing the resignation of Christian Timmins as a member of the Board of Director’s,
with his decision pursue and focus on Pegasus Resources due to time comittment obligations. The Board
wishes to thank Mr. Timmins for his contributions to the Company.
DRILL PERMIT AND WELL LICENSE APPROVED
The Company has now received formal approval for its new Lloyd 5 -23-49-1W4 Well with the issuance
of its well license and drill permit for the new 7 leg-multilateral well and drill program situated near
Lloydminster, Alberta.
The Company has agreed to participate to drill a 7 leg Sparky multi-lateral well with Croverro as operator
for the Joint Venture. The newly proposed 5 -23 multilateral well will be situated adjacent to the
Company’s successful 12-14 Multilateral Well, nea r Lloydminster, Alberta. Trans Canada has a 18.75%
interest in the new well. This third multi-lateral horizontal well is expected to be similar to the company’s
successful 7HZ LLOYD 12-14-49-01W4 well, that was drilled in 2023 and encountered 2486 metres of oil
pay in the Sparky Oil Formation. The 12 -14 Sparky multilateral well has now produced over 100,000
barrels of oil and continues to produce consistently month over month. The newly permitted 5 -23
multilateral well when drilled, is planned to open an estimated 3000 m of Sparky formation. The well is
scheduled to be drilled later this summer subject to rig availability.
Drilling, completion and equipping costs are expected to be $1.9 million ($350,000 net to Trans Canada).
The well costs are fully funded out of production cash flow thereby preventing any share dilution.
2
Commented Tim Coupland, “We continue to focus on continued multilateral drilling success in the
Sparky Zone, while navigating increased market volatility and lower energy prices in the oi l sector. The
company remains mindful of the current uncertainty within energy sector including tariff pressures and
energy policy direction. We are expecting increased oil production for 202 5 with our upcoming drill
programs, and we are exploring additional exploration drilling and acquisition opportunities in both
central Canada and the United States . The Company will continue with its newly adopted multilateral
well drilling strategy for 2025-2026”, using new state of the art multilateral well drilling techniques in
Alberta and Saskatchewan, to create growth”.
ABOUT TRANS CANADA GOLD CORP. – OIL AND GAS PRODUCTION/REVENUE PRODUCING WELLS
The Company is a discovery focused Oil & Gas Resource Development and Mineral Exploration Company
that is currently focused on developing and drilling its’ production of conventional heavy oil exploration
properties, increasing production capabilities, and increasing future oil production revenues through
responsible exploration. The Company identifies, acquires and finances with its working interest
partners, the ongoing development of oil and gas assets primarily situated in Alberta Canada. The
Company has qualified Senior exploration management and Geological teams of professionals, seasoned
in exploration production, field exploration and drilling. The Company currently works with Croverro
Energy Ltd., who has demonstrated proficiency, expected of an experienced oil and gas technical team
that has proven oil production, and revenue success with large multi -lateral wells currently under their
supervision. The Com pany has the necessary manpower in place to develop its natural resource
properties and manage its production properties. The Company is committed to minimizing risk through
selective property acquisitions, and responsible exploration drilling, and maximizing long term
petroleum and natural gas resource assets.
FOR FURTHER INFORMATION, PLEASE CONTACT:
Tim Coupland, President and CEO
Trans Canada Gold Corp.
Tel: (604) 681-3131
www.transcanadagold.com
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