Trans Canada Gold Corp. Closes Non-Brokered Private Placement

Vancouver, BC - Trans Canada Gold Corp. (TSXV:TTG)(OTCQB:RCTRF) has completed a non-brokered private placement of 6,980,000 units at $0.05 per unit, raising $349,000 in gross proceeds.

Each unit comprises one common share and one common share purchase warrant. Each warrant allows the purchase of one additional common share at $0.15 per share for three years. The funds will be used for drilling during the 2024 summer season on the Company's second Multilateral Well, targeting the General Petroleum sand and other related expenses.

No finders' fees were paid, and all securities are subjected to a four-month hold period expiring on October 19, 2024. The TSX Venture Exchange's final approval is pending. Insiders subscribed for 4,000,000 units amounting to $200,000.

Tim Coupland acquired 3,950,000 common shares, increasing his ownership to 8.76%. Coupland could potentially own 19.75% if all warrants and options are exercised. He acquired these securities for investment purposes.