Trifecta Gold Completes $5.3 Million Private Placement

Trifecta Gold Ltd. has finalized its non-brokered private placement, raising $5,320,995. Crescat Capital emerged as a new significant shareholder, acquiring a 9.9% stake. Condire Investors maintained its 19.9% equity interest. The financing involved 12,790,000 Charity Flow-Through Units at $0.38 each, alongside 1,706,648 ordinary units at $0.27 each. These units include warrants entitling holders to purchase shares at $0.40 until May 15, 2027.

Trifecta Gold plans to explore its projects within Yukon's Tombstone Gold Belt, focusing on Mount Hinton and Rye. The company aims to drill for gold deposits in 2025, pending regulatory approvals. The funding will accelerate earning interests in properties and advance exploration activities.

Trifecta Gold engaged with local communities and completed necessary permitting processes for upcoming exploration activities. Finders' fees were paid, and finder warrants issued as part of the financing. Proceeds will support eligible Canadian exploration expenses.