Trifecta Gold Ltd. Closes Private Placement
December 29 2017 - 4:01PM
Trifecta Gold Ltd. (TSX-V:TG) (“Trifecta”)
announces the closing of its $300,000 private placement announced
December 8, 2017. The private placement consisted of the sale
of 3,000,000 units at a price of $0.10 per unit, each unit
consisting of one common share and one-half (1/2) of a share
purchase warrant, each whole warrant entitling the holder to
purchase one additional common share at a price of $0.15 until
December 21, 2019.
All of the securities issued pursuant to the
private placement, including any shares that may be issued pursuant
to the exercise of the share purchase warrants disclosed herein,
will be subject to a hold period in Canada expiring on April 22,
2018.
Trifecta paid cash finders’ fees totaling $2,100
in connection with the closing, divided between Canaccord Genuity
Corp. and Chippingham Financial Group, each of Vancouver, British
Columbia.
About Trifecta Gold Ltd.
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 WallingerPresident and CEOTel: (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 exemption
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.
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