Trans Canada Gold (TSE:TTG) has released an update.
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Trans Canada Gold Corp. successfully completed a non-brokered private placement, raising $349,000 through the sale of 6,980,000 units at $0.05 each. The funds are earmarked for summer drilling on a new well with potential 18.75% working interest for the company, and for general corporate expenses. No finders’ fees were involved, and the transaction included a significant insider participation without requiring minority shareholder approval.
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