Trans Canada Gold (TSE:TTG) has released an update.
Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
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.
For further insights into TSE:TTG stock, check out TipRanks’ Stock Analysis page.