Trojan Gold, Inc. (TSE:TGII) has released an update.
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Trojan Gold Inc. has successfully closed a non-brokered private placement, issuing over 1.4 million units to settle company debts, raising a total of $72,722.62. Each unit consists of a common share and a warrant that allows holders to purchase additional shares at $0.10 within two years. The securities come with a four-month hold period, reflecting Trojan Gold’s strategic financial maneuvering in the exploration sector.
For further insights into TSE:TGII stock, check out TipRanks’ Stock Analysis page.