Looking to invest in Trojan Gold Inc.? Here’s what you need to know about their latest offerings:
Each unit available for purchase includes one common share (referred to as a “Common Share“) and half of a common share purchase warrant (full warrant known as a “Unit Warrant“). With the Unit Warrant, you can acquire one Common Share in the company for CDN$0.08 within a 24-month period post-closure. The expiry date can be accelerated based on specific events.
For those interested in the flow-through units (FT Units), each one consists of a Common Share that qualifies as a “flow-through share” as per the Income Tax Act (Canada), and half of a common share purchase warrant (known as a “FT Warrant“). The FT Warrants allow the holder to purchase a Common Share for CDN$0.12 within a 24-month period from the closing date.
Both the Unit Warrants and FT Warrants may have their 24-month expiry accelerated if the Common Shares reach a closing price of $0.20 or higher for five consecutive trading days post-offering closure, with 30 days’ prior notice.
The Offering is available to buyers in Canada (excluding Quebec) and qualifying jurisdictions under the Listed Issuer Financing Exemption. No statutory hold period applies to securities issued through this Offering.
For the Amended Offering Document, visit the Company’s profile on www.sedarplus.ca or the Company’s website at trojangold.com. Make sure to review this document before making any subscriptions.
The funds from FT Units sales will support the exploration program at Helmo South Property, while Units proceeds will go towards general working capital and potential further exploration work.
About Trojan Gold Inc.
Trojan Gold Inc. is a dynamic Ontario-based junior exploration company with a team of professionals experienced in exploration, engineering, project financing, and permitting. The company holds land positions in the Hemlo Gold Camp and Shebandowan Greenstone Belt, offering significant mineral exploration potential. For more details, visit trojangold.com. Trojan is listed on the Canadian Securities Exchange (CSE: TGII), OTC Pink Market (TRJGF), and Frankfurt Exchange (KC1).
Contact Information
For further information, reach out to Charles J. Elbourne, President & CEO, Trojan Gold Inc., 82 Richmond St. East, Suite 401, Toronto, Ontario M5C 1P1. Contact: 416-315-6490, Email: elbourne007@gmail.com, Website: trojangold.com.
Disclaimer
This content does not constitute a solicitation or offer for the sale or purchase of securities, as it may be deemed unlawful in certain jurisdictions.
Forward-Looking Statements
The information in this release includes forward-looking statements based on current expectations and beliefs. Actual results may vary due to risks and uncertainties. Visit www.sedarplus.ca for more on risks faced by mining industry issuers.
To view the original press release, visit here.