VANCOUVER, British Columbia, July 18, 2017 (GLOBE NEWSWIRE) -- Trifecta Gold Ltd. (TSX-V:TG) (“Trifecta”) announces, further to its news release of July 6, 2017, an increase in the non-brokered private placement offering disclosed therein (the “Offering”) from C$1,500,000 up to C$2,000,000. The Offering will now include the sale of up to 4,000,000 flow-through units at a price of C$0.25 per flow-through unit (for a total of up to C$1,000,000) and up to 5,000,000 non-flow-through units at a price of C$0.20 per unit (for a total of up to C$1,000,000). All of the other terms and conditions of the Offering are as disclosed in Trifecta’s July 6, 2017 news release.
Trifecta anticipates closing the initial tranche under the Offering by July 21, 2017, with a second closing anticipated to occur shortly thereafter.
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.