Confident Investing Starts Here:
- Quickly and easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks straight to you inbox with TipRanks' Smart Value Newsletter
An announcement from Trifecta Gold ( (TSE:TG) ) is now available.
Trifecta Gold Ltd. announced the successful closing of a $5.3 million private placement, with Crescat Capital becoming a major shareholder. This funding will support Trifecta’s exploration activities at its Rye and Mount Hinton projects, where the company plans to conduct drill campaigns in 2025. The projects are strategically located in the Yukon, with Mount Hinton adjacent to Hecla Mining’s Keno Hill complex. Trifecta is actively engaging with local communities and regulatory bodies to advance its exploration efforts and aims to complete its earn-in agreement with Strategic Metals Ltd. ahead of schedule.
More about Trifecta Gold
Trifecta Gold Ltd. operates in the mining industry, focusing on the exploration and development of gold projects. The company is primarily engaged in advancing its two key projects, Rye and Mount Hinton, located in the Tintina Gold Belt in Yukon, Canada. Trifecta aims to discover significant gold deposits and is committed to working with local communities in its exploration efforts.
Average Trading Volume: 77,729
Technical Sentiment Signal: Buy
Current Market Cap: C$8.15M
Learn more about TG stock on TipRanks’ Stock Analysis page.