Trojan Gold Inc. Announces Non-Brokered Private Placement

Core Viewpoint - Trojan Gold Inc. is initiating a private placement financing to raise up to CDN$300,000 through the sale of 3,000,000 flow-through units at a price of CDN$0.10 per unit [1]. Group 1: Private Placement Details - Each flow-through unit will consist of one common share and one half of a common share purchase warrant, with each whole warrant allowing the purchase of one common share at CDN$0.15 for 24 months [2]. - The warrants are subject to acceleration if the common shares reach a closing price of CDN$0.20 or greater for five consecutive trading days, with a 30-day notice period for acceleration [3]. Group 2: Use of Proceeds - The proceeds from the sale of the flow-through units will be allocated for exploration activities at the Paulpic/Adair-Wascanna Properties and the Watershed Property [4]. Group 3: Company Overview - Trojan Gold Inc. is a junior exploration company based in Ontario, focusing on mineral exploration in the Hemlo Gold Camp and Shebandowan Greenstone Belt, led by a team with expertise in exploration, engineering, project financing, and permitting [5].