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TRIFECTA GOLD LTD NEW - TRRFD STOCK NEWS

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Trifecta Gold Ltd is a Canadian-based precious metals exploration company focused on increasing shareholder value through the discovery and development of gold projects in Yukon and Nevada. Led by President and CEO Richard Drechsler, the company has recently welcomed Dr. Moira Smith as a Technical Advisor, enhancing its exploration efforts at Mt. Hinton. Trifecta is dedicated to exploring multiple high-potential gold projects in strategic locations, with a strong track record of successful advancements and resource growth.

Rhea-AI Summary

Trifecta Gold (TSXV:TG)(OTCQB:TRRFD) announced a private placement to raise up to $1,500,000 through the sale of 10,000,000 units at $0.15 per unit. Each unit includes one common share and one-half of a common share purchase warrant, with a whole warrant enabling the purchase of one common share at $0.25 within 12 months of closing. The shares and warrants are subject to a hold period of four months plus one day in Canada. Proceeds will fund exploration activities and working capital. Additionally, Trifecta reached a binding agreement with Strategic Metals to acquire up to 100% of Mt. Hinton and 10 other gold projects in Yukon. The transaction requires disinterested shareholder approval at the Annual General and Special Meeting on June 24, 2024.

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Rhea-AI Summary

Trifecta Gold announced the addition of Dr. Moira Smith as a Technical Advisor, bringing valuable experience in gold exploration. Dr. Smith's expertise in identifying economic deposits will guide exploration efforts at Mt. Hinton. Trifecta recently entered an agreement to acquire Mt. Hinton and other gold projects in Yukon's Tombstone Gold Belt.

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FAQ

What is the current stock price of TRIFECTA GOLD NEW (TRRFD)?

The current stock price of TRIFECTA GOLD NEW (TRRFD) is $0.106 as of May 23, 2024.

What is the market cap of TRIFECTA GOLD NEW (TRRFD)?

The market cap of TRIFECTA GOLD NEW (TRRFD) is approximately 2.6M.

Who is the President and CEO of Trifecta Gold Ltd?

Richard Drechsler leads the company as President and CEO, overseeing its strategic operations and initiatives.

What is Trifecta Gold Ltd's core focus?

The company is dedicated to increasing shareholder value through the discovery and development of gold projects in Yukon and Nevada.

What recent achievement has Trifecta Gold Ltd announced?

Trifecta recently welcomed Dr. Moira Smith as a Technical Advisor to enhance its exploration efforts at Mt. Hinton.

Where does Trifecta Gold Ltd operate?

Trifecta operates primarily in Yukon and Nevada, exploring strategic gold projects in these locations.

What makes Trifecta Gold Ltd stand out in the precious metals exploration sector?

Trifecta's focus on high-potential gold projects, strategic locations, and successful resource advancements set it apart in the industry.

TRIFECTA GOLD LTD NEW

OTC:TRRFD

TRRFD Rankings

TRRFD Stock Data

2.64M
15.47M
2.27%
18.79%
Gold
Basic Materials
Link
United States of America
Vancouver