Northwire Canada EditionMonday, November 2, 2026
Northwire
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Gold 3,898.90 −3.3% Silver 49.28 −5.9% Copper 6.48 −1.8% Oil 104.12 +2.1% Palladium 987.70 −1.7% HCH 1.25 −3.9% CRD 0.040 −20.0% ENEV 0.005 +0.0% MOON 5.23 −7.9% ORE 2.56 −4.8% ASE 0.620 −14.5% LKY 0.005 + SOI 0.165 −5.7% ECR 0.190 −5.0% OZ 0.240 −9.4% ELEC 0.110 +4.8% WHY 0.260 −3.7% PHD 0.030 −33.3% OMI 0.220 −10.2% EML 0.105 +0.0% TECT 1.37 −2.8% Gold 3,898.90 −3.3% Silver 49.28 −5.9% Copper 6.48 −1.8% Oil 104.12 +2.1% Palladium 987.70 −1.7% HCH 1.25 −3.9% CRD 0.040 −20.0% ENEV 0.005 +0.0% MOON 5.23 −7.9% ORE 2.56 −4.8% ASE 0.620 −14.5% LKY 0.005 + SOI 0.165 −5.7% ECR 0.190 −5.0% OZ 0.240 −9.4% ELEC 0.110 +4.8% WHY 0.260 −3.7% PHD 0.030 −33.3% OMI 0.220 −10.2% EML 0.105 +0.0% TECT 1.37 −2.8%
Financings

Triumph Gold closes $1.93-million private placement

TIG · Price

Executive Summary

  • Triumph Gold Corp. closed a non‑brokered private placement of 6,456,664 units at $0.30 per unit, generating gross proceeds of $1,937,000.
  • Each unit includes one common share and one common share purchase warrant (exercise price $0.45, two‑year term); broker warrants were also issued.
  • Proceeds will be used for general working capital and to advance exploration on the Freegold Mountain project; related‑party participation by Executive Chair John Anderson disclosed.

Key Details

  • Units Issued: 6,456,664 units at $0.30 per unit.
  • Gross Proceeds: $1,937,000.
  • Unit Composition: 1 common share + 1 common share purchase warrant (exercise price $0.45, exercisable for two years).
  • Closing Date: December 1, 2025; issuance date of shares and warrants also December 1, 2025.
  • Hold Period: Four‑month hold period on issued securities expires April 21, 2026.
  • Finder’s Fees Paid: $81,199.94 (aggregate).
  • Broker Warrants Issued: 270,666 non‑transferable broker warrants; each convertible into one common share at $0.45, two‑year term.
  • Use of Proceeds: General working capital and exploration activities on the Freegold Mountain project.
  • Related Party Transaction: Executive Chair John Anderson purchased 250,000 units; transaction exempt from MI 61‑101 valuation/approval thresholds.

Notable Quotes

(No direct quotes provided in the release.)

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