Trifecta Gold closes $1.66 million private placement

NOT FOR DISSEMINATION OR DISTRIBUTION IN THE UNITED STATES AND NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES VANCOUVER, BC / ACCESS Newswire / July 3, 2026 / Trifecta Gold Ltd. (TSXV:TG)(OTCQB:TRRFF) ("Trifecta" or the "Company") is pleased to announce that it has closed its previously announced non-brokered private placement for total proceeds of $1,660,000 (see Trifecta's news releases dated June 15, 2026, and June 17, 2026). Condire Investors participated to maintain its 19.9% equity interest. The private placement consisted of the sale of 5,750,000 flow-through shares at a price of $0.20 per share and 3,000,000 ordinary common shares at a price of $0.17 per share.

The Company will use the proceeds from the private placement to fund exploration at its Tombstone Gold Belt projects in Yukon, Canada, and for general working capital. Trifecta paid cash finders' fees totalling $71,550 and issued a total of 360,000 finder warrants ("Finder Warrants") to Ventum Financial Corp. of Vancouver, B.C., Raymond James Ltd. of Vancouver, B.C., Eskar Capital Corporation of Montreal, Quebec and Castlewood Capital Corporation, of Toronto, Ontario. Each Finder Warrant will entitle the holder to purchase one common share of Trifecta until July 3, 2027 at an exercise price of $0.30 per Finder Warrant.

All securities issued as part of the closing of the private placement, including any shares that may be issued pursuant to the exercise of the Finder Warrants, are subject to a hold period in Canada until November 4, 2026. Insiders of Trifecta purchased a total of 2,193,750 common shares pursuant to the private placement. The participation of these insiders in the private placement constituted a related party transaction within the meaning of TSX-V Policy 5.9 and Multilateral Instrument 61-101 - "Protection of Minority Security Holders in Special Transactions" ("MI 61-101").

Trifecta has relied on exemptions from the formal valuation and minority shareholder approval requirements provided under sections 5.5(a) and 5.7(a) of MI 61-101 on the basis that the fair market value (as determined under MI 61-101) of insider participation in the private placement did not exceed 25 percent of Trifecta's market capitalization. Tombstone Gold Belt Extending more than 1000 km from the Fairbanks district in Alaska eastward across the entire width of Yukon, the Tombstone Gold Belt hosts many large Reduced Intrusion-Related Gold System (RIRGS) mines such as Fort Knox in Alaska (>10 million oz), Eagle and Olive in Yukon (>4 million oz) and the past-producing Brewery Creek Mine, also in Yukon. Since May 2020 over 20 million additional ounces of gold have been discovered in the Yukon portion of the belt, including Snowline Gold's Tier 1 Valley discovery, Sitka Gold's RC deposit, Banyan Gold's AurMac deposits and Victoria Gold's Raven deposit.

Tombstone Gold Belt systems are characterized by sheeted, auriferous quartz veins forming in the carapace zones of Cretaceous-age plutons. They have a characteristic geochemical signature with a gold-bismuth-tellurium±tungsten core within a broader gold-arsenic halo. The deposits are found within and surrounding the reduced intrusions and typically exhibit a geophysical signature comprising a magnetic low (ie. reduced) coinciding with a conductivity low.