Trans Canada Gold raises $1.5 million for Phase 2 drilling at Harrison Lake

VANCOUVER, BC / ACCESS Newswire / September 14, 2026 / Trans Canada Gold Corp. (TSXV:TTG)(OTCQB:TTGXF) (" Trans Canada " or the " Company "), is pleased to announce that the Company proposes to raise gross proceeds of up to $1.5 Million in a non-brokered private placement financing (the "Financing"), by issuing up to:

Up to 3,947,368 units in a flow-through Private Placement of the Company, to be issued on a "flow-through" basis (the "FT Units"), under applicable tax law at a subscription price of $0.19 per FT Unit, for total gross proceeds of up to $750,000 (exclusive of the proceeds on the exercise of the warrants accompanying the FT Units (the "Flow-Through Unit Offering"). Each FT Unit will consist of one (1) flow-through common share of the Company and one-half (1/2) of one share purchase warrant, each whole warrant exercisable into one (1) non-flow-through common share at an exercise price of $0.30 per share for a period of two (2) years from the date of issuance. Each flow-through share qualifies as a "flow-through share" for the purposes of the Income Tax Act (Canada).

Up to 4,411,764 units (the "Units"), in a non-flow-through private placement (the "NFT Offering"), at a subscription price of CDN $0.17 per Unit for total gross proceeds of up to $750,000. (exclusive of the proceeds on the exercise of the warrants accompanying the Units). Each Unit will consist of one (1) common share of the Company and one-half (1/2) of one share purchase warrant, each whole warrant is exercisable into one (1) non-flow through common share at an exercise price of $0.30 per share for a period of two (2) years from the date of issuance.

The Flow-Through Unit Offering and the NFT Offering together, the "Offering" are subject to approval from the TSX Venture Exchange and all of the securities issued pursuant to the Offering will be subject to a four month hold period from the date of issue in accordance with applicable securities laws.

The Company proposes to use the net proceeds from the Flow-Through Unit Offering for eligible Canadian exploration expenditures (as defined in the Income Tax Act (Canada) in connection with its exploration drilling activities at the Harrison Lake Gold Project area, located in southwestern British Columbia (the "Property"). These expenditures will be renounced for the 2026 tax year. Closing of the Offering are expected to occur by mid October 2026.

The Offering will be conducted on a private placement basis in accordance with prospectus exemptions under applicable securities laws.

The Company intends to use the proceeds of the Offering for year Phase 2 exploration and underground and surface drilling costs for the Property ($1,500,000 Budget) and general working capital.

PHASE 1- UNDERGROUND DRILLING/HARRISON LAKE DISTRICT SCALE GOLD PROJECT- DRILLING COMPLETED

Phase -1 Drilling has been successfully completed and all drill core is being safely secured and stored, catalogued and being prepared for analysis, splitting and logging. The core will be analyzed for gold by the Photon Assay method, which is now the standard method to analyze for high grade, nuggety gold. Previous use of this assay method on the property has materially increased grades in the tested samples. This work will potentially increase the projects gold grade. All underground work and drilling are under the supervision of Carl von Einsiedel, P. Geo, Project Manager.