Targa Exploration closes C$3.19 million private placement of flow-through and hard-dollar units
Reuters2026/09/12 00:43- Targa Exploration closed the final tranche of a non-brokered private placement, bringing total gross proceeds to C$ 3.19 million.
- Final tranche issued 190,750 hard-dollar units at C$ 0.16, 800,378 flow-through units at C$ 0.19 for C$ 178,590.
- Offering totals 10,554,783 flow-through units, 2,788,750 hard-dollar units, 3,605,000 premium flow-through units.
- Units include one share, one-half warrant; warrants priced at C$ 0.3, expire 24 months from the final-tranche closing.
- Proceeds earmarked for exploration, working capital; paid C$ 138,186 finder fees, issued 777,394 finder warrants at C$ 0.3.
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