Trident Announces $15 Million Bought-Deal Financing
NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES VANCOUVER, British Columbia, Jan. 27, 2026 (GLOBE NEWSWIRE) -- Trident Resources Corp. (TSXV: ROCK) (OTCQB: TRDTF) ( “Trident” or the “Company”) is pleased to announce that it has entered into an agreement with Haywood Securities Inc., on its behalf and on behalf of a syndicate of underwriters including Research Capital Corporation (collectively, the “Underwriters”), pursuant to which the Underwriters have agreed to purchase, on a bought-deal basis, 4,000,000 common shares of the Company that will qualify as “flow-through shares” within the meaning of subsection 66(15) of the Income Tax Act (Canada) (the “Tax Act”) (each, a “FT Share”) at a price of $3.76 per FT Share for aggregate gross proceeds to the Company of $15,040,000 (the “Offering”). The FT Shares will be issued on a prospectus-exempt basis pursuant to the ‘listed issuer financing exemption' (“LIFE”) under applicable Canadian securities laws.
