Targa Exploration closes C$3.19 million private placement of flow-through and hard-dollar units

Reuters2026/09/12 00:43

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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.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Targa Exploration Corp. published the original content used to generate this news brief via CNW (Ref. ID: 202609112042CANADANWCANADAPR_C4509) on September 12, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Targa Exploration closes C$3.19 million private placement of flow-through and hard-dollar units

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