Reported Earnings • May 18
Third quarter 2026 earnings released: CA$0.004 loss per share (vs CA$0 in 3Q 2025) Third quarter 2026 results: CA$0.004 loss per share (further deteriorated from CA$0 in 3Q 2025). Revenue: CA$85.9k (down 38% from 3Q 2025). Net loss: CA$206.9k (loss widened CA$206.6k from 3Q 2025). Over the last 3 years on average, earnings per share has increased by 32% per year whereas the company’s share price has increased by 36% per year. Announcement • May 09
Trans Canada Gold Corp. announced that it has received CAD 0.86971 million in funding On May 8, 2026, Trans Canada Gold Corp. closed the transaction. The company issued 100,000 non-flow through units at an issue price of CAD 0.15 for gross proceeds of CAD 15,000 in its second tranche. The company issued 3,616,663 non-flow through units at an issue price of CAD 0.15 for gross proceeds of CAD 542,499.45 and 1,817,839 flow through units at an issue price of CAD 0.18 for gross proceeds of CAD 327,211.02 for aggregate proceeds of CAD 869,710.47. The insider subscribed for 333,333 units for aggregate proceeds of CAD 50,000 pursuant to the offering. Each unit consists of one common share and one common share purchase warrant. Each NFT warrant is exercisable at a price of CAD 0.30 per share for a period of three years from the date of issuance. Each FT unit consists of one common share and one-half of one common share purchase warrant. Each FT warrant is exercisable at a price of CAD 0.30 per share for a period of two years from the date of issuance. No finder’s fees were paid in connection with the second tranche of the offering. All securities issued under the first tranche of the offering will be subject to a four month hold period expiring August 8, 2026 in accordance with applicable securities laws. All securities issued under the second tranche of the offering will be subject to a four month hold period expiring September 8, 2026 in accordance with applicable securities laws. New Risk • Feb 16
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -CA$54k This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CA$54k free cash flow). Share price has been highly volatile over the past 3 months (28% average weekly change). Revenue is less than US$1m (CA$563k revenue, or US$413k). Market cap is less than US$10m (CA$7.95m market cap, or US$5.84m). 
