Taiga Gold Corp. (CNSX:TGC) announced non-brokered private placement of up to 12,500,000 flow-through units at a price of CAD 0.20 per unit for gross proceeds of CAD 2,500,000 on April 12, 2021. Each flow-through unit will consist of one flow-through common share and one transferable common share purchase warrant exercisable at CAD 0.30 per share for a period of 30 months, subject to an accelerated expiry provision. If at any time after the closing of transaction, the closing price of the common shares on the Canadian Securities Exchange is greater than CAD 0.60 per share for a period of 10 consecutive trading days, the company may elect to accelerate the expiry date of all convertible securities issued in connection with the offering, including the warrants, at any date that is four months and one day after the closing date of the offering. The transaction will include participation from existing shareholders including directors and employees. The transaction is expected to close on or around April 15, 2021. The securities issued are subject to hold period of 4 months and one day. The transaction is subject to approval of the Canadian Securities Exchange.