Targa Exploration Corp. announced a non-brokered private placement of hard dollar units at a price of CAD 0.10 and charity flow through units at a price of CAD 0.175 per unit for the total gross proceeds of CAD 1,375,000 on March 21, 2024. Each unit will consist of one common share of the company and one-half of a common share purchase warrant.

Each warrant will entitle the holder thereof to acquire one additional share at a price of CAD 0.25 per warrant share until the date which is 24 months following the closing date.