Targa Exploration closes first tranche of private placement, raises C$ 1.43 million

• Targa Exploration closed the first tranche of a non-brokered private placement, raising about C$ 1.43 million in gross proceeds.
• Issued 7,720,512 flow-through units at C$ 0.19 each.
• Each unit includes one common share, one-half warrant exercisable at C$ 0.3 for 24 months, subject to an acceleration trigger.
• Net proceeds earmarked for exploration programs, working capital.
• Second and final tranche targeted for completion by Sept. 3, 2026.

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: 202608251740CANADANWCANADAPR_C1967) on August 25, 2026, and is solely responsible for the information contained therein.