Feb 26 (Reuters) - Gt Gold Corp GTT.V :
* GT GOLD ANNOUNCES $6.5 MILLION PRIVATE PLACEMENT FINANCING
* GT GOLD CORP - OFFERING WILL INVOLVE SALE OF 7.7 MILLION COMMON SHARES OF CO TO BE SOLD ON FLOW-THROUGH BASIS AT PRICE OF $0.84 PER SHARE
* NET PROCEEDS FROM OFFERING WILL BE USED FOR EXPLORATION OF CO'S SADDLE GOLD-SILVER DISCOVERY IN B.C.'S GOLDEN TRIANGLE
* NET PROCEEDS FROM OFFERING WILL ALSO BE ADDITIONAL TO CO'S CURRENT CAPITAL RESOURCES WHICH EXCEED $3.2 MILLION