Galantas Gold Intends to Raise $85 Million via Brokered Private Placement
11 maj, 12:54
06:54 AM EDT, 05/11/2026 (MT Newswires) -- Galantas Gold (GAL.L) plans to raise $85 million through a brokered private placement of 154,546,000 units.
The Canadian gold miner noted that each unit will include one common share and one-half warrant exercisable at $0.80 per share for two years, according to a Monday filing.
The proceeds will be used to fund exploration and development work on the Indiana gold and copper project and the Andacollo gold project in Chile, and support general corporate and working capital needs.
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Galantas Gold Intends to Raise $85 Million via Brokered Private Placement
11 maj, 12:54
06:54 AM EDT, 05/11/2026 (MT Newswires) -- Galantas Gold (GAL.L) plans to raise $85 million through a brokered private placement of 154,546,000 units.
The Canadian gold miner noted that each unit will include one common share and one-half warrant exercisable at $0.80 per share for two years, according to a Monday filing.
The proceeds will be used to fund exploration and development work on the Indiana gold and copper project and the Andacollo gold project in Chile, and support general corporate and working capital needs.
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