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Galleon Gold Upsizes Bought Deal Private Placement to CA$27 Million From CA$20 Million

Galleon Gold Upsizes Bought Deal Private Placement to CA$27 Million From CA$20 Million

MT newswireMT newswire2026/10/19 20:57
04:57 PM EDT, 10/19/2026 (MT Newswires) -- Galleon Gold (GGO.V) said Monday it increased the size of its previously announced bought deal private placement to about CA$27 million from CA$20 million due to strong investor demand. Under the amended agreement, the underwriters will purchase about 4.7-million flow-through shares at CA$1.59 each for gross proceeds of approximately CA$7.5 million, and about 17.4 million common shares at CA$1.12 each for gross proceeds of approximately CA$19.5 million. The company previously planned to issue about 11.2 million common shares under the offering.
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