Legacy Gold Mines Increases Non-Brokered Private Placement to CA$6 Million

10:56 AM EST, 11/02/2026 (MT Newswires) -- Legacy Gold Mines (LEGY.V) increased the size of its non-brokered private placement of common shares of the company to up to CA$6 million, from CA$3 million, it said Monday. The private placement, which is subject to the approval of the TSX Venture Exchange, will now include up to around 8.57-million common shares at a price of CA$0.70 each, said the company. Legacy plans to use the net proceeds to fund continued drilling at its Baner Gold Mine property in the Orogrande Mining District of Idaho, for continued business development and general and administrative purposes, it added. The company's shares last traded Oct. 30, closing at CA$0.80 on the TSX Venture Exchange.