Galleon Gold Raises CAD 37 Million in Private Placements

Bitget2026/11/03 13:48

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Galleon Gold closed a roughly CAD 30 million bought-deal private placement on November 3, 2026, including full over-allotment exercise.
The bought deal included 4,717,000 flow-through shares at CAD 1.59 each, raising approximately CAD 7.5 million.
Another 20,089,271 common shares priced at CAD 1.12 each raised approximately CAD 22.5 million.
Pan American Silver purchased 6,250,000 common shares at CAD 1.12 each in a concurrent CAD 7 million non-brokered private placement.
Proceeds will fund exploration and advancement of the West Cache Gold Project in Ontario, alongside working capital and general corporate purposes.

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. Galleon Gold Corp. published the original content used to generate this news brief via Newsfile (Ref. ID: 202611030847NEWSFILECNPR____20261103_322221_1) on November 03, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Galleon Gold Raises CAD 37 Million in Private Placements

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