Business
Galantas Gold Announces C$13.5 Million Upsized Financing and Provides Update on Acquisition of RDL Mining Corp.
Not for distribution to U.S. newswire services or dissemination in the United States TORONTO, Nov. 21, 2025 (GLOBE NEWSWIRE) -- Galantas Gold Corporation (TSX-V & AIM: GAL; OTCQB: GALKF) (“Galantas” or the “Company”) is pleased to announce that, as a result of strong investor demand, the Company has agreed with Canaccord Genuity Corp. and Haywood Securities Inc. (together, the “Agents”) to increase the size of its previously announced “best efforts” private placement of units of the Company (eac
About this update from Metalla Royalty & Streaming Ltd.
[{"type":"text","content":"Not for distribution to U.S. newswire services or dissemination in the United States","length":84,"tagName":"p"},{"type":"text","content":"TORONTO, Nov. 21, 2025 (GLOBE NEWSWIRE) -- Galantas Gold Corporation (TSX-V & AIM: GAL; OTCQB: GALKF) (“Galantas” or the “Company”) is pleased to announce that, as a result of strong investor demand, the Company has agreed with Canaccord Genuity Corp. and Haywood Securities Inc. (together, the “Agents”) to increase the size of its previously announced “best efforts” private placement of units of the Company (each, a “Unit”) to raise aggregate gross proceeds of up to C$13.5 million (the “Offering”), consisting of 168,750,000 Units at a price of C$0.08 per Unit (the “Offering Price”). The size of the over-allotment option (the “Agents’ Option”) granted to the Agents will be upsized to permit the Agents to raise up to an additional C$2,025,000 through sales of up to 25,312,500 additional Units at the Offering Price.","length":828,"tagName":"p"},{"type":"text","content":"Each Unit will be comprised of one common share of the Company (each, a “Common Share”) and one Common Share purchase warrant (each, a “Warrant”). Each Warrant will entitle the holder thereof to acquire one Common Share at a price of C$0.12 for a period of 36 months from the closing of the Offering.","length":300,"tagName":"p"},{"type":"text","content":"As compensation for their services, the Company will pay to the Agents a cash commission equal to 7.0% of the aggregate gross proceeds of the Offering (including gross proceeds from the Agents’ Option, if any), subject to reduction to 3.0% of the gross proceeds of up to C$1,100,000 (increased from C$500,000 as previously announced) from purchasers on the president’s list to be agreed between the Company and Canaccord Genuity Corp. (the “President’s List”), and the Company will issue to the Agents compensation warrants (“Compensation Warrants”) in an amount equal to 7.0% of the Units sold in the Offering (including Units sold pursuant to the Agents’ Option, if any), subject to reduction to 3.0% for purchasers on the President’s List. Each Compensation Warrant will entitle the holder thereof to acquire one Common Share for the Offering Price for a period of 24 months from the closing date of the Offering.","length":916,"tagName":"p"},{"type":"text","content":"Units sold under th...