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Galleon Gold Announces CAD 20 Million Bought-Deal Private Placement
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Galleon Gold Announces CAD 20 Million Bought-Deal Private Placement
  • Galleon Gold announced a CAD 20 million bought-deal private placement and a concurrent CAD 4.75 million non-brokered placement with Pan American Silver.
  • The bought deal includes 4,717,000 flow-through shares at CAD 1.59 per share, raising approximately CAD 7.5 million.
  • Another 11,160,700 common shares are priced at CAD 1.12; an over-allotment option could raise an additional CAD 3 million.
  • Pan American will buy 4,241,071 common shares at CAD 1.12; both offerings are expected to close November 3, 2026.
  • 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 CNW (Ref. ID: 202610190731CANADANWCANADAPR_C5845) on October 19, 2026, and is solely responsible for the information contained therein.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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