Provided By GlobeNewswire
Last update: Nov 21, 2025
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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.
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