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Galantas Gold Announces C$13.5 Million Upsized Financing and Provides Update on Acquisition of RDL Mining Corp.

Provided By GlobeNewswire

Last update: Nov 21, 2025

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 (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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