Galway Metals Announces Second Closing of Private Placement of Flow-Through Units

TORONTO, May 03, 2024 (GLOBE NEWSWIRE) -- Galway Metals Inc. (TSXV: GWM) (“Galway” or the “Corporation”) is pleased to announce that further to its press release dated April 25, 2024, it has closed the second and final tranche of its non-brokered private placement (the “Private Placement”). The second tranche consisted of 238,095 traditional flow-through units of the Corporation (“Traditional FT Units”) at a price of $0.42 per Traditional FT Unit for aggregate gross proceeds to the Corporation of $99,999.90, bringing the total gross proceeds of the Private Placement to $4,519,984.26.

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