Galantas Gold Corporation said it had signed an amending agreement to increase the size of its proposed private placement of raising CAD$4 million to up to $6m (£3.9m).
UNITS
The deal is with Canaccord Genuity Corp, on behalf of itself and a syndicate of agents including Cormark Securities Inc. and Research Capital Corporation.
The Canadian miner has altered its original proposed “best efforts” private placement of up to 8,888,890 units each at C$0.45 to up to 13,333,340 units at the same price.
The “upsized offering” is expected to close on or about 25 August 2022.
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