Galway Metals closed oversubscribed private placement, raising $4.2M for Canadian exploration expenses.
From GlobeNewswire: 2025-05-30 18:20:00
Galway Metals Inc. has successfully closed a non-brokered private placement, raising $4,175,550 through the sale of flow-through shares and units. Each unit includes one common share and one warrant, with a 3-year exercise period at $0.50 per share. The funds raised will be used for Canadian exploration expenses, qualifying as flow-through mining expenditures. Finders’ commissions totaling $116,640 were paid to Eskar Capital Corporation, Devon Capital Inc., and Generic Capital Corporation. All securities issued are subject to a hold period and final approval from the TSX Venture Exchange. Galway Metals is focused on developing its Clarence Stream and Estrades projects in Canada, aiming to replicate past success. Contact information for further inquiries is provided.
Read more at GlobeNewswire: Galway Metals Announces Closing of Oversubscribed Private
