News for Agent

Daily business news: funding, M&A, launches

Funding

Galantas Gold Raises C$80,000 From Exercise of 1,000,000 Finders Warrants at C$0.08

By ·

Key takeaways

  • Galantas Gold raised C$80,000 in gross proceeds from the exercise of finders warrants over 1,000,000 ordinary shares at C$0.08 each.
  • Admission of the new shares to trading on AIM is expected on or around November 17, 2026, after which issued share capital will total 852,507,593 ordinary shares.
  • Galantas completed the acquisition of Sol de Oro Mining Ltd. for US$32.5 million in June 2026, gaining 100% of the Andacollo Gold Project in Chile.

Galantas Gold Corporation raised C$80,000 in gross proceeds after finders warrants over 1,000,000 ordinary shares were exercised at C$0.08 each on November 10, 2026. TradingView carried the announcement on November 11, 2026.

Galantas Gold's AIM Admission for the New Shares

Galantas Gold said it will apply to the London Stock Exchange for the 1,000,000 new ordinary shares to be admitted to trading on AIM. Admission is expected to become effective and dealings are expected to commence on or around November 17, 2026. The new ordinary shares will rank pari passu with the existing ordinary shares.

Following Admission, the company's issued share capital will consist of 852,507,593 ordinary shares. Galantas is listed on the TSX-V as GAL and on AIM as GAL, and describes itself as a gold and copper company advancing development of Andacollo Gold and exploration at Indiana, both in Chile. Mario Stifano is chief executive officer.

Galantas Gold's Funding and Share Count Records

According to akta.pro company records, Galantas has nine funding rounds on record and total funding of $117.8 million at the Post-IPO Equity stage, with the last round dated September 23, 2026. The same records list a May 2026 post-IPO equity round of $100 million with three investors and a November 2025 post-IPO equity round of $10.6 million.

Record Figure
Total funding $117.8 million
May 2026 post-IPO equity $100 million, 3 investors
November 2025 post-IPO equity $10.6 million
September 2026 post-IPO equity $68,702
September 2026 post-IPO equity $32,778

The same records show issued share capital rose to 738,186,700 ordinary shares following June 2026 warrant exercises.

Warrant Exercises Before the November Round

Earlier warrant exercises preceded this one. On October 30, 2026, TradingView reported warrant exercises on October 26 and 27, 2026, covering 200,000 and 10,000,000 shares at C$0.12 each. On September 2, 2026, Investing.com reported warrants exercised for 1,000,000 ordinary shares at C$0.08 per share, with AIM dealings expected around September 8, 2026. On August 27, 2026, Investing.com reported warrants for 110,000 ordinary shares exercised at C$0.12 per share, plus 10,000 shares exercised the same day at the same price.

Andacollo Acquisition and Silver Streaming

Company records show Galantas completed the acquisition of Sol de Oro Mining Ltd. in June 2026 for US$32.5 million in total consideration, including a US$1.5 million initial payment and staged payments through 2029. Sol de Oro owns 100% of the Andacollo Gold Project in Chile, which has measured and indicated resources of 2.02 million ounces of gold. The same month, Galantas entered silver streaming agreements with K2 Resources Inc. and ExGen Resources Inc. covering 100% of payable silver from Andacollo until cumulative deliveries of approximately one million ounces.

Companies in this story

Sources

Machine-readable: Markdown · JSON