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Galantas Gold Completes RDL Mining Acquisition, Raises C$15 Million

MT Newswires·01/02/2026 05:08:46
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05:08 AM EST, 01/02/2026 (MT Newswires) -- Galantas Gold (GAL.L) said Friday it completed the acquisition of RDL Mining, issuing Galantas shares to RDL shareholders as consideration. The Canadian gold miner also closed a C$14.9 million brokered private placement, issuing 186.3 million units at C$0.08 each, led by Canaccord Genuity and Haywood Securities. Separately, Galantas settled C$625,000 in outstanding debt to Ocean Partners UK through a non-brokered shares-for-debt transaction.