Galleon Gold Increases Bought-Deal Private Placement to CAD 27 Million

• Galleon Gold increased its bought-deal private placement to approximately CAD 27 million from CAD 20 million on strong investor demand.
• The offering comprises 4,717,000 flow-through shares at CAD 1.59 each. Another 17,410,700 common shares are priced at CAD 1.12 each.
• A separate non-brokered placement to Pan American comprises 4,241,071 common shares at CAD 1.12 each, raising CAD 4.75 million.
• Both placements are expected to close around November 3, 2026. Underwriters hold an option for up to CAD 3 million more.
• Flow-through proceeds will fund West Cache exploration in Ontario. Other proceeds will support project advancement, working capital and general corporate purposes.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Galleon Gold Corp. published the original content used to generate this news brief via CNW (Ref. ID: 202610191630CANADANWCANADAPR_C5926) on October 19, 2026, and is solely responsible for the information contained therein.