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Galantas Gold Upsizes Financing and Advances RDL Mining Acquisition

Story Highlights
  • Galantas Gold secures C$13.5 million financing to fund exploration and corporate activities.
  • The acquisition of RDL Mining Corp. will expand Galantas’ portfolio with the Indiana Project.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Galantas Gold Upsizes Financing and Advances RDL Mining Acquisition

TipRanks Black Friday Sale

Galantas Gold ( (TSE:GAL) ) just unveiled an announcement.

Galantas Gold Corporation has announced an upsized financing of C$13.5 million due to strong investor demand, which will support exploration and corporate activities, including the Indiana Project. Additionally, Galantas is progressing with its acquisition of RDL Mining Corp., which will enhance its portfolio with the Indiana gold-copper project in Chile, and will result in significant changes to its board and executive team, potentially strengthening its industry position.

More about Galantas Gold

Galantas Gold Corporation operates in the mining industry, focusing on gold exploration and development. The company is listed on the TSX Venture Exchange, AIM, and OTCQB, and is actively involved in expanding its operations and assets through strategic acquisitions and financing.

Learn more about GAL stock on TipRanks’ Stock Analysis page.

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