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Galway Metals Inc V.GWM

Alternate Symbol(s):  GAYMF

Galway Metals Inc. is a Canada-based mineral exploration and development company, which is engaged in the process of exploring the Clarence Stream and Estrades gold and polymetallic projects, located in New Brunswick and Quebec. The Company has a 100% undivided interest in the Clarence Stream gold project, which is located approximately 70 kilometers (km) south-southwest of Fredericton in south-western New Brunswick, Canada. Its land position comprises over 60,465 hectares (149,412 acres) with 65 km of strike length (and a width of up to 28 km) along the Sawyer Brook Fault System. The Company has an undivided 100% ownership interest in the former producing, high grade Estrades mine, related Newiska concessions, and adjacent Casa Berardi claims in western Quebec, Canada, located approximately 95 km north of the town of La Sarre. The claims are contiguous and comprise 31 km of strike.


TSXV:GWM - Post by User

Post by Betteryear2on Apr 27, 2023 3:19pm
235 Views
Post# 35417748

Closing of $4 Million Brokered Private Placement V.GWM

Closing of $4 Million Brokered Private Placement V.GWM

NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

TORONTO, ON / ACCESSWIRE / April 27, 2023 / Galway Metals Inc. (TSXV:GWM) ("Galway Metals" or the "Company"), is pleased to announce that it has closed the previously announced best efforts private placement offering for aggregate gross proceeds of approximately $4.0 million consisting of the sale of 6,666,700 common shares of the Company that qualify as "flow-through shares" (within the meaning of subsection 66(15) of the Income Tax Act (Canada)) (the "FT Shares") at a price of $0.60 per FT Share (the "Offering").

Galway Metals Announces Closing of $4 Million Brokered Private Placement (accesswire.com)

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