# Galleon Gold Expands Planned Bought Deal to Approximately C$27 Million

By John Kim

Canonical URL: https://www.tokenpost.com/news/business/35314
Published: 2026-10-20T05:13:03.000Z
Updated: 2026-10-20T05:13:03.000Z
Section: Business

> The amended agreement increases the planned financing from approximately C$20 million. A separate C$4.75 million placement is outside the bought deal.

Galleon Gold Corp. increased the planned size of its bought deal private placement to approximately C$27 million on Monday, Oct. 19, after strong investor demand prompted a larger offering.

The amended agreement raises the proposed financing from approximately C$20 million, an increase of about C$7 million. The figures are in Canadian dollars.

The C$27 million represents the revised size of the bought deal, not funds Galleon Gold has already raised. The financing had not closed when the company announced the change.

A separate C$4.75 million placement falls outside the C$27 million bought deal.