Galway Metals Raises $14 Million in Private Placement

Galway Metals closed a roughly $14 million brokered private placement of 19,437,000 flow-through units at $0.72 each. Each unit comprises one common share and one warrant exercisable for a non-flow-through common share at $0.80 for 36 months. Proceeds will fund eligible exploration expenditures at the Clarence Stream gold project in New Brunswick by December 31, 2027. Michael Gentile acquired 17,150,000 shares, giving him a 10.94% stake, rising to approximately 19.72% upon exercise of his warrants. Gentile agreed to a 12-month lock-up on securities purchased in the offering. 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. Galway Metals Inc. published the original content used to generate this news brief via (Ref. ID: 202610140940ACCESSWRNAPR_____1236746) on October 14, 2026, and is solely responsible for the information contained therein. (C)