Galway Metals Inc. Closes Strategic Financing Round

On May 30 2025, Galway Metals Inc. (TSXV: GWM) closed an oversubscribed non-brokered private placement, raising $4.17 million through a combination of flow-through shares and non-flow through units. The financing exceeded the company’s original $4 million target and will bolster working capital, and support continued exploration at its gold and polymetallic projects in New Brunswick and Quebec.

Loopstra Nixon lawyer Michael Orlan acted as counsel to Galway Metals in connection with the transaction. The deal involved flow-through share structuring under the Income Tax Act and reflects strong investor interest in the company’s Canadian mining assets.

Loopstra Nixon is proud to support clients across the mining and resource sectors in executing efficient and strategic capital raises. 

Full company press release here: https://galwaymetalsinc.com/2025/05/galway-metals-announces-closing-of-oversubscribed-private-placement/