Loopstra Nixon Advises Galway Metals on $14 Million Brokered Private Placement

Loopstra Nixon LLP acted as counsel to Galway Metals Inc. (TSXV: GWM; OTCQB: GAYMF) on the successful completion of its brokered private placement of flow-through units, which closed on October 14, 2026, raising aggregate gross proceeds of approximately $14 million.

Beacon Securities Limited acted as sole agent for the financing, which was led by strategic resource investor Michael Gentile. The proceeds will support continued exploration and advancement of Galway’s flagship Clarence Stream gold project in New Brunswick.

Each flow-through unit consisted of one flow-through common share and one common share purchase warrant. The flow-through proceeds will be applied to eligible Canadian exploration expenses that qualify as “flow-through mining expenditures” and will be renounced to subscribers.

The Loopstra Nixon team was led by Michael Orlan, Partner, Securities & Mining, and included Matthew Grant, Partner, Securities; Allan Ritchie, Partner, Corporate, M&A, Tax & Securities; Lily Modir, Associate, Corporate & Securities; Dylan Gervais, Associate, Tax; and Puneet Kanda, Articling Student.

Read the press release here: https://galwaymetalsinc.com/2026/10/galway-metals-announces-closing-of-14-million-brokered-private-placement-led-by-michael-gentile/