Financings
Gladiator arranges $20-million bought deal offering

GLAD · Price
Executive Summary
- Gladiator Metals Corp. announced a bought‑deal private placement raising approximately C$20 million through the sale of flow‑through (FT) and hard‑dollar (HD) common shares.
- The placement consists of 10,563,400 FT shares at C$1.42 each (gross proceeds C$15,000,028) and 5,434,800 HD shares at C$0.92 each (gross proceeds C$5,000,016).
- Proceeds from the FT shares will be used for eligible Canadian exploration expenses in Yukon; net proceeds from the HD shares are earmarked for working capital and general corporate purposes.
Key Details
- Placement Structure:
- FT Shares: 10,563,400 common shares (flow‑through), price C$1.42 per share, gross proceeds C$15,000,028.
- HD Shares: 5,434,800 common shares (hard‑dollar), price C$0.92 per share, gross proceeds C$5,000,016.
- Total Gross Proceeds: Approximately C$20,000,044.
- Use of Proceeds – FT Shares: To incur eligible Canadian exploration expenses that qualify as flow‑through critical mineral mining expenditures for Yukon projects; qualifying expenditures must equal or exceed the gross proceeds and be incurred by Dec 31 2026, with renunciation to purchasers no later than Dec 31 2025.
- Use of Proceeds – HD Shares: Working capital and general corporate purposes.
- Closing Date: Expected on or about September 9 2025 (or earlier/later as agreed).
- Underwriters: Cormark Securities Inc. acting as lead underwriter for a syndicate of underwriters.
- Regulatory Conditions: Subject to receipt of all required regulatory approvals, including conditional approval from the TSX Venture Exchange.
- Exemptions Utilized: Offered under National Instrument 45‑106 (Prospectus Exemptions) and listed issuer financing exemption; FT and HD shares sold to Canadian residents (excluding Quebec) will not be subject to a hold period.
- Documentation: Offering document available on SEDAR+ and the company’s website; investors advised to review before investing.
Notable Quotes
(No direct quotes were provided in the release.)
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Jul 22, 2026 · 07:01