Northwire Canada EditionMonday, November 9, 2026
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Gold 4,112.90 +0.9% Silver 52.69 +1.4% Copper 6.35 +1.8% Oil 87.59 −3.6% Palladium 1,021.50 +0.4% ECOR 2.78 +3.0% PPX 0.240 +9.1% PX 0.140 −3.5% IVS 0.250 +2.0% SCD 0.150 +3.5% UCU 2.31 +7.9% KAPA 0.105 +0.0% AFM 1.30 +6.6% BONE 0.035 −12.5% EM 4.30 +0.0% BKM 4.04 +1.0% SGO 0.175 +16.7% BNKR 2.76 +5.3% TECT 1.67 +9.9% MKA 0.650 +0.0% BEX 0.070 +0.0% Gold 4,112.90 +0.9% Silver 52.69 +1.4% Copper 6.35 +1.8% Oil 87.59 −3.6% Palladium 1,021.50 +0.4% ECOR 2.78 +3.0% PPX 0.240 +9.1% PX 0.140 −3.5% IVS 0.250 +2.0% SCD 0.150 +3.5% UCU 2.31 +7.9% KAPA 0.105 +0.0% AFM 1.30 +6.6% BONE 0.035 −12.5% EM 4.30 +0.0% BKM 4.04 +1.0% SGO 0.175 +16.7% BNKR 2.76 +5.3% TECT 1.67 +9.9% MKA 0.650 +0.0% BEX 0.070 +0.0%
Financings

Legacy Gold further increases financing to $7.5-million

By The Northwire Desk — AI Analysis Mar 20, 2026 · 16:32 LEGY · 0.40 Legacy Gold Mines Ltd.
LEGY · Price

Executive Summary

  • Legacy Gold Mines Ltd. has increased the size of its non-brokered private placement of common shares, raising the maximum potential amount to $7.5 million.
  • The private placement now consists of up to 25 million common shares priced at $0.30 per share.
  • Proceeds will be used to advance drilling and project development at the Baner gold mine property in Idaho, as well as for business development and general administrative purposes.

Key Details

  • Transaction Type: Non-brokered private placement of common shares.
  • Share Quantity: Up to 25,000,000 common shares.
  • Price Per Share: $0.30 CAD.
  • Gross Proceeds: Up to $7,500,000 CAD.
  • Use of Proceeds: Advancing drilling and project development activities at the Baner gold mine property (Orogrande mining district, Idaho); supporting business development; and general and administrative purposes.
  • Regulatory Status: Subject to approval of the TSX Venture Exchange.
  • Hold Period: Securities are subject to a four-month hold period in accordance with applicable securities laws.
  • Fees: The company may pay commissions or finders' fees to eligible parties, subject to exchange approval and legal compliance.
  • Previous Announcements: This follows an initial announcement on Feb. 23, 2026, and a previous increase on March 16, 2026.

Notable Quotes

  • None provided in the text.
Read the original news release →

More from Legacy Gold Mines Ltd.

Nov 02, 2026 · 08:55

Legacy Gold raises C$6 million at C$0.70 per share to fund drilling at the Baner project.

Financings Oct 28, 2026 · 11:39

Legacy raises C$3m in dilutive financing at a discount to fund a winterized drill program at the Baner project.

Drill Results Oct 19, 2026 · 07:21

Legacy reports a first NE Zone hole matching Main Zone grades, though it adds little to the priced resource story.

Drill Results Sep 23, 2026 · 07:21

Legacy reports a 3.7 g/t gold intercept at Baner, which reduces to 1.46 g/t excluding the 2 m seam.

Drill Results Aug 26, 2026 · 07:21

Legacy’s step-out drilling expanded the deposit footprint but returned lower grades than the embedded anchor target.

Drill Results Aug 11, 2026 · 07:21

Legacy’s Baner step-out hole extends 170m west, confirming a low-grade bulk model without high gram-metre punch.

Drill Results