Northwire Canada EditionTuesday, November 10, 2026
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Gold 4,114.50 +1.0% Silver 52.69 +1.4% Copper 6.38 +2.3% Oil 86.38 −4.9% Palladium 1,037.50 +2.0% HMMC 5.30 +2.7% EQX 17.02 +4.8% URE 1.13 +7.6% VRB 0.050 −9.1% GGO 1.22 +9.9% EFF 0.030 +0.0% AXO 1.07 +0.9% VGZ 4.01 +3.1% WGLD 0.120 +0.0% AAUC 33.15 +1.9% EDR 11.80 +6.7% CNRI 0.195 +0.0% STND 0.065 +8.3% SHL 0.375 +0.0% MAI 4.39 +3.0% GCN 0.030 +0.0% Gold 4,114.50 +1.0% Silver 52.69 +1.4% Copper 6.38 +2.3% Oil 86.38 −4.9% Palladium 1,037.50 +2.0% HMMC 5.30 +2.7% EQX 17.02 +4.8% URE 1.13 +7.6% VRB 0.050 −9.1% GGO 1.22 +9.9% EFF 0.030 +0.0% AXO 1.07 +0.9% VGZ 4.01 +3.1% WGLD 0.120 +0.0% AAUC 33.15 +1.9% EDR 11.80 +6.7% CNRI 0.195 +0.0% STND 0.065 +8.3% SHL 0.375 +0.0% MAI 4.39 +3.0% GCN 0.030 +0.0%
Financings

Legacy Gold increases private placement to $6-million

By The Northwire Desk — AI Analysis Mar 16, 2026 · 17:14 LEGY · 0.395 Legacy Gold Mines Ltd.
LEGY · Price

Executive Summary

  • Legacy Gold Mines Ltd. has increased the size of its previously announced non-brokered private placement of common shares.
  • The offering now consists of up to 20 million common shares at a price of $0.30 per share, raising gross proceeds of up to $6.0 million.
  • Proceeds are designated for drilling and project development at the Baner gold mine property, as well as business development and general administrative purposes.

Key Details

  • Transaction Type: Non-brokered private placement of common shares.
  • Share Quantity: Up to 20,000,000 common shares.
  • Price Per Share: $0.30 CAD.
  • Gross Proceeds: Up to $6,000,000 CAD.
  • Use of Proceeds:
    • Advancing drilling and project development activities at the Baner gold mine property (Orogrande mining district, Idaho).
    • Supporting business development.
    • General and administrative purposes.
  • Regulatory Status: Subject to approval by the TSX Venture Exchange.
  • Hold Period: Securities are subject to a four-month hold period in accordance with applicable securities laws.
  • Finder's Fees: The company may pay commissions or finder's fees to eligible parties, subject to exchange approval and legal compliance.

Notable Quotes

  • No direct quotes from management were included in the provided 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