Northwire Canada EditionTuesday, August 18, 2026
Northwire
GRZ 6.55 +0.8% HMR 0.480 −4.0% IMR 0.150 −3.2% KNT 29.05 +2.2% CPL 0.240 +9.1% ANK 0.330 +0.0% RML 1.16 +0.0% MSG 0.235 +2.2% TRO 0.130 +4.0% HDRO 1.52 +4.8% LOD 0.425 +6.2% ELBM 0.790 −2.5% AG 27.18 +1.6% PAAS 66.78 +1.5% GGM 0.035 +0.0% NTH 0.152 −4.7% GRZ 6.55 +0.8% HMR 0.480 −4.0% IMR 0.150 −3.2% KNT 29.05 +2.2% CPL 0.240 +9.1% ANK 0.330 +0.0% RML 1.16 +0.0% MSG 0.235 +2.2% TRO 0.130 +4.0% HDRO 1.52 +4.8% LOD 0.425 +6.2% ELBM 0.790 −2.5% AG 27.18 +1.6% PAAS 66.78 +1.5% GGM 0.035 +0.0% NTH 0.152 −4.7%
Financings

Giant Mining arranges $5-million at-the-market offering

BFG · Price

Executive Summary

  • Giant Mining Corp. entered into an equity distribution agreement for an at‑the‑market (ATM) offering of up to C$5 million in common shares.
  • The ATM program will run until the earlier of full issuance or June 29 2027, with Haywood Securities Inc. acting as sole placement agent.
  • Net proceeds are earmarked for continuation of drilling at the Majuba Hill project and general working capital.

Key Details

  • Agreement Date: September 29, 2025; parties – Giant Mining Corp. and Haywood Securities Inc.
  • Maximum Offering Size: Up to C$5 million aggregate gross sales price of common shares.
  • Distribution Mechanism: At‑the‑market (ATM) distributions under NI 44‑102, executed on the Canadian Securities Exchange or other recognized Canadian marketplaces.
  • Agent Role: Haywood Securities Inc. serves as sole and exclusive placement agent for all share sales.
  • Pricing: Shares will be sold at market prices or prices related to prevailing market levels; pricing may vary between purchasers and over time.
  • Term: Effective until either (i) full issuance of the authorized C$5 million of shares, or (ii) June 29 2027, whichever occurs first; may be terminated earlier by the company or agent per agreement terms.
  • Prospectus Supplement: Filed September 29 2025 as a supplement to Giant Mining’s short‑form base shelf prospectus dated May 29 2025; available on SEDAR+.
  • Use of Proceeds: Primarily to fund continued drilling activities at the Majuba Hill project and for general working capital needs.

Notable Quotes

(No direct quotes were provided in the release.)

Read the original news release →

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