Financings
Giant Mining Announces At-the-Market Offering of up to $5 Million

BFG · Price
Executive Summary
- Giant Mining Corp. entered into a $5 million at‑the‑market equity distribution agreement with Haywood Securities Inc., giving the company discretion to sell common shares on a continuous basis through June 29 2027.
- Net proceeds are earmarked for continuation of the drill program at the Marjuba Hill Project and for general working capital, supporting ongoing exploration activities.
- The offering is structured under the Company’s existing short‑form base shelf prospectus (dated May 29 2025) with a prospectus supplement filed on September 29 2025.
Key Details
- Agreement Date: September 29 2025 (Distribution Agreement).
- Agent: Haywood Securities Inc., acting as sole and exclusive placement agent.
- Maximum Gross Sales Price: Up to $5 million of common shares (“ATM Offering”).
- Offering Structure: At‑the‑market (ATM) distributions on the Canadian Securities Exchange (CSE) or other recognized Canadian marketplaces, priced at prevailing market levels.
- Term: Effective until the earlier of full issuance/sale of the $5 M of shares or June 29 2027, subject to early termination by either party per the agreement.
- Prospectus Documentation: Prospectus supplement dated September 29 2025 filed with all Canadian securities commissions; supplements the short‑form base shelf prospectus dated May 29 2025 and is available on SEDAR+.
- Use of Proceeds:
- Continue drilling program at the Marjuba Hill Project.
- Provide general working capital for corporate operations.
- Regulatory Notices: Shares are not registered under U.S. securities laws; offering not available to U.S. persons absent exemption.
- Contact: David C. Greenway, President & CEO ([email protected]).
Notable Quotes
“The net proceeds of the ATM Offering will be used towards the continuation of the drill program on the Marjuba Hill Project and general working capital.” – David C. Greenway, President & CEO
Materiality Assessment: Material – Positive (the financing provides significant capital to fund exploration and operational needs).
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May 27, 2026 · 03:15