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 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).

Read the original news release →

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