Legacy Gold Doubles Non-Brokered Private Placement to C$6 Million

Legacy Gold Mines Ltd. (TSXV: LEGY) has increased the size of its non-brokered private placement, doubling the targeted gross proceeds to C$6 million from the C$3 million originally announced on October 28, 2026. The offering was structured at C$0.70 per common share, with the upsized deal reflecting greater-than-anticipated investor demand for the junior gold explorer.

Proceeds are earmarked for exploration and development at the company's Baner Gold Mine property in Idaho County, Idaho, located in the Orogrande Mining District. The placement remains subject to approval from the TSX Venture Exchange.