September 29, 2009
Galway Resources Ltd. (GWY:TSX-V) completed a private placement offering of 24,000,000 units at a price of $0.50 per unit for gross proceeds of $12,000,000. Each unit consisted of one common share of the company and one-half of one common share purchase warrant with each whole warrant being exercisable to acquire one common share at a price of $0.75 for a period of two years from the date of closing. GMP Securities L.P. and M Partners Inc. acted as co-lead agents for the offering.
Wildeboer Dellelce LLP acted for the agents in connection with the offering with a team that included Vaughn MacLellan, Alexandra Vazquez and Nancy Son-Wilkening (corporate/securities).