Legacy Gold Mines Increases Private Placement

Legacy Gold Mines has announced a final increase in its non-brokered private placement, raising the maximum potential amount to C$10.0 million. This private placement, which has been increased multiple times since its initial announcement on February 23, 2026, involves the issuance of up to 33,333,333 common shares at C$0.30 per share. The proceeds will be primarily used to fund drilling and project development activities at Legacy Gold Mines' Baner Gold Mine property in United States — Idaho, United States, as well as for business development and general administrative expenses. The private placement is subject to approval by the TSX Venture Exchange, and the securities issued will have a four-month hold period.