Gold Fields sells its common shares of Galiano Gold

Published 1 month ago Positive
Gold Fields sells its common shares of Galiano Gold
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* Gold Fields (NYSE:GFI [https://seekingalpha.com/symbol/GFI]) said on Tuesday that its subsidiaries Marsh Holdings and Gold Fields Orogen Holding have sold an aggregate of 50.47M common shares [https://seekingalpha.com/pr/20242147-gold-fields-sells-its-common-shares-of-galiano-gold-inc] of Galiano Gold, representing approximately 19.5% of the issued and outstanding Galiano shares.
* The sale price was C$3.00 per Galiano share, for total gross proceeds to the selling shareholders of approximately C$151.4M.
* The sale was made on September 23, 2025, as a bought deal block trade to BMO Capital Markets, Scotiabank, and CIBC Capital Markets as principals.

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