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Source document· January 7, 2026
GENERATION MINING ANNOUNCES $20 MILLION BOUGHT DEAL PUBLIC OFFERING
View original at finance.yahoo.comGENERATION MINING ANNOUNCES $20 MILLION BOUGHT DEAL PUBLIC OFFERING /THIS NEWS RELEASE IS INTENDED FOR DISTRIBUTION IN CANADA ONLY AND IS NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/ TORONTO, Jan…
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Net proceeds from the Offering are expected to be used to advance exploration and development at the Marathon Project, for working capital and for general corporate purposes
80% confidenceOver the anticipated 13-year mine life, the Marathon Project is expected to produce 2,161,000 ounces of palladium, 532 million lbs of copper, 488,000 ounces of platinum, 160,000 ounces of gold and 3,051,000 ounces of silver in payable metals
80% confidenceThe Feasibility Study estimated a Net Present Value of C$1.07 billion, an Internal Rate of Return of 28%, and a 1.9-year payback based on 3-year trailing average metal prices
80% confidence