05:31 PM EDT, 08/18/2025 (MT Newswires) -- Gladiator Metals ( GDTRF ) , which hit 52-week highs today, after trade Monday said it is raising $20 million in bought-deal private placement of flow-through and common shares.

The company is selling an underwriting syndicate 10.56-million flow-through shares priced at $1.42 each and 5.43-million common shares priced at $0.92 each.

Gladiator said funds from the sale of the flow-through shares will be used for exploration of its Yukon mineral properties, while proceeds from the common-share placement will be used for working capital and general corporate purposes.

The company's shares closed unchanged at $1.05 on the TSX Venture Exchange, having touched a 52-week high of $1.07 during the session.