10:18 AM EST, 01/29/2026 (MT Newswires) -- Lavras Gold ( LGCFF ) on Thursday said it completed its previously announced "bought deal" public offering, pursuant to which the company issued around 2.9 million common shares at a price of C$3.40 each for around C$10 million.

The company will use the net proceeds for project development, exploration and resource drilling and general corporate purposes.

The offering remains subject to final acceptance of the TSX Venture Exchange.

The company's shares were last seen down $0.04 or down 1.1% at $3.33 on the TSX Venture Exchange.

Price: 3.33, Change: -0.04, Percent Change: -1.19