Gladiator Metals is pleased to announce that in connection with its previously announced "bought deal" private placement, the Company and Cormark Securities on behalf of a syndicate of underwriters, have agreed to increase the size of the private placement to aggregate gross proceeds of approximately $22.5 million. The Offering will consist of the issuance and sale of 10,563,400 common shares of the Company that will qualify as "flow-through shares" of the Income Tax Act ) , at a price of $1.42 per FT Share, for gross proceeds of $15,000,028, and 8,152,200 common shares of the Company at a price of $0.92 per HD Share, for gross proceeds of $7,500,024, for aggregate gross proceeds to the Company of $22,500,052. The Company will use an amount ...