GENM.TO up 25.37% to C$0.84 on Jan 09 2026: Bought-deal lifts outlook

Generation Mining Limited (GENM.TO stock) closed the TSX session up 25.37%, finishing at C$0.84 on 09 Jan 2026 after the company announced a C$20.00 million bought-deal financing and reiterated project permits. The move came on volume of 1,092,966 shares versus an average of 760,165, a relative volume of 2.40. Market reaction tracked permit momentum for the Marathon copper-palladium project and short-term dilution concerns from the unit offering that includes warrants at C$1.00.