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    <submissionType>D</submissionType>

    <testOrLive>LIVE</testOrLive>

    <primaryIssuer>
        <cik>0002147653</cik>
        <entityName>Voyageur Pharmaceuticals Ltd.</entityName>
        <issuerAddress>
            <street1>#7-1700 VARSITY ESTATES DRIVE N.W.</street1>
            <city>CALGARY</city>
            <stateOrCountry>A0</stateOrCountry>
            <stateOrCountryDescription>ALBERTA, CANADA</stateOrCountryDescription>
            <zipCode>T3B 2W9</zipCode>
        </issuerAddress>
        <issuerPhoneNumber>877-398-6866</issuerPhoneNumber>
        <jurisdictionOfInc>ALBERTA, CANADA</jurisdictionOfInc>
        <issuerPreviousNameList>
            <previousName>Voyageur Minerals Ltd.</previousName>
            <previousName>Golden Sun Capital Inc.</previousName>
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        <edgarPreviousNameList>
            <value>None</value>
        </edgarPreviousNameList>
        <entityType>Corporation</entityType>
        <yearOfInc>
            <overFiveYears>true</overFiveYears>
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                <lastName>Willis</lastName>
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                <city>Calgary</city>
                <stateOrCountry>A0</stateOrCountry>
                <stateOrCountryDescription>ALBERTA, CANADA</stateOrCountryDescription>
                <zipCode>T3B 2W9</zipCode>
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                <relationship>Executive Officer</relationship>
                <relationship>Director</relationship>
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                <firstName>Albert</firstName>
                <lastName>Deslauriers</lastName>
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                <stateOrCountryDescription>ALBERTA, CANADA</stateOrCountryDescription>
                <zipCode>T3B 2W9</zipCode>
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                <lastName>Bradley</lastName>
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                <street1>#7 - 1700 Varsity Estates Drive N.W</street1>
                <city>Calgary</city>
                <stateOrCountry>A0</stateOrCountry>
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                <relationship>Director</relationship>
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                <lastName>Fritzel</lastName>
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                <city>Calgary</city>
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                <stateOrCountryDescription>ALBERTA, CANADA</stateOrCountryDescription>
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                <lastName>Pommer</lastName>
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                <city>Calgary</city>
                <stateOrCountry>A0</stateOrCountry>
                <stateOrCountryDescription>ALBERTA, CANADA</stateOrCountryDescription>
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                <city>Calgary</city>
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                <lastName>Shaw</lastName>
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                <firstName>Christopher</firstName>
                <lastName>Van Buren</lastName>
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            <relatedPersonName>
                <firstName>Jeffrey</firstName>
                <lastName>Kraws</lastName>
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                <street1>#7 - 1700 Varsity Estates Drive N.W</street1>
                <city>Calgary</city>
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                <stateOrCountryDescription>ALBERTA, CANADA</stateOrCountryDescription>
                <zipCode>T3B 2W9</zipCode>
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        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Virginia</firstName>
                <lastName>Alling</lastName>
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                <street1>#7 - 1700 Varsity Estates Drive N.W</street1>
                <city>Calgary</city>
                <stateOrCountry>A0</stateOrCountry>
                <stateOrCountryDescription>ALBERTA, CANADA</stateOrCountryDescription>
                <zipCode>T3B 2W9</zipCode>
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        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Ethan</firstName>
                <lastName>Mohan</lastName>
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                <street1>#7 - 1700 Varsity Estates Drive N.W</street1>
                <city>Calgary</city>
                <stateOrCountry>A0</stateOrCountry>
                <stateOrCountryDescription>ALBERTA, CANADA</stateOrCountryDescription>
                <zipCode>T3B 2W9</zipCode>
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    <offeringData>
        <industryGroup>
            <industryGroupType>Other</industryGroupType>
        </industryGroup>
        <issuerSize>
            <revenueRange>Decline to Disclose</revenueRange>
        </issuerSize>
        <federalExemptionsExclusions>
            <item>06b</item>
        </federalExemptionsExclusions>
        <typeOfFiling>
            <newOrAmendment>
                <isAmendment>false</isAmendment>
            </newOrAmendment>
            <dateOfFirstSale>
                <value>2026-06-05</value>
            </dateOfFirstSale>
        </typeOfFiling>
        <durationOfOffering>
            <moreThanOneYear>true</moreThanOneYear>
        </durationOfOffering>
        <typesOfSecuritiesOffered>
            <isEquityType>true</isEquityType>
            <isOptionToAcquireType>true</isOptionToAcquireType>
            <isSecurityToBeAcquiredType>true</isSecurityToBeAcquiredType>
            <isOtherType>true</isOtherType>
            <descriptionOfOtherType>Each Unit is comprised of 1 common share (&quot;Share&quot;) and 1 common share purchase warrant (&quot;Warrant&quot;). Each Warrant entitles the holder thereof to purchase 1 additional Share of the Company at an exercise price of CDN$0.20 per Share for a period of 36 months</descriptionOfOtherType>
        </typesOfSecuritiesOffered>
        <businessCombinationTransaction>
            <isBusinessCombinationTransaction>false</isBusinessCombinationTransaction>
            <clarificationOfResponse></clarificationOfResponse>
        </businessCombinationTransaction>
        <minimumInvestmentAccepted>0</minimumInvestmentAccepted>
        <salesCompensationList></salesCompensationList>
        <offeringSalesAmounts>
            <totalOfferingAmount>4759409</totalOfferingAmount>
            <totalAmountSold>316002</totalAmountSold>
            <totalRemaining>4443407</totalRemaining>
            <clarificationOfResponse>The additional $4,443,407 may be received upon the exercise of common share purchase warrants if exercised in the U.S. U.S. dollar amounts are based on the Bank of Canada average rate of exchange reported on June 5, 2026, which was CDN$1.3924 = US$1.00.</clarificationOfResponse>
        </offeringSalesAmounts>
        <investors>
            <hasNonAccreditedInvestors>false</hasNonAccreditedInvestors>
            <totalNumberAlreadyInvested>2</totalNumberAlreadyInvested>
        </investors>
        <salesCommissionsFindersFees>
            <salesCommissions>
                <dollarAmount>0</dollarAmount>
            </salesCommissions>
            <findersFees>
                <dollarAmount>0</dollarAmount>
            </findersFees>
            <clarificationOfResponse></clarificationOfResponse>
        </salesCommissionsFindersFees>
        <useOfProceeds>
            <grossProceedsUsed>
                <dollarAmount>0</dollarAmount>
            </grossProceedsUsed>
            <clarificationOfResponse>In the ordinary course of business, the issuer may use some of the proceeds of the offering to pay salaries to certain of its executive officers and directors.</clarificationOfResponse>
        </useOfProceeds>
        <signatureBlock>
            <authorizedRepresentative>false</authorizedRepresentative>
            <signature>
                <issuerName>Voyageur Pharmaceuticals Ltd.</issuerName>
                <signatureName>/s/ Ethan Mohan</signatureName>
                <nameOfSigner>Ethan Mohan</nameOfSigner>
                <signatureTitle>Executive Vice President</signatureTitle>
                <signatureDate>2026-08-10</signatureDate>
            </signature>
        </signatureBlock>
    </offeringData>
</edgarSubmission>
