Galleon Gold Receives Invitation to Submit Closure Plan for West Cache Project Bulk Sample Program
Toronto, Ontario--(Newsfile Corp. - February 10, 2025) - Galleon Gold Corp. (TSXV: GGO) (FSE: 3H90) (the "Company" or "Galleon Gold") is pleased to announce it has been issued a letter from the Ministry of Mines ("MINES") inviting the Company to submit its Closure Plan for a Bulk Sample on its 100% owned West Cache Gold Project in Timmins, Ontario (the "Project" or "West Cache"). The Closure Plan is a comprehensive document including a complete project description, construction and mining...
2025-02-10 12:00 PM EST
Galleon Gold Issues Shares for Interest Payment on Convertible Debentures
Toronto, Ontario--(Newsfile Corp. - November 15, 2024) - Galleon Gold Corp. (TSXV: GGO) (FSE: 3H90) (the "Company" or "Galleon Gold") reports that further to its news release of October 30, 2024, under the terms of the convertible debentures (the "Convertible Debentures") issued on April 12, 2024 , April 19, 2024 and April 29, 2024 (see news releases dated April 12, 19, 29, 2024) it has satisfied its obligation to pay an aggregate of $163,742.47 interest accrued by issuing 564,796 common...
2024-11-15 4:00 PM EST
Galleon Gold Announces Interest Payment on Convertible Debentures
Toronto, Ontario--(Newsfile Corp. - October 30, 2024) - Galleon Gold Corp. (TSXV: GGO) (the "Company" or "Galleon Gold") reports that under the terms of the convertible debentures (the "Convertible Debentures") issued on April 12, 2024, April 19, 2024 and April 29, 2024 (see news releases dated April 12, 19, and 29, 2024) it has elected to satisfy its obligation to pay interest accrued by issuing common shares (the "Common Shares"). Under the terms of the Convertible Debentures, no fractional...
2024-10-30 5:00 PM EDT
Galleon Gold Announces the Passing of Timothy G. Smith, Chief Operating Officer
Toronto, Ontario--(Newsfile Corp. - June 7, 2024) - Galleon Gold Corp. (TSXV: GGO) (FSE: 3H90) (the "Company" or "Galleon Gold") regrets to announce the passing of Chief Operating Officer Timothy G. Smith. With over 30 years of experience in the mining industry, he was an invaluable member of the Galleon Gold team providing technical leadership and pragmatic guidance since 2021. Mr. David Russell comments, "Having worked with Tim on many projects over the past two decades, there is no one I...
2024-06-07 4:00 PM EDT
Galleon Gold Announces Results of Annual Meeting of Shareholders
Toronto, Ontario--(Newsfile Corp. - May 28, 2024) - Galleon Gold Corp. (TSXV: GGO) (FSE: 3H90) (the "Company" or "Galleon Gold") is pleased to announce that all of the resolutions put forth at the Annual and Special Meeting of Shareholders (the "Meeting") held on May 28, 2024 were approved. At the Meeting, shareholders elected the following directors to hold office for the ensuing year: R. David Russell, Thomas Kofman, James T. O'Neil Jr., Mario Colantonio, Gerhard Merkel, Michael Hobart and...
2024-05-28 5:00 PM EDT
Galleon Gold Closes $1.41M Private Placement of Convertible Debentures with Participation from Eric Sprott
Toronto, Ontario--(Newsfile Corp. - April 29, 2024) - Galleon Gold Corp. (TSXV: GGO) (FSE: 3H90) (the "Company" or "Galleon Gold") is pleased to announce that, further to its press release on April 16, 2024, it has closed a non-brokered private placement offering of convertible debenture units (the "Debenture Units") at a price of $1,000 per Debenture Unit for aggregate gross proceeds of C$1,410,000 from the issuance of 1,410 Debenture Units. The Offering Each Debenture Unit consists of...
2024-04-29 5:00 PM EDT
Galleon Gold Completes $3M Private Placement of Convertible Debentures with Lead Order from Eric Sprott
Toronto, Ontario--(Newsfile Corp. - April 19, 2024) - Galleon Gold Corp. (TSXV: GGO) (FSE: 3H90) (the "Company" or "Galleon Gold") is pleased to announce that it has closed a second and final tranche of a non-brokered private placement offering of convertible debenture units (the "Debenture Units") at a price of $1,000 per Debenture Unit. The second tranche consists of 1,968 Debenture Units for proceeds of C$1,968,000. Aggregate gross proceeds from the first tranche and together with the...
2024-04-19 5:15 PM EDT
Galleon Gold Announces Current Financing is Fully Subscribed and Initiates New Offering for up to $1.5M
Toronto, Ontario--(Newsfile Corp. - April 16, 2024) - Galleon Gold Corp. (TSXV: GGO) (FSE: 3H90) (the "Company" or "Galleon Gold") is pleased to announce that the non-brokered private placement of convertible debentures disclosed on April 12, 2024 (the "Financing") is fully subscribed. The Company expects to close the second and final tranche of the Financing on or around April 19, 2024. Due to additional interest in the Financing, the Company announces that it has initiated a new financing...
2024-04-16 5:00 PM EDT
Galleon Gold Announces Closing of First Tranche of Private Placement of Convertible Debentures
Toronto, Ontario--(Newsfile Corp. - April 12, 2024) - Galleon Gold Corp. (TSXV: GGO) (FSE: 3H90) (the "Company" or "Galleon Gold") is pleased to announce that it has closed a first tranche of a non-brokered private placement offering of convertible debenture units (the "Debenture Units") at a price of $1,000 per Debenture Unit for gross proceeds of C$1,032,000 (the "Offering"). The first tranche consists of the sale of 1,032 Debenture Units. The Offering Each Debenture Unit consists of $1,000...
2024-04-12 5:06 PM EDT
Galleon Gold Announces up to 98% Gold Recoveries from Metallurgical Studies at West Cache Project
Toronto, Ontario--(Newsfile Corp. - April 3, 2024) - Galleon Gold Corp. (TSXV: GGO) (FSE: 3H90) (the "Company" or "Galleon Gold") is pleased to announce excellent results from recent metallurgical test work (the "Study") performed on a composite sample representative of the material to be mined from the Company's planned 86,500 tonne exploration bulk sample. The Study was undertaken to evaluate gold recoveries from flotation and gravity-flotation methods. In contrast, the Company's 2021...
2024-04-03 7:45 AM EDT
Galleon Gold Receives Exploration Drilling Permit for West Cache Gold Project
Toronto, Ontario--(Newsfile Corp. - March 27, 2024) - Galleon Gold Corp. (TSXV: GGO) (FSE: 3H90) (the "Company" or "Galleon Gold") is pleased to announce it has received a new Exploration Drilling Permit from the Ontario Ministry of Mines, Mineral Development Branch for its 100% owned West Cache Gold Project (the "Project" or "West Cache") in Timmins, Ontario. From 2020 to 2023, under the old permit, the Company completed 227 drill holes for a total of 50,885 meters. This new permit increases...
2024-03-27 7:45 AM EDT
Galleon Gold Engages ICP Securities Inc. for Automated Market Making Services
Toronto, Ontario--(Newsfile Corp. - January 26, 2024) - Galleon Gold Corp. (TSXV: GGO) (the "Company") is pleased to announce that, subject to regulatory approval, it has engaged the services of ICP Securities Inc. ("ICP") to provide automated market making services, including use of its proprietary algorithm, ICP Premium™, in compliance with the policies and guidelines of the TSX Venture Exchange and other applicable legislation. ICP will receive a fee of C$7,500 plus applicable taxes per...
2024-01-26 5:00 PM EST
Galleon Gold Announces 2024 Development Plans
Toronto, Ontario--(Newsfile Corp. - January 10, 2024) - Galleon Gold Corp. (TSXV: GGO) (the "Company" or "Galleon Gold") is pleased to outline its plans for 2024 as the Company embarks upon its advanced exploration activities at its flagship West Cache Gold Project in Timmins, Ontario ("West Cache" or the "Project"). Comment from CEO David Russell, President and CEO of Galleon Gold commented, "From a capital markets perspective 2023 was a challenging year for the junior mining sector, and...
2024-01-10 7:45 AM EST
Galleon Gold Announces Closing of Private Placement
Toronto, Ontario--(Newsfile Corp. - December 29, 2023) - Galleon Gold Corp. (TSXV: GGO) (the "Company") is pleased to announce that it has closed a non-brokered private placement for aggregate gross proceeds of C$275,000 through the issuance of 1,833,333 flow-through units (the "FT Units ") at a price of C$0.15 per FT Unit (the "Offering"). Each FT Unit consists of one common share of the Company and one-half of one common share purchase warrant (each whole warrant, a "Warrant"), each issued...
2023-12-29 5:00 PM EST
Galleon Gold Files Notice of Project Status with Ministry of Mines - Moving the West Cache Gold Project to Advanced Stage Exploration
Toronto, Ontario--(Newsfile Corp. - November 16, 2023) - Galleon Gold Corp. (TSXV: GGO) (the "Company" or "Galleon Gold") is pleased to announce it has commenced the formal process of permitting with the Ontario Ministry of Mines (the "Ministry") for the 100% owned West Cache Gold Project, Timmins, Ontario (the "Project" or "West Cache"). Today, the Company submitted the Notice of Project Status - Form 1 - Mining Act providing notice that the Project is moving from exploration to advanced...
2023-11-16 7:45 AM EST
Galleon Gold Provides Update on Permitting at the West Cache Gold Project
Toronto, Ontario--(Newsfile Corp. - August 1, 2023) - Galleon Gold Corp. (TSXV: GGO) (the "Company" or "Galleon Gold") is pleased to provide an update on its development plans for its 100% owned West Cache Gold Project, Timmins, Ontario (the "Project" or West Cache"). Comment from CEO David Russell, President and CEO of Galleon Gold, commented, "We are entering the final stretch for completion of the detailed engineering design and documentation required for submission of our bulk sample...
2023-08-01 7:45 AM EDT
Galleon Gold Converts Neal Project Lease Agreement to Purchase Agreement
Toronto, Ontario--(Newsfile Corp. - July 18, 2023) - Galleon Gold Corp. (TSXV: GGO) (the "Company" or "Galleon Gold") is pleased to announce that it has entered into a purchase agreement (the "Purchase Agreement") with Daisy Mining & Land LLP ("Daisy") to acquire seven (7) patented lode claims in Idaho, with five (5) of those claims forming the nucleus of the Neal Gold Project. To facilitate the transaction, the Company has formed a new Idaho company, Golden Trove, LLC ("Golden Trove") which...
2023-07-18 7:45 AM EDT
Galleon Gold Completes Neal Project Acquisition with Eric Sprott and Announces Results of AGSM
Toronto, Ontario--(Newsfile Corp. - June 15, 2023) - Galleon Gold Corp. (TSXV: GGO) (the "Company" or "Galleon Gold") is pleased to announce that it has closed the previously announced transaction (the "Transaction") (see press release dated May 31, 2023) with 2176423 Ontario Ltd., (the "Vendor"), a corporation that is beneficially owned and controlled by Eric Sprott to acquire the Vendor's 100% interest in a stockpile of mineralized material (the "Stockpile") located on the Neal Idaho...
2023-06-15 7:45 AM EDT
Galleon Gold Acquires Eric Sprott's Remaining Interest in the Neal Idaho Gold Project
Toronto, Ontario--(Newsfile Corp. - May 31, 2023) - Galleon Gold Corp. (TSXV: GGO) (the "Company") is pleased to announce that it has entered into an agreement (the "Agreement") with 2176423 Ontario Ltd., (the "Vendor"), a corporation that is beneficially owned and controlled by Eric Sprott ("Eric Sprott"), to acquire the Vendor's 100% interest in a stockpile of mineralized material (the "Stockpile") located on the Neal Idaho Project, 27 km southeast of Boise, Idaho (the "Project") together...
2023-05-31 7:50 AM EDT
Galleon Gold Engages Independent Trading Group as Its Market Maker
Toronto, Ontario--(Newsfile Corp. - March 20, 2023) - Galleon Gold Corp. (TSXV: GGO) (the "Company") announces that, subject to regulatory approval, it has engaged the services of Independent Trading Group ("ITG") to provide market-making services in accordance with TSX Venture Exchange policies. ITG will trade shares of the Company on the TSXV and all other trading venues with the objectives of maintaining a reasonable market and improving the liquidity of the Company's common shares. Under...
2023-03-20 5:00 PM EDT