Galleon Gold Provides Update on Filing of Interim Financial Reports
Toronto, Ontario--(Newsfile Corp. - June 2, 2020) - Galleon Gold Corp. (TSXV: GGO) (the "Company" or "Galleon Gold") announces that, as previously disclosed on April 28, 2020, the Company relied on the blanket relief granted by the Canadian Securities Administrators in respect of its obligation to file its interim financial statements for the three months ended February 29, 2020 and the related interim management's discussion and analysis (the "Interim Financial Reports") on or before April...
2020-06-02 6:41 PM EDT
Galleon Gold Reaches Agreement to Settle Outstanding Debentures
Toronto, Ontario--(Newsfile Corp. - June 1, 2020) - Galleon Gold Corp. (TSXVV: GGO) (the "Company") is pleased to announce that it has reached agreement with debenture holders (the "Debenture Holders") for the early retirement of the outstanding C$945,212 8% convertible debentures due July 3, 2020 and the C$1,300,000 8% convertible debentures due November 28, 2020 (the "Agreement"). Under terms of the Agreement, the Company will settle the outstanding principal and accrued interest plus...
2020-06-01 10:45 AM EDT
Galleon Gold Closes Private Placement of C$3,196,440
Toronto, Ontario--(Newsfile Corp. - May 25, 2020) - Galleon Gold Corp. (TSXV: GGO) (the "Company") is pleased to announce that it has closed a first tranche of its previously announced non-brokered private placement for aggregate gross proceeds of C$3,196,440 of (i) 32,640,100 units of the Company (the "Units") at a price of C$0.05 per Unit and (ii) 28,444,277 flow-through units (the "FT Units") at a price of C$0.055 per FT Unit (the "Offering"). Each Unit consists of one common share in the...
2020-05-25 5:00 PM EDT
Galleon Gold Increases Previously Announced Private Placement to C$4 Million
Toronto, Ontario--(Newsfile Corp. - May 19, 2020) - Galleon Gold Corp. (the "Company") (TSXV: GGO) is pleased to announce that it is increasing the size of its previously announced non-brokered private placement offering up to gross proceeds of C$4.0 million (the "Offering") The Offering consists of a combination of units (the "Units") at a price of C$0.05 per Unit and flow-through units (the "FT Units") at a price of C$0.055 per FT Unit. Each Unit will consist of one common share in the...
2020-05-19 2:53 PM EDT
Galleon Gold Announces C$1.0M Commitment by Eric Sprott and Revises Terms of Private Placement
Toronto, Ontario--(Newsfile Corp. - April 30, 2020) - Galleon Gold Corp. (TSXV: GGO) (the "Company") is pleased to announce an update to its C$3.0 million financing previously announced on April 28, 2020 (the "Offering"). The Company has received interest from Eric Sprott to subscribe for 20,000,000 units (or C$1,000,000). In addition, the Company is amending the terms to the flow-through portion of the Offering to flow-through Units (the "FT Units"). The FT Units are being offered at C$0.055...
2020-04-30 4:15 PM EDT
Galleon Gold Announces Reliance on Temporary Regulatory Filing Relief
Toronto, Ontario--(Newsfile Corp. - April 28, 2020) - Galleon Gold Corp. (TSXV: GGO) (the "Company" or "Galleon Gold") is providing an update on the status of its interim financial statements, accompanying management discussion & analysis and related officer certifications (collectively "Interim Filings") for the period ended February 29, 2020. On March 23, 2020, the Canadian Securities Administrators announced that they will provide issuers with temporary blanket relief, which provides a...
2020-04-28 5:00 PM EDT
Galleon Gold Announces Private Placement of up to C$3.0 million
Toronto, Ontario--(Newsfile Corp. - April 28, 2020) - Galleon Gold Corp. (TSXV: GGO) (the "Company") is pleased to announce a non-brokered private placement of up to C$3.0 million through the issuance of a combination of units (the "Units") at a price of C$0.05 per Unit and flow-through common shares (the "FT Shares") at a price of C$0.06 per FT Share (the "Offering"). Red Cloud Securities is acting as a finder in connection with the Offering. Each Unit will consist of one common share in the...
2020-04-28 8:00 AM EDT
Galleon Gold Corporate Update
Toronto, Ontario--(Newsfile Corp. - March 31, 2020) - Galleon Gold Corp. (TSXV: GGO) (the "Company" or "Galleon Gold") provides a corporate update in connection with the Company's filing of its year-ended 2019 financial statements and recent market volatility. The Company recognizes that the recent COVID-19 pandemic has presented many challenges to its shareholders, employees and service providers. Galleon Gold reports it is well positioned to weather the next several months and, pending the...
2020-03-31 8:00 AM EDT
Galleon Gold Closes Shares for Debt Settlement
Toronto, Ontario--(Newsfile Corp. - February 25, 2020) - Galleon Gold Corp. (TSXV: GGO) (the "Company" or "Galleon Gold") announces that it has closed the previously announced debt settlement agreement (see Press Release dated February 13, 2020) (the "Debt Settlement") for an aggregate amount of $70,000 for interest earned on a Convertible Debenture. The Debt Settlement was settled by the issuance of 1,000,000 common shares at a deemed price of $0.07 per share. The securities issued pursuant...
2020-02-25 4:00 PM EST
Galleon Gold Invites Investors to Visit Them at the PDAC
Toronto, Ontario--(Newsfile Corp. - February 21, 2020) - Galleon Gold Corp. (TSXV: GGO) (the "Company" or "Galleon Gold") will be exhibiting at PDAC 2020, the Company invites investors and shareholders to visit booth #3302 at the Investor Exchange in the south building of the Metro Toronto Convention Center from March 1 to March 4, 2020. Company representatives will be on hand to discuss our flagship West Cache Gold project located 13km west of Timmins, Ontario. The Company also wishes to...
2020-02-21 4:00 PM EST
Galleon Gold Announces Shares for Debt Settlement
Toronto, Ontario--(Newsfile Corp. - February 13, 2020) - Galleon Gold Corp. (TSXV: GGO) (the "Company" or "Galleon Gold") announces that it has agreed to settle an aggregate amount of $70,000 for interest earned on a Convertible Debenture (the "Debt Settlement"). The Debt Settlement will be settled by the issuance of 1,000,000 common shares at a deemed price of $0.07 per share. The securities issued pursuant to the Debt Settlement will be subject to a four-month hold period commencing on the...
2020-02-13 8:10 AM EST
Galleon Gold Closes Shares for Debt Settlement for Interest Owed to Eric Sprott
Toronto, Ontario--(Newsfile Corp. - January 22, 2020) - January 22, 2019. Galleon Gold Corp. (TSXV: GGO) (the "Company" or "Galleon Gold") announces that it has closed its previously announced debt settlement agreement (see press release January 17, 2020). Eric Sprott, through 2176423 Ontario Ltd., a corporation that is beneficially owned by him, agreed to settle an aggregate amount of $82,177 for interest earned on a Galleon Gold Debenture (the "Debt Settlement"). The Debt Settlement was...
2020-01-22 4:15 PM EST
Galleon Gold Announces Shares for Debt Settlement for Interest Owed to Eric Sprott
Toronto, Ontario--(Newsfile Corp. - January 17, 2020) - Galleon Gold Corp. (TSXV: GGO) (the "Company" or "Galleon Gold") announces that Eric Sprott, through 2176423 Ontario Ltd., a corporation that is beneficially owned by him, has agreed to settle an aggregate amount of $82,177 for interest earned on a Galleon Gold Debenture (the "Debt Settlement"). The Debt Settlement will be settled by the issuance of 1,027,218 common shares at a deemed price of $0.08 per share. The securities issued...
2020-01-17 12:49 PM EST
Eric Sprott Becomes Controlling Shareholder of Galleon Gold
Toronto, Ontario--(Newsfile Corp. - January 9, 2020) - Galleon Gold Corp. (TSXV: GGO) (the "Company" or "Galleon Gold") is pleased to announce that Eric Sprott, through 2176423 Ontario Ltd., a corporation that is beneficially owned by him, has exercised his right to convert a Galleon Gold Debenture ("Debenture") in the amount of $3,000,000. The Debenture (see press release dated September 5, 2019) is convertible into common shares at a price of $0.05 per share for a total of 60,000,000 common...
2020-01-09 7:15 AM EST
Galleon Gold Completes Flow-Through Financing
Toronto, Ontario--(Newsfile Corp. - December 30, 2019) - Galleon Gold Corp. (TSXV: GGO) (the "Company" or "Galleon Gold") announces it has closed a flow-through private placement ("Financing") of 12,500,000 flow-through units ("Unit") at a price of $0.08 per Unit for gross proceeds of $1,000,000. Each Unit consists of one flow-through common share ("Flow-Through Common Share") and one-half of one common share purchase warrant ("Warrant"), each whole Warrant entitling the holder to purchase...
2019-12-30 4:00 PM EST
Galleon Gold Announces Completion of Amalgamation with Explor Resources
Toronto, Ontario--(Newsfile Corp. - December 23, 2019) - Galleon Gold Corp. (TSXV: GGO) (the "Company" or "Galleon Gold") is pleased to announce that it has completed its previously announced three-cornered amalgamation (the "Amalgamation") with Explor Resources Inc. ("Explor Resources"). In connection with the Amalgamation Galleon Gold has issued 95,198,612 common shares of Galleon Gold in exchange for all of the issued and outstanding shares of Explor Resources. President and CEO, Mr. R....
2019-12-23 6:10 PM EST
Pure Nickel Announces Name Change to Galleon Gold Corp. and Provides Update on Amalgamation with Explor Resources
Toronto, Ontario--(Newsfile Corp. - December 18, 2019) - Pure Nickel Inc. (TSXV: NIC) (the "Company" or "Pure Nickel") is pleased to announce that it has changed its name from "Pure Nickel Inc." to "Galleon Gold Corp." pursuant to the provisions of the Canada Business Corporations Act. The name change was approved by shareholders at the Company's annual and special meeting of shareholders held on December 11, 2019 and is effective as of December 18, 2019. The Company anticipates that it will...
2019-12-18 7:45 AM EST
Pure Nickel Announces Flow-Through Financing
Toronto, Ontario--(Newsfile Corp. - December 16, 2019) - Pure Nickel Inc. (TSXV: NIC) (the "Company" or "Pure Nickel") announces it intends to complete a flow through private placement ("Financing") of up to 25,000,000 units ("Unit") at a price of $0.08 per Unit for gross proceeds of up to $2,000,000. Each Unit consists of one common share ("Common Share") and one-half of one Common Share purchase warrant ("Warrant"), each Warrant entitling the holder to purchase one additional Common Share...
2019-12-16 7:00 AM EST
Pure Nickel Provides Update on Upcoming AGM
Toronto, Ontario--(Newsfile Corp. - November 29, 2019) - Pure Nickel Inc. (TSXV: NIC) (the "Company" or "Pure Nickel") is pleased to provide an update regarding its upcoming Annual and Special Meeting of the Shareholders ("AGM") which has been scheduled December 11, 2019. At the AGM, shareholders will be asked to approve a number of items of special business including: The approval of the transaction to combine the Company with Explor Resources Inc. on a 46/54 (Pure Nickel/Explor Resource)...
2019-11-29 4:00 PM EST
Drill Program Commences on Neal Property - a Pure Nickel Project in Partnership with Eric Sprott
Toronto, Ontario--(Newsfile Corp. - November 12, 2019) - November 12, 2019. Pure Nickel Inc. (TSXV: NIC) (the "Company" or "Pure Nickel") announces that drilling has commenced on its Neal Gold Project located 27 kilometers southeast of Boise, Idaho. The program consists of approximately 1,000 meters of reverse circulation drilling and is designed to target unmined quartz-gold vein structures down-dip and on strike of known historic mines and mineralized structures. Results from this initial...
2019-11-12 7:45 AM EST