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
Pure Nickel Announces Appointment of Director James T. O'Neil Jr.
Toronto, Ontario--(Newsfile Corp. - November 4, 2019) - Pure Nickel Inc. (TSXV: NIC) (the "Company" or "Pure Nickel") announces the appointment of Mr. James T. O'Neil Jr. to the Board of Directors of the Company. Mr. O'Neil is a senior executive with 45 years of experience in the metal mining and processing industry. He has held senior executive positions with major international mining companies Grupo Mexico, ASARCO, and Southern Copper Corporation. Mr. O'Neil has served on the board of...
2019-11-04 4:15 PM EST
Pure Nickel Closes Convertible Debenture Financing
Toronto, Ontario--(Newsfile Corp. - October 24, 2019) - Pure Nickel Inc. (TSXV: NIC) (the "Company" or "Pure Nickel") announces that it has closed a financing (the "Financing") of unsecured convertible debentures ("Debentures") in the amount of $300,000. The Debentures have a term of one year, bear interest at a rate of 8% per annum, and are convertible into common shares at a price of $0.05 per share. The Financing consisted of 300 units at a price of $1,000 per unit (the "Units"), each Unit...
2019-10-24 6:09 PM EDT
Pure Nickel Closes Private Placement of Units
Toronto, Ontario--(Newsfile Corp. - September 24, 2019) - Pure Nickel Inc. (TSXV: NIC) (the "Company" or "Pure Nickel") announces that it has completed a non-brokered private placement ("Financing") of 2,000,000 units ("Unit") at a price of $0.05 per Unit for gross proceeds of $100,000. 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 at an exercise...
2019-09-24 5:04 PM EDT
Pure Nickel Announces Proposed Private Placement of Units
Toronto, Ontario--(Newsfile Corp. - September 11, 2019) - Pure Nickel Inc. (TSXV: NIC) (the "Company" or "Pure Nickel") announces that it plans to raise up to $500,000 in a non-brokered private placement financing (the "Offering"). The Offering consists of up to 10,000,000 units (the "Units") at a price of $0.05 per Unit for gross proceeds of $500,000. Each Unit consists of one common share ("Common Share") and one-half of one Common Share purchase warrant ("Warrant"), each Warrant entitling...
2019-09-11 5:29 PM EDT
Pure Nickel Closes Three Million Dollar Convertible Debenture Financing with Eric Sprott
Toronto, Ontario--(Newsfile Corp. - September 5, 2019) - Pure Nickel Inc. (TSXV: NIC) (the "Company" or "Pure Nickel") is pleased to announce that it has closed its previously announced transaction with Eric Sprott, through 2176423 Ontario Ltd., a corporation that is beneficially owned by him, pursuant to which Pure Nickel has issued to 2176423 Ontario Ltd. a Convertible Debenture ("Debenture") in the amount of $3,000,000. The Debenture has a term of two years and bears interest at a rate of...
2019-09-05 2:48 PM EDT
Pure Nickel Announces the Entering into of an Investment Agreement with Eric Sprott for a Three Million Dollar Investment in Support of a Proposed Merger with Explor Resources
Toronto, Ontario--(Newsfile Corp. - August 22, 2019) - Pure Nickel Inc. (TSXV: NIC) (the "Company" or "Pure Nickel") is pleased to announce that Eric Sprott, through 2176423 Ontario Ltd. (a corporation beneficially owned by him), has entered into an investment agreement with the Company pursuant to which Mr. Sprott has agreed to subscribe for a convertible debenture of the Company in the principal amount of $3,000,000, subject to certain terms and conditions (the "Debenture"). The Debenture...
2019-08-22 2:45 PM EDT
Pure Nickel Closes Second and Final Tranche of Private Placement of Units
Toronto, Ontario--(Newsfile Corp. - July 22, 2019) - Pure Nickel Inc. (TSXV: NIC) (the "Company" or "Pure Nickel") announces that it has completed the final tranche of a non-brokered private placement ("Financing"). Upon closing of the final tranche of the Financing, the Company issued 500,000 units ("Unit") at a price of $0.05 per Unit for gross proceeds of $25,000. Each Unit consists of one common share ("Common Share") and one-half of one Common Share purchase warrant ("Warrant"), each...
2019-07-22 3:12 PM EDT
Pure Nickel Announces Shares for Debt Settlement
Toronto, Ontario--(Newsfile Corp. - July 4, 2019) - Pure Nickel Inc. (TSXV: NIC) (the "Company" or "Pure Nickel") announces it has agreed to settle an aggregate amount of $74,670 for services and expenses rendered to the Company (the "Debt Settlement") to be settled by the issuance of 1,493,400 common shares at a deemed issue price of $0.05 per share. The transaction is being undertaken by the Company in order to conserve working capital. The securities issued pursuant to the Debt Settlement...
2019-07-04 7:45 AM EDT
Pure Nickel Closes Private Placement of Units
Toronto, Ontario--(Newsfile Corp. - June 17, 2019) - Pure Nickel Inc. (TSXV: NIC) (the "Company" or "Pure Nickel") announces that it has completed a non-brokered private placement ("Financing") of 2,333,333 units ("Unit") at a price of $0.05 per Unit for gross proceeds of $116,667. 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 at an exercise price...
2019-06-17 9:59 AM EDT
Pure Nickel Files NI 43-101 Technical Report for the Neal Project
Toronto, Ontario--(Newsfile Corp. - May 30, 2019) - Pure Nickel Inc. (TSXV: NIC) (the "Company" or "Pure Nickel") announces that it has filed a Technical Report, as defined by National Instrument 43-101 Standards of Disclosure for Mineral Projects of the Canadian Securities Administrators, for the Neal Project ("Neal"). The Company is Eric Sprott's 51% partner in the Neal Development Limited Partnership ("Neal LP") which holds a lease to operate Neal (see Pure Nickel press release dated April...
2019-05-30 8:00 AM EDT
Pure Nickel Closes Transaction - Becomes Eric Sprott's 51% Partner on the Neal Project
Toronto, Ontario--(Newsfile Corp. - May 13, 2019) - Pure Nickel Inc. (TSXV: NIC) (the "Company" or "Pure Nickel") is pleased to announce that it has closed the previously announced transaction with a company controlled by Eric Sprott ("Sprott Mining") to become the 51% operating and controlling partner in the Neal Development Limited Partnership ("Neal LP") which holds a lease to operate the Neal Project (see Pure Nickel press release dated April 30, 2019). Pursuant to terms of the Agreement...
2019-05-13 8:34 AM EDT
Pure Nickel Commences NI 43-101 Technical Report for the Neal Project
Toronto, Ontario--(Newsfile Corp. - May 6, 2019) - Pure Nickel Inc. (TSXV: NIC) (the "Company" or "Pure Nickel") announces that it has commenced work on generating a National Instrument 43-101 - Standards of Disclosure for Mineral Projects ("NI 43-101") Technical Report (the "Technical Report") for the Neal Project. The Company is Eric Sprott's 51% partner in the Neal Development Limited Partnership ("Neal LP") which holds a lease to operate the Neal Project (see Pure Nickel press release...
2019-05-06 8:25 AM EDT