Galileo Exploration Announces Appointment of Ronald A Rieder as CEO
Vancouver, British Columbia--(Newsfile Corp. - January 11, 2017) - Galileo Exploration Ltd. (TSXV: GXL) (the "Company") announces that the Board of Directors has appointed Mr. Ronald A. Rieder to the position of Chief Executive Officer of the Company. Mr. David Hottman has resigned as CEO to focus on other ventures and will remain as Chairman and a director of the Company. Mr. Ronald Rieder is the current President of Galileo Exploration and has over 30 years of corporate finance and business...
2017-01-11 9:40 AM EST
Galileo Petroleum Announces Name Change to Galileo Exploration Ltd.
Vancouver, British Columbia--(Newsfile Corp. - December 20, 2016) - Galileo Petroleum Ltd. (TSXV: GPL) (the "Company") is pleased to announce that the TSX-Venture Exchange has approved the Company's name change to "Galileo Exploration Ltd.", effective as of the opening of markets on December 20, 2016. In connection with the change of name, the Company will be changing its stock symbol to GXL. ON BEHALF OF GALILEO PETROLEUM LTD. "David Hottman" David Hottman CEO Neither the TSX Venture...
2016-12-20 3:38 PM EST
Galileo Petroleum Completes Private Placement
Vancouver, British Columbia--(Newsfile Corp. - August 23, 2016) - Galileo Petroleum Ltd. (TSXV: GPL) (the "Company") is pleased to announce that further to the Company's news release of July 14, 2016 that the Company has received TSX Venture Exchange approval and has closed the non-brokered private placement offering by issuing 2.66 million units in the capital of the company at an issue price of five cents per unit, for gross proceeds of $133,000. Each unit consisted of one common share in...
2016-08-23 6:37 PM EDT
Galileo Petroleum Announces Private Placement and Proposed Name Change
Vancouver, British Columbia--(Newsfile Corp. - July 14, 2016) - Galileo Petroleum Ltd. (TSXV: GPL) (the "Company") is pleased to announce a non-brokered private placement of up to $100,000. The private placement will consist of up to 2,000,000 units ("Units") at a price of $0.05 per Unit and is subject to regulatory approval. Each unit will consist of one common share of the Company and onehalf of a common share purchase warrant (a "Warrant"). Each whole Warrant will entitle the holder to...
2016-07-14 9:04 AM EDT
Galileo Petroleum Annual General Meeting
Vancouver, British Columbia--(Newsfile Corp. - July 6, 2016) - Galileo Petroleum Ltd. (TSXV: GPL) (FWB: P5HH) ("Galileo") will hold the Company's Annual General Meeting of Shareholders at 10:00 AM PST on Tuesday, September 20th, 2016 in Suite 410 - 325 Howe Street, Vancouver, British Columbia, Canada. ON BEHALF OF GALILEO PETROLEUM LTD. "David Hottman" David Hottman Chief Executive Officer Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the...
2016-07-06 5:28 PM EDT
Galileo Petroleum Corporate Update
Vancouver, British Columbia--(Newsfile Corp. - July 6, 2016) - Galileo Petroleum Ltd. (TSXV: GPL) (FWB: P5HH) ("Galileo") is pleased to provide the following corporate update. The Company will hold its Annual General Meeting of Shareholders on Tuesday, September 20th, 2016. The Company is currently reviewing several precious metals projects of merit for acquisition. It is management's view that pursuing business opportunities within the mining sector will benefit the Company by creating share...
2016-07-06 9:04 AM EDT
Galileo Petroleum Appoints Mr. Marc Blythe to the Board of Directors
Vancouver, British Columbia--(Newsfile Corp. - June 14, 2016) - Galileo Petroleum Ltd. (TSXV: GPL) (FWB: P5HH) ("Galileo") announces the appointment of Mr. Marc G. Blythe, P.Eng. to the Board of Directors. Mr. Blythe has extensive international mining and mineral exploration experience for gold, copper, silver, nickel and zinc. He holds a Master of Business Administration degree from La Trobe University in Melbourne and a Bachelor of Mining Engineering degree from the Western Australian...
2016-06-14 12:00 PM EDT
Galileo Petroleum Appoints Mr. Ronald Rieder as President
Vancouver, British Columbia--(Newsfile Corp. - December 1, 2015) - Galileo Petroleum Ltd. (TSXV: GPL) (the "Company") is pleased to announce that the Board of Directors has voted unanimously to appoint Mr. Ronald A. Rieder to the position of President of the Company. Mr. Rieder brings over 30 years of corporate finance and business experience to his new leadership position at Galileo. His primary objective is to develop and implement a comprehensive business plan for Galileo in the zeolite...
2015-12-01 9:25 AM EST
Galileo Petroleum Announces Two Private Placements
Vancouver, British Columbia--(Newsfile Corp. - November 16, 2015) - Galileo Petroleum Ltd. (TSXV: GPL) (the "Company") announces its intention to proceed with two non-brokered private placements. Private Placement One Under the private placement, the Company proposes to issue up to 2,000,000 common shares at a price of $0.05 per share for gross proceeds of up to $100,000. Private Placement Two Under the private placement, the Company proposes to issue up to 3,000,000 units ("Units") at a...
2015-11-16 4:00 PM EST
Galileo Completes Private Placement Financing
Vancouver, British Columbia--(Newsfile Corp. - November 6, 2015) - Galileo Petroleum Ltd. (TSXV: GPL) (FWB: P5HH) ("Galileo") or (the "Company") is pleased to announce that the non-brokered private placement, "Private Placement One", announced on September 4th has closed. The Company has issued 1,534,000 common shares at a price of $0.05 per share for gross proceeds of $76,700. Additionally the Company has, subject to the approval of the TSX Venture Exchange (the "Exchange"), closed $75,800...
2015-11-06 3:11 PM EST
Galileo Appoints Ron Rieder to Board of Directors
Vancouver, British Columbia--(Newsfile Corp. - November 5, 2015) - Galileo Petroleum Ltd. (TSXV: GPL) (FWB: P5HH) ("Galileo") announces the appointment of Mr. Ron Rieder to the Board of Directors. Mr. Rieder has 30 years of corporate finance and business experience. Recently he acted as the President and CEO for a Uranium exploration company assisting in the formation of a 4 company syndicate to explore over 700,000 acres of prospective land in the Athabasca Basin of Saskatchewan, Canada....
2015-11-05 5:37 PM EST
Galileo Outlines Green Tech Solution for US Cooling and Air Conditioning Market
Vancouver, British Columbia--(Newsfile Corp. - October 14, 2015) - Galileo Petroleum Ltd. (TSXV: GPL) (FWB: P5HH) ("Galileo") announces that the Company is moving forward with a business strategy developed by zeolite consultant Zeo Trade that would enable Galileo to offer a zeolite adsorption technology for heat powered cooling called ZeoCooler in North America. The technology could lead to the potential conversion of large segments of the North American cooling market. This energy saving...
2015-10-14 5:00 AM EDT
Galileo Engages Zeo Trade to Advance Green Tech Opportunities
Vancouver, British Columbia--(Newsfile Corp. - October 1, 2015) - Galileo Petroleum Ltd. (TSXV: GPL) ("Galileo") announces that its Board of Directors has engaged a consultant to investigate a new area of business focused on the use of the mineral zeolite in environmentally friendly products as outlined below in more detail. Galileo's oil and gas operations have been difficult with recent declines in the price of oil and, while Galileo still owns its oil and gas assets, management believes...
2015-10-01 3:30 AM EDT
Galileo Petroleum Completes Debt Settlement
Vancouver, British Columbia--(Newsfile Corp. - September 21, 2015) - Galileo Petroleum Ltd. (TSXV: GPL) (the "Company") announces that it has issued a total of 1,634,000 common shares of the Company at a deemed issue price of $0.05 per share to certain creditors of the Company in settlement for certain debts owed by the Company in the total amount of $81,700 (the "Shares for Debt Settlement"). The amounts settled under the Shares for Debt Settlement were all cash advances received from...
2015-09-21 4:30 PM EDT
Galileo Petroleum Announces Debt Settlement and Two Private Placements
Vancouver, British Columbia--(Newsfile Corp. - September 4, 2015) - Galileo Petroleum Ltd. (TSXV: GPL) (the "Company") announces the Company's plan to undertake a shares for debt settlement arrangement, and its intention to proceed with two non-brokered private placements. The Debt Settlement Agreement The Company intends to retire indebtedness in the aggregate amount of $81,700 to certain creditors of the Company, by issuing a total of 1,634,000 common shares of the Company at an issue price...
2015-09-04 2:30 PM EDT
Galileo Director Resigns
Vancouver, British Columbia--(Newsfile Corp. - May 4, 2015) - Galileo Petroleum Ltd. (TSXV: GPL) has accepted the resignation of Mr. Ron Rieder from the Company's Board of Directors. The Company would like to thank Mr. Rieder for his service to the Company and wish him well in future endeavours. ON BEHALF OF GALILEO PETROLEUM LTD. "David Hottman" David Hottman President Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX...
2015-05-04 5:46 PM EDT