Galleon Gold Corp. 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 lifting of travel and work [...]
Galleon Gold Corp. announces that it has closed the previously announced debt settlement agreement 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 to the Debt Settlement will be subject to a four-month hold period commencing on the date of [...]
Galleon Gold Corp. 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 provide an update on the [...]
Galleon Gold Corp. announces that it has agreed to settle an aggregate amount of $70,000 for interest earned on a Convertible Debenture . 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 date of issuance. Completion of the Debt Settlement is [...]
January 22, 2019. Galleon Gold Corp. announces that it has closed its previously announced debt settlement agreement . 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 was settled by the issuance of 1,027,218 common shares at a deemed price of $0.08 per share. The [...]
Galleon Gold Corp. 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 will be settled by the issuance of 1,027,218 common shares at a deemed price of $0.08 per share. The securities issued pursuant to the Debt Settlement will be subject to a [...]
Galleon Gold Corp. 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 in the amount of $3,000,000. The Debenture is convertible into common shares at a price of $0.05 per share for a total of 60,000,000 common shares. Galleon Gold shareholders voted to approve Mr. Sprott as a "Control Person" of [...]
Galleon Gold Corp. announces it has closed a flow-through private placement of 12,500,000 flow-through units at a price of $0.08 per Unit for gross proceeds of $1,000,000. Each Unit consists of one flow-through common share and one-half of one common share purchase warrant , each whole Warrant entitling the holder to purchase one additional common share at an exercise price of $0.12 for a period of two years ending [...]
Galleon Gold Corp. is pleased to announce that it has completed its previously announced three-cornered amalgamation with Explor Resources Inc. . 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. David Russell commented, "We are very pleased to be finishing 2019 on this [...]
Pure Nickel Inc. 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 begin trading under its new [...]
Pure Nickel Inc. announces it intends to complete a flow through private placement of up to 25,000,000 units at a price of $0.08 per Unit for gross proceeds of up to $2,000,000. Each Unit consists of one common share and one-half of one Common Share purchase warrant, each Warrant entitling the holder to purchase one additional Common Share at an exercise price of $0.12 for a period of two years after closing. All [...]
Pure Nickel Inc. is pleased to provide an update regarding its upcoming Annual and Special Meeting of the Shareholders 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 basis. The approval of the proposal to change the Company name to [...]
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