Galleon Gold Corp. is pleased to announce that it has closed the second and final tranche of its non-brokered private placement offering of convertible debentures previously announced on July 2, 2025 and July 7, 2025. The Company has issued 20 convertible debentures for gross proceeds of $1,000,000. The total gross proceeds from the Offering is $7,500,000. The Offering The Debentures have a term of 36 months from the date [...]
Galleon Gold Corp. is pleased to announce that it has closed the first tranche of its non-brokered private placement offering of convertible debentures previously announced on July 2, 2025 and July 7, 2025. The Company has issued 130 convertible debentures for gross proceeds of $6,500,000. The remaining subscription of $1,000,000 is expected to close shortly. Comment from the CEO David Russell, CEO and President of [...]
Galleon Gold Corp. announces that, further to its press release of July 2, 2025, it has upsized its non-brokered private placement offering of unsecured convertible debentures and capped the offering to gross proceeds of C$7,500,000 . The Offering The Debentures will have a term of 36 months from the date of issuance, bear interest at a rate of 8.0% per annum payable in cash or Common Shares at the option of the investor [...]
Galleon Gold Corp. announces that it has initiated a non-brokered private placement offering of unsecured convertible debentures at a price of $50,000 per Debenture for gross proceeds of up to C$7,000,000 . Eric Sprott and management will be subscribing to the Offering. The Offering The Debentures will have a term of 36 months from the date of issuance, bear interest at a rate of 8.0% per annum payable in cash or Common [...]
Galleon Gold Corp. is pleased to announce that, all of the resolutions put forth at the Annual and Special Meeting of Shareholders held on May 27, 2025 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 Richard F. Nanna. Shareholders also approved [...]
Galleon Gold Corp. is pleased to announce that it has entered into an agreement with ETM UT Inc., a Delaware corporation, for the sale of a royalty the Company holds on the Milford Copper Property located in Utah, USA for a total of US$700,000. Comments from the CEO R. David Russell, President and CEO of Galleon Gold, commented, "We are very pleased to have reached an agreement to sell the Milford Royalty, which we have [...]
Galleon Gold Corp. is pleased to announce it has commenced surface site preparations for advanced exploration development at its 100% owned West Cache Gold Project in Timmins, Ontario . David Russell, President and CEO of Galleon Gold commented, "It is with great satisfaction that we announce the start of groundwork preparation and detailed planning for the West Cache Bulk Sample. We look forward to providing periodic [...]
Bulk Sample Program to Deliver Pre-feasibility Data and Derisk Mine Development Galleon Gold Corp. is pleased to announce a major advancement in the development of its 100%-owned West Cache Project in Timmins, Ontario . The Company has received formal approval from Ontario's Ministry of Energy and Mines to proceed with an advanced exploration bulk sample program at the Project. The approval of the closure plan is a key [...]
Galleon Gold Corp. is pleased to announce it has entered into an agreement to acquire 66 mineral claims totaling 1,409 hectares in Godfrey and Bristol Townships that are contiguous to the Company's West Cache Gold Project in Timmins, Ontario. The addition of the Mineral Claims will expand the Company's land position 13 kilometers West of Timmins and consolidate the contiguous claim block to a total of 11,570 hectares [...]
Galleon Gold Corp. is pleased to inform, that further to its news release dated February 10, 2024, it has now completed its submission of the West Cache Project Closure Plan, along with supporting documentation and the Financial Assurance of $1,390,978 to the Ministry of Mines . Mines has up to 45 days of receipt to accept the Closure Plan for filing. Option Grant The Company announces that pursuant to the Company' stock [...]
Bulk Sample Program to Deliver Pre-feasibility Data and Derisk Mine Development Galleon Gold Corp. is pleased to announce it has been issued a letter from the Ministry of 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 Closure Plan is a comprehensive document including a complete project description, construction and mining plans [...]
Galleon Gold Corp. reports that further to its news release of October 30, 2024, under the terms of the convertible debentures issued on April 12, 2024 , April 19, 2024 and April 29, 2024 it has satisfied its obligation to pay an aggregate of $163,742.47 interest accrued by issuing 564,796 common shares to the holders of the Convertible Debentures. The Common Shares to be issued in respect of the Interest Payment will be [...]
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