VANCOUVER, British Columbia, Aug. 30, 2017 (GLOBE NEWSWIRE) -- Galileo Exploration Ltd. (the “Company”) (TSX-V:GXL) announces that the Company has completed and filed a technical report titled “NI 43-101 Technical Report, Majuba Hill Copper Project, Pershing County, Nevada, USA” dated effective May 31, 2017 (the “Report”) prepared in accordance with National Instrument 43-101 Standards [...]
Galileo Exploration is pleased to announce that Durango Geophysical Operations of Durango, have been contracted to begin on August 11th, 2017, a 3 line, 3-kilometer IP chargeability study of the Majuba Hill Copper Project. The Company’s President and CEO, Ron Rieder comments - “Majuba is an exciting project, and we’re anxiously awaiting the beginning of the exploration process. Drill hole MMX-24 indicates an increase in [...]
Galileo Exploration is pleased to announce the TSX Venture Exchange has accepted for filing a mining lease and option to purchase agreement dated February 14, 2017 and as amended between March 27, 2017 and May 9, 2017 between Galileo Exploration Ltd and Majuba Hill LLC. As a part of this filing, the company was required to submit a 43-101 report on the Majuba. Alan Morris, of Nevada, USA was contracted to publish the [...]
VANCOUVER, B.C., June 13, 2017 (GLOBE NEWSWIRE) -- Galileo Exploration Ltd. (TSX-V:GXL) (the “Company”) has arranged a non-brokered private placement for gross proceeds of $500,000. The non-brokered private placement will consist of 4,000,000 units (“Units”) at a price of $0.125 per Unit, for gross proceeds of $500,000 (the “Private Placement”). Each Unit will consist of one common [...]
Galileo Exploration is pleased to announce the formation of an Advisory Board to assist in the assessment, exploration, development, and financial planning of the future success of the company. The company’s advisory board members are Mr. Gary Nordin of North Vancouver, B.C., Mr. Wes Adams of Denver, Colorado, and Mr. Victor Erickson, of Vancouver, B.C. CEO/President Ron Rieder comments “building a company for [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - May 12, 2017) - Galileo Exploration Ltd. (TSX VENTURE:GXL) (the "Company") announces that Mr. David N. Hottman has resigned as Chairman and Director of the Company as of May 11, 2017. Ronald A. Rieder, President & CEO commented that "David was one of the original founders of the Company and has been guiding the company for many years and the Board would like to thank him for his [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - April 11, 2017) - Galileo Exploration Ltd. (TSX VENTURE:GXL) (the "Company") is pleased to that its recently announced private placement of February 28th, 2017, has been fully subscribed to, and slightly increased and completed. The initial non-brokered private placement of up to five million units at a price of ten cents per unit, and the increase to 5,110,000 million units [...]
Vancouver, British Columbia--(Newsfile Corp. - February 27, 2017) - Galileo Exploration Ltd. (TSXV: GXL) (the "Company") is pleased to announce a non-brokered private placement (the "Private Placement") of up to $500,000. The private placement will consist of up to 5,000,000 units ("Units") at a price of $0.10 per Unit. Each Unit will consist of one common share of the Company ("Common Shares") and one Common Share [...]
Galileo Exploration is pleased to announce the signing of a Mining Lease and Option to Purchase Agreement covering a 100% interest in the Majuba Hill Project; an advanced stage copper/silver/gold porphyry. The Property is four (4) square miles in size and is located approximately twelve miles northwest of Rye Patch Gold's Florida Canyon Mine and thirty miles northwest of Coeur Mining's Rochester Mine. Both of these mines [...]
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 Petroleum 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 Exchange nor its Regulation Services [...]
Galileo Petroleum 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 the capital of the company [...]
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