TORONTO, May 26, 2014 /CNW/ - Galway Metals Inc. (TSX-V: GWM) (the "Company") announces that it has recognized an impairment charge in respect of its Victorio Mountain Molybdenum-Tungsten Project in New Mexico, USA (the "Victorio Project"), as reflected in its audited consolidated financial statements for the year ended December 31, 2013, which are available under the Company's SEDAR profile at www.sedar.com. During the [...]
TORONTO, May 20, 2014 /CNW/ - Galway Metals Inc. (TSX-V: GWM) (the "Company") has been notified that a shareholder of the Company has submitted a request for a hearing and review by the British Columbia Securities Commission (the "BCSC") of the decision (the "Decision") of the TSX Venture Exchange to approve the Company's private placement (the "Financing") of units ("Units") that closed on April 16, 2014, as announced [...]
TORONTO, May 13, 2014 /CNW/ - Galway Metals Inc. (TSX-V: GWM) (the "Company") is pleased to announce that Larry Strauss and Michael Sutton have been officially engaged to act as technical advisors to the Company's board of directors. Messrs. Strauss and Sutton have extensive expertise in the gold industry and will continue to assist in identifying and assessing precious metal opportunities, primarily in the Americas [...]
TORONTO, April 29, 2014 /CNW/ - Galway Metals Inc. (TSX-V: GWM) (the "Company") is pleased to announce today that it has successfully re-negotiated the contract terms for its Victorio Molybdenum-Tungsten Project located in southwestern New Mexico. Under the renegotiated terms, the Company has reduced its annual option payment to the vendor down from US$200,000 to US$75,000 in 2014 and will also make payments of [...]
TORONTO, April 16, 2014 /CNW/ - Galway Metals Inc. (TSX-V: GWM) (the "Company") is pleased to announce that it has completed a non-brokered private placement financing (the "Financing"), as previously announced on March 31, 2014. The Financing consisted of the sale of 6,600,000 units (each, a "Unit") at a price of $0.10 per Unit, with each Unit consisting of one common share of the Company (each, a "Share") and one-half [...]
TORONTO, March 31, 2014 /CNW/ - Galway Metals Inc. (TSX-V: GWM) (the "Company") is pleased to announce that the Company is proceeding with a non-brokered private placement to raise up to C$660,000 through the issuance of up to 6,600,000 units at a price of C$0.10 per unit. All securities issued pursuant to the private placement will be subject to a statutory hold period of four months and one day. Each Unit consists of [...]
TORONTO, Jan. 31, 2014 /CNW/ - Galway Metals Inc. (TSX-V: GWM) (the "Company") is pleased to announce the approval and adoption by its board of directors (the "Board") of amendments to its by-laws to include advance notice provisions (the "Advance Notice Provision"), the purpose of which is to require advance notice to be provided to the Company in circumstances where nominations of persons for election to the Board are [...]
TORONTO, Dec. 4, 2013 /CNW/ - Galway Metals Inc. (TSX-V: GWM) ("Galway Metals" or the "Company") is pleased to announce that it has awarded 4.8 million incentive stock options exercisable at C$0.10 per common share and expiring on December 4, 2023, to officers, directors, employees and consultants of the Company. This is the first grant of options and is in compliance with terms of the Company's Stock Option Plan and [...]
CALGARY, Sept. 10, 2013 /CNW/ - Galway Metals Inc. (TSX-V: GWM) ("Galway") held its Special Meeting of shareholders on September 10, 2013 (the "Meeting"). At the Meeting, 98.22% of shareholders who attended in person or by proxy approved the consolidation of Galway's issued and outstanding shares on the basis of three (3) pre-consolidation shares for one (1) post-consolidation shares. Completion of the consolidation is [...]
Canada NewsWire CALGARY, Aug. 6, 2013 CALGARY, Aug. 6, 2013 /CNW/ - Galway Metals Inc. (TSX-V: GWM) ("Galway") announces the proposed consolidation of its issued and outstanding common shares on the basis of one (1) new common share for every three (3) existing common shares (the "Consolidation"), subject to shareholder and TSX Venture Exchange approval. The proposed amendment to the articles of Galway to allow for the [...]
Galway Metals is pleased to announce that effective January 4, 2013, Galway Metals' common shares will become listed and commence trading on the TSX Venture Exchange under the symbol "GWM". As previously disclosed on December 20, 2012, Galway Metals received conditional approval to list its common shares on the TSX-V in connection with a plan of arrangement (the "Arrangement") among formerly listed Galway Resources Ltd [...]