Galway Metals Inc.

Galway Metals Inc. , provides an update on personnel and corporate activities. Galway is pleased that Allan Moran has agreed to join the Company as a technical advisor. Galway would like to thank Larry Strauss, who has resigned as VP of Corporate Development but remains a Director of the Company. Metallurgical programs have been planned and are being executed for both the Clarence Stream and Estrades projects. "After [...]

Galway Metals Inc. , is pleased to announce that it has entered into an agreement with Paradigm Capital Inc. on behalf of a syndicate of agents , in connection with a best efforts private placement financing for total proceeds of up to $4 million, consisting of up to 6,666,700 common shares of the Company that qualify as "flow-through shares" of the Income Tax Act ) at a price of $0.60 per FT Share. The Agent will be paid [...]

Galway Metals Inc. ; is pleased to announce that at the Company's Annual General and Special meeting held on December 14, 2022, the shareholders of the Company adopted the Company's amended equity incentive plan which has a 10% rolling stock option component reserving an aggregate of 20,154,942 shares for issuance as of the date of the Meeting. Because the Company consolidated its common shares on the basis of one [...]

Galway Metals Inc. ; is pleased to report new drill results from the North Zone of its high grade, multi-million-ounce Clarence Stream Gold Project in SW New Brunswick, Canada. The new results expand on known gold mineralization outside the North Zone's pit shell boundaries in two key areas. The pit shells were defined in the N.I. 43-101 Resource Update titled "Technical Report on the Clarence Stream Mineral Resource [...]

Galway Metals Inc. is pleased to announce that it has received final approval from the TSX Venture Exchange to consolidate all of its common shares on the basis of one post-consolidation common share for every three pre-consolidation common shares . The common shares of the Company will commence trading on a post-Consolidation basis under the existing ticker symbol on January 27, 2023. There are currently 201,549,423 [...]

Galway Metals Inc. advises that, given prevailingly weak market conditions for exploration companies, it is temporarily suspending drilling activities at its flagship Clarence Stream gold project pending improved market and financing conditions. Management is taking this pro-active step to conserve capital while it reassesses findings in the Clarence Stream Mineral Resource Update reported on April 25, 2022, and it [...]

Galway Metals Inc. , is pleased to report drill results from an on-going drill program focussed immediately to the north of the newly upgraded Clarence Stream Mineral Resource. The new results expand two zones of mineralization located within a large triangular shaped area adjacent to, and within approximately 1km directly to the north of the SW Deposit . This is significant because it could add additional shallow [...]

Galway Metals Inc. is pleased to announce that it intends to settle the third of six payments due in consideration of an agreement previously announced on July 21, 2020 by the payment of $125,000 and the issuance of 925,926 common shares in the Capital of the Company at a deemed price equal to $0.405 per Share for a total deemed price of $375,000. Pursuant to the Agreement, the Company bought back a two percent net [...]

Galway Metals Inc. , is pleased to announce an update on recent insider purchases, through a series of transactions conducted through the facilities of the TSX Venture Exchange. Robert Hinchcliffe, President, CEO and Director, acquired an aggregate 1,074,500 common shares of the Company in the past 12 months including 350,000 this quarter. Michael Sutton, VP of Exploration and Director, acquired a total of 255,000 common [...]

Galway Metals Inc. , is pleased to announce that it has closed the previously announced bought deal private placement offering for aggregate gross proceeds of approximately $10.5 million consisting of the sale of 6,666,700 common shares of the Company that qualify as "flow-through shares" of the Income Tax Act ) at a price of $0.60 per FT Share, and 15,294,200 common shares of the Company at a price of $0.425 per Hard [...]