Galleon Gold Corp. announces that pursuant to the Company's stock option plan, a total of 4,530,000 stock options have been granted to directors, officers, employees and consultants of the Company. The options are exercisable into one common share of the Company at a price of $0.73, vest immediately and expire on December 8, 2030. About Galleon Gold The Company's strategy is to de-risk and advance the West Cache Gold [...]
Galleon Gold Corp. is pleased to announce that it has closed its previously announced equity financings, consisting of a non-brokered private placement with Pan American Silver Corp. and a "best efforts" private placement . Under the Offerings, the Company issued an aggregate of 50,000,000 units of the Company at a price of $0.60 per Unit for total gross proceeds of $30,000,000. Of this amount, 31,250,000 Units were [...]
Galleon Gold is pleased to announce it that in connection with its previously announced equity financings the Company and Pan American Silver have agreed to increase the size of the non-brokered private placement of units of the Company to Pan American to aggregate gross proceeds of $11,250,000, and the Company and Cormark Securities on behalf of a syndicate of Agents, have agreed to increase the size of the "best [...]
Galleon Gold Corp. is pleased to announce it has executed an indicative term sheet for a $46 million debt facility from Pan American Silver Corp. , agreed to issue and sell units of the Company at a price of $0.60 per Non-Brokered Unit to Pan American on a non-brokered private placement for proceeds of $10,250,000 , and entered into an agreement with Cormark Securities Inc., as lead agent and sole bookrunner, on behalf of [...]
Galleon Gold announces that further to its news release of Novr 17, 2025, 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 $132,224.38 interest accrued by issuing 202,635 common shares to the holders of the Convertible Debentures. The Common Shares to be issued in respect of the Interest Payment will be subject [...]
Galleon Gold announces that under the terms of the convertible debentures issued on April 12, 2024, April 19, 2024 and April 29, 2024 it has elected to satisfy its obligation to pay interest accrued by issuing common shares. Under the terms of the Convertible Debentures, no fractional Common Shares will be issued upon payment of the interest obligation. The Common Shares will be priced based on the greater of the Market [...]
Galleon Gold Corp. is pleased to announce it has entered into an agreement with a wholly-owned subsidiary of Newmont Corporation , to reacquire a 3% net smelter return royalty on the Company's West Cache Gold Project located in Timmins, Ontario. Pursuant to the Agreement, and subject to the Company raising sufficient funds to complete the transaction, the Company will initially exercise its existing right under the terms [...]
Galleon Gold Corp. is pleased to announce it has initiated a soil sampling program at its 100% owned West Cache Gold Project in Timmins, Ontario. The purpose of the program is to follow up on previous soil programs to further define potential drill targets on untested parts of the property. The Company anticipates collecting approximately 1,000 samples for MMITM analysis. MMITM is a method of soil geochemistry known to be [...]
Galleon Gold Corp. is pleased to announce that Pan American Silver Corp. has entered into a strategic investment agreement on a non-brokered private placement basis for an unsecured convertible debt financing for gross proceeds of C$8,000,000 . In connection with the Transaction, the Company also announces that it has entered into a memorandum of understanding with Lake Shore Gold Corp. , a wholly-owned subsidiary of Pan [...]
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 [...]
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