Galleon Gold Corp.

Pure Nickel Inc. is pleased to announce that Eric Sprott, through 2176423 Ontario Ltd., has entered into an investment agreement with the Company pursuant to which Mr. Sprott has agreed to subscribe for a convertible debenture of the Company in the principal amount of $3,000,000, subject to certain terms and conditions. The Debenture will have a term of two years and bear interest at a rate of 8% per annum, payable at [...]

Pure Nickel Inc. announces that it has completed the final tranche of a non-brokered private placement . Upon closing of the final tranche of the Financing, the Company issued 500,000 units at a price of $0.05 per Unit for gross proceeds of $25,000. Each Unit consists of one common share and one-half of one Common Share purchase warrant , each Warrant entitling the holder to purchase one additional Common Share at an [...]

Pure Nickel Inc. announces it has agreed to settle an aggregate amount of $74,670 for services and expenses rendered to the Company to be settled by the issuance of 1,493,400 common shares at a deemed issue price of $0.05 per share. The transaction is being undertaken by the Company in order to conserve working capital. The securities issued pursuant to the Debt Settlement will be subject to a four-month hold period [...]

Pure Nickel Inc. announces that it has completed a non-brokered private placement of 2,333,333 units at a price of $0.05 per Unit for gross proceeds of $116,667. Each Unit consists of one common share and one-half of one Common Share purchase warrant , each Warrant entitling the holder to purchase one additional Common Share at an exercise price of $0.12 for a period of two years after closing. All securities issued in [...]

Pure Nickel Inc. announces that it has filed a Technical Report, as defined by National Instrument 43-101 Standards of Disclosure for Mineral Projects of the Canadian Securities Administrators, for the Neal Project . The Company is Eric Sprott's 51% partner in the Neal Development Limited Partnership which holds a lease to operate Neal . The Neal mine area, located 27 kilometers southeast of Boise, Idaho, is a high-grade [...]

Eric Sprott announces that on May 13, 2019, through 2176423 Ontario Ltd. , acquired 10,221,732 common shares of Pure Nickel Inc. representing approximately 13.0% of the outstanding Shares on a non-diluted basis. The consideration for the Shares was 102 units of the Neal Development Limited Partnership , valued at approximately $0.02 per Share for total consideration of $204,434.64. Prior to the Acquisition, Mr. Sprott did [...]

Pure Nickel Inc. is pleased to announce that it has closed the previously announced transaction with a company controlled by Eric Sprott to become the 51% operating and controlling partner in the Neal Development Limited Partnership which holds a lease to operate the Neal Project . Pursuant to terms of the Agreement the Company issued to Sprott Mining 10,221,732 shares of Pure Nickel making Sprott Mining a significant [...]

Pure Nickel Inc. announces that it has commenced work on generating a National Instrument 43-101 - Standards of Disclosure for Mineral Projects Technical Report for the Neal Project. The Company is Eric Sprott's 51% partner in the Neal Development Limited Partnership which holds a lease to operate the Neal Project . The Neal Project, located 27 kilometers southeast of Bosie, Idaho, is a gold project comprised of 5 [...]

Pure Nickel Inc. announces that it has signed an Agreement with 2176423 Ontario Ltd., a company controlled by Eric Sprott outlining the arm's length terms for the acquisition by the Company of an initial 51% of the Neal Development Limited Partnership from Sprott Mining together with an option to acquire an additional 27% of the Neal LP and 7 unpatented mining claims. The Neal LP holds a lease to operate the Neal Project [...]

Pure Nickel Inc. announces that it has granted an aggregate of 4,600,000 stock options to certain management, directors, consultants and employees. The options have an exercise price of $0.05, a term of five years, vest immediately and are subject to the terms and conditions of the company's Stock Option Plan. About Pure Nickel Inc. Pure Nickel is a mineral exploration company with a focus on exploration projects in North [...]