Galleon Gold Corp. is pleased to announce that it has engaged Harbor Access LLC to perform external "investor relations activities", as defined in accordance with the policies of the TSX Venture Exchange , subject to TSXV approval. The initial term of the contract is for six months, and month to month thereafter. In consideration for the services the Company will pay Harbor Access US$7,000 monthly and reasonable out of [...]
Galleon Gold Corp. is pleased to announce the closing of the previously announced "best efforts" brokered private placement for gross proceeds of C$3,500,000 from the sale of 2,462,437 units of the Company at a price of C$0.50 per Unit, 3,306,821 flow-through units of the Company at a price of C$0.55 per FT Unit and 642,900 FT Units to be sold to charitable purchasers at a price of C$0.70 per Charity FT Unit. The Offering [...]
Galleon Gold Corp. is pleased to announce it has entered into an agreement to acquire 129 mineral claims totaling 2,760 hectares contiguous to the Company's existing property position at its West Cache Gold Project in Timmins, Ontario. The addition of the Mineral Claims located in Price Township adds to the Company's land position 13 kilometers west of Timmins and expands the total claim package to 10,350 hectares. Figure [...]
Galleon Gold Corp. is pleased to announce that further to its news release dated January 12, 2022, the Company has filed on SEDAR a Technical Report detailing the Preliminary Economic Assessment and updated Mineral Resource Estimate for the West Cache Gold Project, Timmins, Ontario. The PEA was prepared in accordance with National Instrument 43-101 by P&E Mining Consultants Inc. of Brampton, Ontario, Canada with an [...]
Galleon Gold is pleased to announce that further to its news release dated February 9, 2022, the TSXV has approved the consolidation of the Company's issued and outstanding common shares on a basis of one post-consolidation Common Share for every ten pre-consolidation Common Shares. Effective at the opening of the market on February 24, 2022, the Common Shares will start trading on the TSX Venture Exchange on a [...]
Galleon Gold Corp. is pleased to announce that it has entered into an agreement with Red Cloud Securities to act as sole agent and bookrunner in connection with a best efforts private placement for gross proceeds of up to C$5,000,000 and its intention to complete a consolidation of its issued and outstanding common shares immediately prior to the closing of the Offering on the basis of ten existing common shares for one [...]
Galleon Gold is pleased to announce it has entered into an agreement to acquire 91 mineral claims and 12 patent claims totaling 1,470 ha contiguous to the Company's existing property position at its West Cache Gold Project in Timmins Ontario. The addition of the Mineral Claims consolidates the Company's land position 13 kilometers West of Timmins and expands the total claim package to 7,540 hectares. Figure 1 provides the [...]
Galleon Gold Corp. is pleased to announce the positive results of an independent maiden Preliminary Economic Assessment , including an updated Mineral Resource Estimate prepared in accordance with National Instrument 43-101 - Standards of Disclosure for Mineral Projects for its West Cache Gold Project , Timmins Ontario. The PEA considers an underground mine utilizing Toll Processing for treatment of mineralized material [...]
Galleon Gold Corp. provides the following corporate and project update on its West Cache Gold Project , Timmins Ontario. West Cache Gold Project - Granted Land Lease Status The Company is very pleased to report that the survey plan for converting the West Cache Gold Project mining claims to land lease status has been approved by the Ministry of Northern Development and Mines and is being submitted to the Land Registry [...]
Galleon Gold Corp. announces that, pursuant to the Company's stock option plan, a total of 2,000,000 stock options have been granted to a Consultant of the Company at a price of $0.06. The options vest over the next 24 months and will expire on December 1, 2026. About Galleon Gold Galleon Gold is a North American exploration and development company. Eric Sprott holds approximately 23% of the Company's outstanding common [...]
Galleon Gold Corp. is pleased to announce assay results from the Company's ongoing re-evaluation of historic core at its 100% owned West Cache Gold Project, Timmins, Ontario . This re-evaluation includes selective re-logging and assaying of previously un-sampled core from the 2009-2017 drill programs. Results from this work will provide additional data and support for the gold system currently being evaluated in support [...]
Galleon Gold Corp. announces that, pursuant to the Company's stock option plan, a total of 400,000 stock options have been granted to the Company's recently appointed Chief Operating Officer. The stock options are priced at $0.065, vested immediately and expire on October 29, 2026. About Galleon Gold Galleon Gold is a North American exploration and development company. Eric Sprott holds approximately 23% of the Company's [...]
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