Montauk Metals Inc. announces that the Company received USD$504,000 from the Republic of Colombia as a costs award in conjunction with International Centre for Settlement of Investment Disputes Arbitral Tribunal ruling, as more fully detailed in the Company's press release dated June 10, 2024. The Company further announces that the Company repaid USD$235,135, inclusive of USD$35,135 of accrued interest, to Omni Bridgeway [...]
Montauk Metals Inc. announces that the International Centre for Settlement of Investment Disputes Arbitral Tribunal has ruled against the Company in connection with the arbitration proceedings the Company brought against the Republic of Colombia relating to the Company's claim that Colombia failed to compensate the Company for the losses with respect to the Company's Reina de Oro project incurred as a consequence of [...]
Montauk Metals Inc. is pleased to announce that it is been advanced US$200,000 pursuant to the loan and option agreement with Omni Bridgeway Canada Investments Ltd. , as previously announced in its news release on November 9, 2023. The Loan Amount was advanced to the Company in connection with the execution of promissory note by Montauk in favour of Omni . Background Montauk brought arbitration proceedings against the [...]
Montauk Metals Inc. is pleased to announce that it has secured litigation funding for its arbitration proceedings brought by the Company against the Republic of Colombia to enforce the Company's rights to compensation under the Canada-Colombia Free Trade Agreement , as previously described in its news releases of March 27, 2018, February 25, 2019, February 10, 2020, November 23, 2021, September 1, 2023 and October 5 [...]
Montauk Metals Inc. wishes to announce further updates on the ongoing arbitration brought by the Company against the Republic of Colombia to enforce the Company's rights to compensation under the Canada-Colombia Free Trade Agreement , as previously described in its news releases of March 27, 2018, February 25, 2019, February 10, 2020, November 23, 2021, and September 1, 2023. Additionally, the Company would also like to [...]
Montauk Metals announces that further to its news releases of March 27, 2018, Feb 25, 2019, Feb 10, 2020, and November 23, 2021, the arbitration brought by the Company against the Republic of Colombia to enforce the Company's rights to compensation under the Canada-Colombia Free Trade Agreement has been suspended pending a resolution of funding the costs of the arbitration panel. The Arbitration is being conducted in two [...]
Montauk Metals announces that Robert Hinchcliffe has resigned as President, Chief Executive Officer and director of the Company. Montauk thanks Mr. Hinchcliffe for his service to the Company in such roles and wishes him well in his future endeavours. Montauk will make further announcements, as appropriate, announcing Mr. Hinchcliffe's replacement or replacements as director, President and Chief Executive Officer. [...]
Galway Gold is pleased to announce that it has made an application to the TSX Venture Exchange to change the Company's name to "Montauk Metals Inc.". Pursuant to the Name Change, the Company's securities are expected trade on the TSXV under the ticker 'MTK'. The new CUSIP assigned to the Company's common shares following the Name Change will be 61217R101. The Name Change was authorized by the shareholders of the Company [...]
Galway Gold 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 4,162,798 shares for issuance as of the date of the Meeting. The Plan was amended to comply with the TSX Venture Exchange's new Policy 4.4 Security [...]
Further to its news release dated Feb 10, 2020, Galway Gold announces an update to the status of the Company's arbitration claim against the Republic of Colombia brought under the Canada-Colombia Free Trade Agreement to enforce Galway Gold's rights under the FTA, as well to provide an update on a similar claim filed by miner Eco Oro Minerals Corp. against Colombia, which is based on the same FTA and legislative changes [...]
Galway Gold is issuing this press release in response to a request by the Investment Industry Regulatory Organization of Canada to comment on recent trading activity of its stock. The Company announces that it is not aware of any material, undisclosed corporate developments and has no material change to report at this time. The Company will keep the market informed as required. For further information contact: Galway Gold[...]
Galway Gold Inc. is pleased to announce that Eduardo Gomez has agreed to join its Board of Directors. Mr. Gomez has over 25 years of international operating and consulting experience across multiple industries. He currently advises CEOs of middle market private equity backed technology companies on revenue growth strategies as a delivery leader at Sales Benchmark Index . Before joining SBI, Mr. Gomez was a VP & General [...]