Galleon Gold Corp. is pleased to announce that it has reached agreement with debenture holders for the early retirement of the outstanding C$945,212 8% convertible debentures due July 3, 2020 and the C$1,300,000 8% convertible debentures due November 28, 2020 . Under terms of the Agreement, the Company will settle the outstanding principal and accrued interest plus interest payable to maturity through the delivery of [...]
Galleon Gold Corp. is pleased to announce that it has closed a first tranche of its previously announced non-brokered private placement for aggregate gross proceeds of C$3,196,440 of 32,640,100 units of the Company at a price of C$0.05 per Unit and 28,444,277 flow-through units at a price of C$0.055 per FT Unit . Each Unit consists of one common share in the capital of the Company and one-half of one common share purchase [...]
Galleon Gold Corp. is pleased to announce that it is increasing the size of its previously announced non-brokered private placement offering up to gross proceeds of C$4.0 million The Offering consists of a combination of units at a price of C$0.05 per Unit and flow-through units at a price of C$0.055 per FT Unit. Each Unit will consist of one common share in the capital of the Company and one-half of one common share [...]
Galleon Gold Corp. is pleased to announce an update to its C$3.0 million financing previously announced on April 28, 2020 . The Company has received interest from Eric Sprott to subscribe for 20,000,000 units . In addition, the Company is amending the terms to the flow-through portion of the Offering to flow-through Units . The FT Units are being offered at C$0.055 per unit with each FT Unit now being comprised of one [...]
Galleon Gold Corp. is providing an update on the status of its interim financial statements, accompanying management discussion & analysis and related officer certifications for the period ended February 29, 2020. On March 23, 2020, the Canadian Securities Administrators announced that they will provide issuers with temporary blanket relief, which provides a 45-day filing extension for certain filings required on or [...]
Galleon Gold Corp. is pleased to announce a non-brokered private placement of up to C$3.0 million through the issuance of a combination of units at a price of C$0.05 per Unit and flow-through common shares at a price of C$0.06 per FT Share . Red Cloud Securities is acting as a finder in connection with the Offering. Each Unit will consist of one common share in the capital of the Company and one-half of one common share [...]
Galleon Gold Corp. provides a corporate update in connection with the Company's filing of its year-ended 2019 financial statements and recent market volatility. The Company recognizes that the recent COVID-19 pandemic has presented many challenges to its shareholders, employees and service providers. Galleon Gold reports it is well positioned to weather the next several months and, pending the lifting of travel and work [...]
Galleon Gold Corp. announces that it has closed the previously announced debt settlement agreement for an aggregate amount of $70,000 for interest earned on a Convertible Debenture. The Debt Settlement was settled by the issuance of 1,000,000 common shares at a deemed price of $0.07 per share. The securities issued pursuant to the Debt Settlement will be subject to a four-month hold period commencing on the date of [...]
Galleon Gold Corp. will be exhibiting at PDAC 2020, the Company invites investors and shareholders to visit booth #3302 at the Investor Exchange in the south building of the Metro Toronto Convention Center from March 1 to March 4, 2020. Company representatives will be on hand to discuss our flagship West Cache Gold project located 13km west of Timmins, Ontario. The Company also wishes to provide an update on the [...]
Galleon Gold Corp. announces that it has agreed to settle an aggregate amount of $70,000 for interest earned on a Convertible Debenture . The Debt Settlement will be settled by the issuance of 1,000,000 common shares at a deemed price of $0.07 per share. The securities issued pursuant to the Debt Settlement will be subject to a four-month hold period commencing on the date of issuance. Completion of the Debt Settlement is [...]
January 22, 2019. Galleon Gold Corp. announces that it has closed its previously announced debt settlement agreement . Eric Sprott, through 2176423 Ontario Ltd., a corporation that is beneficially owned by him, agreed to settle an aggregate amount of $82,177 for interest earned on a Galleon Gold Debenture . The Debt Settlement was settled by the issuance of 1,027,218 common shares at a deemed price of $0.08 per share. The [...]
Galleon Gold Corp. announces that Eric Sprott, through 2176423 Ontario Ltd., a corporation that is beneficially owned by him, has agreed to settle an aggregate amount of $82,177 for interest earned on a Galleon Gold Debenture . The Debt Settlement will be settled by the issuance of 1,027,218 common shares at a deemed price of $0.08 per share. The securities issued pursuant to the Debt Settlement will be subject to a [...]
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