Galleon Gold Corp. is pleased to announce that it has closed a second and final tranche of a non-brokered private placement offering of convertible debenture units at a price of $1,000 per Debenture Unit. The second tranche consists of 1,968 Debenture Units for proceeds of C$1,968,000. Aggregate gross proceeds from the first tranche and together [...]
Galleon Gold Corp. is pleased to announce that the non-brokered private placement of convertible debentures disclosed on April 12, 2024 is fully subscribed. The Company expects to close the second and final tranche of the Financing on or around April 19, 2024. Due to additional interest in the Financing, the Company announces that it has initiated [...]
Galleon Gold Corp. is pleased to announce that it has closed a first tranche of a non-brokered private placement offering of convertible debenture units at a price of $1,000 per Debenture Unit for gross proceeds of C$1,032,000 . The first tranche consists of the sale of 1,032 Debenture Units. The Offering Each Debenture Unit consists of $1,000 in [...]
Galleon Gold Corp. is pleased to announce excellent results from recent metallurgical test work performed on a composite sample representative of the material to be mined from the Company's planned 86,500 tonne exploration bulk sample. The Study was undertaken to evaluate gold recoveries from flotation and gravity-flotation methods. In contrast [...]
Galleon Gold Corp. is pleased to announce it has received a new Exploration Drilling Permit from the Ontario Ministry of Mines, Mineral Development Branch for its 100% owned West Cache Gold Project in Timmins, Ontario. From 2020 to 2023, under the old permit, the Company completed 227 drill holes for a total of 50,885 meters. This new permit [...]
Galleon Gold Corp. is pleased to announce that, subject to regulatory approval, it has engaged the services of ICP Securities Inc. to provide automated market making services, including use of its proprietary algorithm, ICP Premium™, in compliance with the policies and guidelines of the TSX Venture Exchange and other applicable legislation [...]
West Cache Gold Project Moves Towards Bulk Sample Program Galleon Gold Corp. is pleased to outline its plans for 2024 as the Company embarks upon its advanced exploration activities at its flagship West Cache Gold Project in Timmins, Ontario . Comment from CEO David Russell, President and CEO of Galleon Gold commented, "From a capital markets [...]
Galleon Gold Corp. is pleased to announce that it has closed a non-brokered private placement for aggregate gross proceeds of C$275,000 through the issuance of 1,833,333 flow-through units at a price of C$0.15 per FT Unit . Each FT Unit consists of one common share of the Company and one-half of one common share purchase warrant , each issued as a [...]
Galleon Gold Corp. is pleased to announce it has commenced the formal process of permitting with the Ontario Ministry of Mines for the 100% owned West Cache Gold Project, Timmins, Ontario . Today, the Company submitted the Notice of Project Status - Form 1 - Mining Act providing notice that the Project is moving from exploration to advanced [...]
Eric Sprott announces that, on October 14, 2023, 1,500,000 common share purchase warrants of Galleon Gold Corp., expired unexercised representing a decrease in holdings of approximately 2.1% of the outstanding common shares on a partially diluted basis since the date of the last early warning report. Prior to the expiry of these Warrants, Mr [...]
Galleon Gold Corp. is pleased to provide an update on its development plans for its 100% owned West Cache Gold Project, Timmins, Ontario . Comment from CEO David Russell, President and CEO of Galleon Gold, commented, "We are entering the final stretch for completion of the detailed engineering design and documentation required for submission of our [...]
Galleon Gold Corp. is pleased to announce that it has entered into a purchase agreement with Daisy Mining & Land LLP to acquire seven patented lode claims in Idaho, with five of those claims forming the nucleus of the Neal Gold Project. To facilitate the transaction, the Company has formed a new Idaho company, Golden Trove, LLC which will make 5 [...]