Galway Metals Inc. , is pleased to report that in connection with its previously announced best efforts private placement offering, the Company and a syndicate of underwriters led by Paradigm Capital Inc. , and including Laurentian Bank Securities Inc. , have agreed to increase the size of the offering to total gross proceeds of $17.35 million. The Company will now issue up to 17,877,300 common shares of the Company that [...]
Galway Metals Inc. , is pleased to announce that it has entered into an agreement with Paradigm Capital Inc. on behalf of a syndicate of agents, including Laurentian Bank Securities Inc. , in connection with a proposed best efforts private placement financing for total proceeds of up to $12.25 million, consisting of up to 11,417,400 common shares of the Company that qualify as charity "flow-through shares" of the Income [...]
Galway Metals Inc. is pleased to report assay results from drilling on the western-most section of the Richard Zone at the Company's Clarence Stream project in southwest New Brunswick, Canada . These are located 76m and 34m above the previously reported intersection of 2.4 g/t Au over 30.0m, and 178m west and along the same vein as the previously reported intersection of 10.6 g/t Au over 47.0m. The latest results are [...]
Galway Metals Inc. is pleased to announce that it has awarded 1.3 million incentive stock options exercisable at C$0.415 per common share and expiring on May 21, 2030, to officers, directors, employees and consultants of the Company. This grant of options is in compliance with terms of the Company's Stock Option Plan and remains subject to acceptance by the TSX Venture Exchange. About the Company Galway Metals is well [...]
Galway Metals Inc. is pleased to report assay results from resource drilling at the Richard Zone, and additional assay results from previous step-out holes 78 and 93, located between the Richard and Jubilee Zones, at the Company's Clarence Stream project in southwest New Brunswick, Canada . Highlights are as follows: Hole 84: intersected 4.6 g/t Au over 13.0m. This intersection is located 92m down-plunge and west of, and [...]
Galway Metals Inc. is pleased to report significant new drill results from 2 holes at its George Murphy Zone at the Clarence Stream Gold Project in SW New Brunswick. An additional ~5,000m of drilling in the GMZ and Richard Zones have assays pending. 6.5 g/t Au over 14.05m, 9.7 g/t Au over 2.0m, 1.2 g/t Au over 11.0m, 4.9 g/t Au over 2.35m, and 1.3 g/t Au over 3.95m in hole 88 at the GMZ - extending the zone by 230m to the [...]
Galway Metals Inc. is pleased to provide a corporate update. Galway considers the health and safety of its personnel, customers, suppliers, and the communities in which it operates to be a top priority. Galway's management team is closely monitoring the public health crisis associated with the COVID-19 pandemic and has implemented precautionary health and safety measures and controls across its operations, based on the [...]
Galway Metals Inc. is pleased to report assay results from drilling south of the Richard Zone in that area, and between the Richard and Jubilee Zones at the Company's Clarence Stream project in southwest New Brunswick, Canada . The latest results are highlighted by the following 3 drill holes: Hole 87 intersected 10.6 g/t Au over 47.0m, plus 1.2 g/t Au over 32.0m. The two intervals in hole 87 line up well, and between [...]
Galway Metals Inc. is pleased to report significant new drill results from its George Murphy Zone at the Clarence Stream Gold Project in SW New Brunswick. 6.3 grams per tonne Au over 30.0 metres , and 3.5 g/t Au over 23.3m, and visible gold where assays are pending in a third drill hole along one structure, and 6.5 g/t Au over 7.35m along another structure, all at the GMZ . Exploration drilling intersected visible gold [...]
Galway Metals Inc. is pleased to announce that it has made three new appointments to the Company's Technical Advisory Board, which increases membership to five. The new members include Mr. Phil Walford, P. Geo, Mr. David Rhys, P. Geo and Mr. Harold Gibson, PhD., P. Geo. They will join our existing advisors, Mr. Duncan Middlemiss, Mining Engineer, and Debbie Laney, Metallurgical Engineer. "We are delighted to have these [...]
Galway Metals Inc. is pleased to announce that Robert Hinchcliffe, President, Chief Executive Officer and Director of the Company has acquired, through a series of transactions conducted through the facilities of the TSX Venture Exchange, an aggregate 1,557,900 common shares of the Company during 2019 and 2020, including 418,500 since the new year began. As a result of the forgoing acquisitions, Mr. Hinchcliffe now owns a [...]
Galway Metals Inc. is pleased to announce that, in connection with its previously announced non-brokered private placement , it is increasing the size of the Offering to an aggregate of $2,879,782 and it is closing the second and final tranche of the Offering. The Offering is comprised of the sale of flow-through shares at a price of $0.34 per FT Share and hard-dollar common shares at a price of $0.30 per HD Share. The [...]
