News & Videos - GALLEON GOLD CORP. PNCKF - English

Toronto, Ontario--(Newsfile Corp. - December 30, 2019) - Galleon Gold Corp. (TSXV: GGO) (the "Company" or "Galleon Gold") announces it has closed a flow-through private placement ("Financing") of 12,500,000 flow-through units ("Unit") at a price of $0.08 per Unit for gross proceeds of $1,000,000. Each Unit consists of one flow-through common share ("Flow-Through Common Share") and one-half of one common share purchase warrant ("Warrant"), each whole Warrant entitling the holder to purchase one...

Toronto, Ontario--(Newsfile Corp. - December 23, 2019) - Galleon Gold Corp. (TSXV: GGO) (the "Company" or "Galleon Gold") is pleased to announce that it has completed its previously announced three-cornered amalgamation (the "Amalgamation") with Explor Resources Inc. ("Explor Resources"). In connection with the Amalgamation Galleon Gold has issued 95,198,612 common shares of Galleon Gold in exchange for all of the issued and outstanding shares of Explor Resources. President and CEO, Mr. R. David...

Toronto, Ontario--(Newsfile Corp. - December 18, 2019) - Pure Nickel Inc. (TSXV: NIC) (the "Company" or "Pure Nickel") is pleased to announce that it has changed its name from "Pure Nickel Inc." to "Galleon Gold Corp." pursuant to the provisions of the Canada Business Corporations Act . The name change was approved by shareholders at the Company's annual and special meeting of shareholders held on December 11, 2019 and is effective as of December 18, 2019. The Company anticipates that it will...

Toronto, Ontario--(Newsfile Corp. - December 16, 2019) - Pure Nickel Inc. (TSXV: NIC) (the "Company" or "Pure Nickel") announces it intends to complete a flow through private placement ("Financing") of up to 25,000,000 units ("Unit") at a price of $0.08 per Unit for gross proceeds of up to $2,000,000. Each Unit consists of one common share ("Common Share") and one-half of one Common Share purchase warrant ("Warrant"), each Warrant entitling the holder to purchase one additional Common Share at...

Toronto, Ontario--(Newsfile Corp. - November 29, 2019) - Pure Nickel Inc. (TSXV: NIC) (the "Company" or "Pure Nickel") is pleased to provide an update regarding its upcoming Annual and Special Meeting of the Shareholders ("AGM") which has been scheduled December 11, 2019. At the AGM, shareholders will be asked to approve a number of items of special business including: The approval of the transaction to combine the Company with Explor Resources Inc. on a 46/54 (Pure Nickel/Explor Resource)...

Toronto, Ontario--(Newsfile Corp. - November 12, 2019) - November 12, 2019. Pure Nickel Inc. (TSXV: NIC) (the "Company" or "Pure Nickel") announces that drilling has commenced on its Neal Gold Project located 27 kilometers southeast of Boise, Idaho. The program consists of approximately 1,000 meters of reverse circulation drilling and is designed to target unmined quartz-gold vein structures down-dip and on strike of known historic mines and mineralized structures. Results from this initial...

Toronto, Ontario--(Newsfile Corp. - November 4, 2019) - Pure Nickel Inc. (TSXV: NIC) (the "Company" or "Pure Nickel") announces the appointment of Mr. James T. O'Neil Jr. to the Board of Directors of the Company. Mr. O'Neil is a senior executive with 45 years of experience in the metal mining and processing industry. He has held senior executive positions with major international mining companies Grupo Mexico, ASARCO, and Southern Copper Corporation. Mr. O'Neil has served on the board of...

Toronto, Ontario--(Newsfile Corp. - October 24, 2019) - Pure Nickel Inc. (TSXV: NIC) (the "Company" or "Pure Nickel") announces that it has closed a financing (the "Financing") of unsecured convertible debentures ("Debentures") in the amount of $300,000. The Debentures have a term of one year, bear interest at a rate of 8% per annum, and are convertible into common shares at a price of $0.05 per share. The Financing consisted of 300 units at a price of $1,000 per unit (the "Units"), each Unit...

Toronto, Ontario--(Newsfile Corp. - September 24, 2019) - Pure Nickel Inc. (TSXV: NIC) (the "Company" or "Pure Nickel") announces that it has completed a non-brokered private placement ("Financing") of 2,000,000 units ("Unit") at a price of $0.05 per Unit for gross proceeds of $100,000. Each Unit consists of one common share ("Common Share") and one-half of one Common Share purchase warrant ("Warrant"), each Warrant entitling the holder to purchase one additional Common Share at an exercise...

Toronto, Ontario--(Newsfile Corp. - September 11, 2019) - Pure Nickel Inc. (TSXV: NIC) (the "Company" or "Pure Nickel") announces that it plans to raise up to $500,000 in a non-brokered private placement financing (the "Offering"). The Offering consists of up to 10,000,000 units (the "Units") at a price of $0.05 per Unit for gross proceeds of $500,000. Each Unit consists of one common share ("Common Share") and one-half of one Common Share purchase warrant ("Warrant"), each Warrant entitling the...

Toronto, Ontario--(Newsfile Corp. - September 5, 2019) - Pure Nickel Inc. (TSXV: NIC) (the "Company" or "Pure Nickel") is pleased to announce that it has closed its previously announced transaction with Eric Sprott, through 2176423 Ontario Ltd., a corporation that is beneficially owned by him, pursuant to which Pure Nickel has issued to 2176423 Ontario Ltd. a Convertible Debenture ("Debenture") in the amount of $3,000,000. The Debenture has a term of two years and bears interest at a rate of 8%...

Toronto, Ontario--(Newsfile Corp. - August 22, 2019) - Pure Nickel Inc. (TSXV: NIC) (the "Company" or "Pure Nickel") is pleased to announce that Eric Sprott, through 2176423 Ontario Ltd. (a corporation beneficially owned by him), has entered into an investment agreement with the Company pursuant to which Mr. Sprott has agreed to subscribe for a convertible debenture of the Company in the principal amount of $3,000,000, subject to certain terms and conditions (the "Debenture"). The Debenture will...

Toronto, Ontario--(Newsfile Corp. - July 22, 2019) - Pure Nickel Inc. (TSXV: NIC) (the "Company" or "Pure Nickel") announces that it has completed the final tranche of a non-brokered private placement ("Financing"). Upon closing of the final tranche of the Financing, the Company issued 500,000 units ("Unit") at a price of $0.05 per Unit for gross proceeds of $25,000. Each Unit consists of one common share ("Common Share") and one-half of one Common Share purchase warrant ("Warrant"), each...

Toronto, Ontario--(Newsfile Corp. - July 4, 2019) - Pure Nickel Inc. (TSXV: NIC) (the "Company" or "Pure Nickel") announces it has agreed to settle an aggregate amount of $74,670 for services and expenses rendered to the Company (the "Debt Settlement") to be settled by the issuance of 1,493,400 common shares at a deemed issue price of $0.05 per share. The transaction is being undertaken by the Company in order to conserve working capital. The securities issued pursuant to the Debt Settlement...

Toronto, Ontario--(Newsfile Corp. - June 17, 2019) - Pure Nickel Inc. (TSXV: NIC) (the "Company" or "Pure Nickel") announces that it has completed a non-brokered private placement ("Financing") of 2,333,333 units ("Unit") at a price of $0.05 per Unit for gross proceeds of $116,667. Each Unit consists of one common share ("Common Share") and one-half of one Common Share purchase warrant ("Warrant"), each Warrant entitling the holder to purchase one additional Common Share at an exercise price of...

Toronto, Ontario--(Newsfile Corp. - May 30, 2019) - Pure Nickel Inc. (TSXV: NIC) (the "Company" or "Pure Nickel") announces that it has filed a Technical Report, as defined by National Instrument 43-101 Standards of Disclosure for Mineral Projects of the Canadian Securities Administrators, for the Neal Project ("Neal"). The Company is Eric Sprott's 51% partner in the Neal Development Limited Partnership ("Neal LP") which holds a lease to operate Neal (see Pure Nickel press release dated April...

Toronto, Ontario--(Newsfile Corp. - May 13, 2019) - Eric Sprott announces that on May 13, 2019, through 2176423 Ontario Ltd. (a corporation beneficially owned by him), acquired 10,221,732 common shares (" Shares ") of Pure Nickel Inc. (" Acquisition ") representing approximately 13.0% of the outstanding Shares on a non-diluted basis. The consideration for the Shares was 102 units of the Neal Development Limited Partnership (" Neal LP "), valued at approximately $0.02 per Share for total...

Toronto, Ontario--(Newsfile Corp. - May 13, 2019) - Pure Nickel Inc. (TSXV: NIC) (the "Company" or "Pure Nickel") is pleased to announce that it has closed the previously announced transaction with a company controlled by Eric Sprott ("Sprott Mining") to become the 51% operating and controlling partner in the Neal Development Limited Partnership ("Neal LP") which holds a lease to operate the Neal Project (see Pure Nickel press release dated April 30, 2019). Pursuant to terms of the Agreement...

Toronto, Ontario--(Newsfile Corp. - May 6, 2019) - Pure Nickel Inc. (TSXV: NIC) (the "Company" or "Pure Nickel") announces that it has commenced work on generating a National Instrument 43-101 - Standards of Disclosure for Mineral Projects ("NI 43-101") Technical Report (the "Technical Report") for the Neal Project. The Company is Eric Sprott's 51% partner in the Neal Development Limited Partnership ("Neal LP") which holds a lease to operate the Neal Project (see Pure Nickel press release dated...

Toronto, Ontario--(Newsfile Corp. - April 30, 2019) - Pure Nickel Inc. (TSXV: NIC) (the "Company" or "Pure Nickel") announces that it has signed an Agreement (the "Agreement") with 2176423 Ontario Ltd., a company controlled by Eric Sprott ("Sprott Mining") outlining the arm's length terms for the acquisition by the Company of an initial 51% of the Neal Development Limited Partnership ("Neal LP") from Sprott Mining together with an option to acquire an additional 27% of the Neal LP and 7...