Galleon

Galleon Gold Announces Sale of Non-Core Quebec Properties

Tuesday, May 4, 2021 - 12:30pm

b'Toronto, Ontario--(Newsfile Corp. - May 4, 2021) - Galleon Gold Corp. (TSXV: GGO) (the "Company" or "Galleon Gold") is pleased to announce it has entered into an agreement (the "Agreement") to sell its non-core Quebec properties (the "Properties") to a private company, Quebec Aur Ltd. ("Quebec Aur").

Key Points: 
  • b'Toronto, Ontario--(Newsfile Corp. - May 4, 2021) - Galleon Gold Corp. (TSXV: GGO) (the "Company" or "Galleon Gold") is pleased to announce it has entered into an agreement (the "Agreement") to sell its non-core Quebec properties (the "Properties") to a private company, Quebec Aur Ltd. ("Quebec Aur").
  • Pursuant to the terms of the Agreement, Quebec Aur has paid $250,000 and will issue to the Company 600,000 common shares of Quebec Aur (the "Quebec Aur Shares"), to obtain 100% ownership of the Properties.
  • If the acquisition of Quebec Aur by PublicCo is not completed by September 15, 2021, Quebec Aur shall, at its election, pay to Galleon Gold $150,000 or Quebec Aur shall transfer the Properties back to Galleon Gold.
  • David Russell CEO and President of Galleon Gold commented, "As we focus our efforts on the West Cache Gold Project in Timmins, we are very pleased to have reached an arrangement that will drive exploration on the Quebec properties.

Treasure & Shipwreck Recovery Announces App Development Partner for New ‘Galleon Quest’ Treasure Hunting Game

Tuesday, March 31, 2020 - 1:30pm

The Galleon Quest game will involve users having initial ships, divers, abilities and treasure, along with dangers.

Key Points: 
  • The Galleon Quest game will involve users having initial ships, divers, abilities and treasure, along with dangers.
  • As players move forward in the game, they can recover treasure, build their fleet, increase their capabilities and grow their treasury.
  • The purchase of trademarks for the Galleon Quest name was conducted in a series of transactions to be described later.
  • Galleon Quest is being designed as a free-to-play game with the opportunity to make in-app purchases for special game enhancements.