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GGO.V ·

Galleon Gold Announces Grant of Stock Options

Share Capital & Compensation

Galleon Gold Announces Grant of Stock

Options

Toronto, Ontario--(Newsfile Corp. - March 30, 2021) - Galleon Gold Corp. (TSXV: GGO) (the "Company"

or "Galleon Gold") announces, pursuant to the Company's stock option plan, a total of 6,400,000 stock

options have been granted to directors, officers, employees and consultants of the Company. The

options are exercisable into one common share of the Company at a price of $0.09, vest immediately

and expire on March 30, 2026.

About Galleon Gold:

Galleon Gold is a North American exploration and development company. Eric Sprott holds

approximately 23% of the Company's outstanding common shares and is also the Company's partner on

the Neal Gold Project in Idaho. Drilling is currently underway at the Company's flagship project, the West

Cache Gold Project, located 13 km from Timmins, Ontario.

For further information:

Galleon Gold

R. David Russell

Chairman and CEO

T. (416) 644-0066

[email protected]

www.galleongold.com

Forward-Looking Statements

Some of the statements contained herein may be forward-looking statements which involve known and

unknown risks and uncertainties. Without limitation, statements regarding potential mineralization and

resources, exploration results, expectations, plans, and objectives of Galleon Gold are forward-looking

statements that involve various risks. The following are important factors that could cause Galleon Gold's

actual results to differ materially from those expressed or implied by such forward-looking statements:

changes in the world-wide price of mineral commodities, general market conditions, risks inherent in

mineral exploration, risks associated with development, construction and mining operations, the

uncertainty of future exploration activities and cash flows, and the uncertainty of access to additional

capital. There can be no assurance that forward-looking statements will prove to be accurate as actual

results and future events may differ materially from those anticipated in such statements. Galleon Gold

undertakes no obligation to update such forward-looking statements if circumstances or management's

estimates or opinions should change. The reader is cautioned not to place undue reliance on such

forward-looking statements.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in

policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this

release.

To view the source version of this press release, please visit

https://www.newsfilecorp.com/release/78980