Galleon Gold Engages Investor Relations Advisor and Grants Stock Options
Galleon Gold Engages Investor Relations
Advisor and Grants Stock Options
Toronto, Ontario--(Newsfile Corp. - April 20, 2022) - Galleon Gold Corp. (TSXV: GGO) (the "Company"
or "Galleon Gold") is pleased to announce that it has engaged Harbor Access LLC ("Harbor Access") to
perform external "investor relations activities", as defined in accordance with the policies of the TSX
Venture Exchange ("TSXV"), subject to TSXV approval. The initial term of the contract is for six months,
and month to month thereafter. In consideration for the services the Company will pay Harbor Access
US$7,000 monthly and reasonable out of pocket expenses. Harbor Access and the Company act at
arm's length. Harbor Access does not own or control, directly or indirectly, any securities of the
Company.
The Company also announces, pursuant to the Company's stock option plan, a total of 785,000 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 $0.60, vest immediately
and expire on April 20, 2027.
R. David Russell, President and CEO of Galleon Gold, commented,
"We are pleased to be partnering
with Harbor Access to provide external Investor Relations services. It is an exciting time for Galleon
Gold, and we believe Harbor Access will help us improve our outreach as we are start the next phase
of exploration and development at our West Cache Gold Project."
About Harbor Access
Harbor Access is a strategic investor relations advisory firm with offices in Stamford, Connecticut and
Toronto, Ontario. With over 100 years of collective capital markets experience, Harbor Access
specializes in working with small and mid-cap companies that are looking to build, support or expand
their existing investor relations strategy and capabilities.
About Galleon Gold
Galleon Gold is an exploration and development company focused on advancing the West Cache Gold
Project in Timmins, Ontario. The project is situated approximately 7 km northeast of Pan American
Silver's Timmins West Mine and 14 km southwest of Newmont's Hollinger Mine.
Since acquiring the
project the Company has demonstrated significant resource growth while providing a strong valuation in
its maiden Preliminary Economic Assessment. Permitting and baseline studies in support of a bulk
sample are currently underway. Eric Sprott holds approximately 21% of the Company's outstanding
common shares.
For further information
Galleon Gold
R. David Russell
Chairman and CEO
T. (416) 644-0066
www.galleongold.com
Investor Relations
Harbor Access LLC
Graham Farrell
T. (416) 842-9003
Forward-Looking Statements
This document contains certain forward-looking statements that reflect the current views and/or
expectations of Galleon Gold with respect to its long-term strategy, proposed work, plans and other
reports including the PEA for its projects. Forward-looking statements are based on the then-current
expectations, beliefs, assumptions, estimates and forecasts about the business and the markets in
which Galleon Gold operates.
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, risks related to infectious diseases, including COVID-19 and 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/121066