CEO Open Market Purchases Tops 1 Million Shares in 2024 after 1.7 Million Shares Purchased in 2023
Galway Metals Inc.
82 Richmond Street East, Toronto, Ontario, M5C 1P1
TSXV – GWM
OTCQB – MAYMF
1
NEWS RELEASE
CEO Open Market Purchases Tops 1 Million Shares in 2024 after 1.7
Million Shares Purchased in 2023
(Toronto, Ontario, December 19, 2024 ) – Galway Metals Inc. (TSXV: GWM, OTCQB: GAYMF) (the “company” or
“Galway Metals”), is pleased to announce an update on recent insider purchases, through a series of transactions
conducted through the facilities of the TSX Venture Exchange. Robert Hinchcl iffe, President, CEO and Director,
acquired an aggregate 1,030,000 common shares of the Company in the current calendar year at an average price
of approximately $0.45 per share. These purchases come after acquiring 1,664,000 share in the open market in 2023
As a result, Mr. Hinchcliffe now owns a total of 7,750,746 common shares of Galway Metals, representing
approximately 9% of the issued and outstanding shares of the Company.
About Galway Metals Inc.
Galway Metals is a Canadian mineral exploration and development company focused on advancing its 100%-owned,
high-grade, open -pitable flagship Clarence Stream gold project in SW New Brunswick. Clarance Stream is an
emerging gold district with an exploration strike length of approximately 65 km and widths of up to 28 kms in certain
areas. Galway Metals also has 100% -ownership in the Estrades project, a former producing high -grade, gold-rich
polymetallic VMS mine in the northern Abitibi of western Quebec. Led by a management team with a proven track -
record of creating shareholder value having sold Galway Resources for US$340 million, Galway Metals is focused on
creating value for all its stakeholders.
For additional Information on Galway Metals Inc., Please contact:
Robert Hincliffe President & Chief Executive Officer
Telephone: 1-800-771-0680
Email: [email protected]
Website: www.galwaymetalsinc.com
Look us up on Facebook, Twitter or Link
Cautionary Statement
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the
Toronto Stock Exchange) accepts responsibility for the adequacy or accuracy of this news release. No stock
exchange, securities commission or other regulatory authority has approved or disapproved the information contained
herein.
This News Release includes certain “forward-looking statements” which are not comprised of historical facts. Forward-
looking statements include estimates and statements that describe the Company’s future plans, objectives or goals,
including words to the effect that the Company or management expects a stated condition or result to occur. Forward-
looking statements may be identified by such terms as “believes”, “anticipates”, “expects”, “estimates”, “may”, “could”,
“would”, “will”, or “plan”. Since forward-looking statements are based on assumptions and address future events and
conditions, by their very nature they involve inherent risks and uncertainties. Although these statements are based on
information currently available to the Company, the Company provides no assurance that actual results will meet
management’s expectations. Risks, uncertainties and other factors involved with forward -looking information could
cause actual events, results, performance, prospects and opportunities to differ materially from those expressed or
implied by such forward-looking information. Forward looking information in this news release includes, but is not
Galway Metals Inc.
82 Richmond Street East, Toronto, Ontario, M5C 1P1
TSXV – GWM
OTCQB – MAYMF
2
limited to, the Company’s objectives, goals or future plans, information with respect to the OTCQB listing, DTC
eligibility, and broadening U.S. institutional and retail investors. Factors that could cause actual results to differ
materially from such forw ard-looking information include, but are not limited to changes in economic conditions or
financial markets, political and competitive developments, operation or exploration difficulties, changes in equity
markets, changes in exchange rates, fluctuations in commodity prices capital, operating and reclamation costs varying
significantly from estimates and the other risks involved in the mineral exploration and development industry, an
inability to predict and counteract the effects of COVID-19 on the business of the Company, including but not limited
to the effects o f COVID -19 on the price of commodities, capital market conditions, restrictions on labour and
international travel and supply chains, and those risks set out in the Company’s public documents filed on SEDAR.
Although the Company believes that the assumptions and factors used in preparing the forward -looking information
in this news release are reasonable, undue reliance should not be placed on such information, which only applies as
of the date of this news release, and no assurance can be given that such events will occur in the disclosed time
frames or at all. The Company disclaims any intention or obligation to update or revise any forward-looking information,
whether as a result of new information, future events or otherwise, other than as required by law.