Galileo Annnounces NAME Change to "Visionary GOLD Corp."
GALILEO ANNNOUNCES NAME CHANGE TO "VISIONARY GOLD CORP."
VANCOUVER, British Columbia, November 9, 2020 ( The NewsWire ) – Galileo Exploration
Ltd. (the "Galileo" or the "Company") (TSXV: GXL) is pleased to announce that it will change
its name to "Visionary Gold Corp." In connection with the proposed name change, the Company
will adopt "VIZ" as the new trading symbol for its common shares. The proposed name change
and trading symbol change are subject to the approval of the TSX Venture Exchange (the
"TSXV").
No action will be required by existing shareholders with respect to the name change. Issued share
certificates representing common shares of the Company will not be affected by the change of
name and will not need to be exchanged. The Company e ncourages any shareholder concerns in
this regard to be directed to such person's broker or agent.
In conjunction with the rebranding , Galileo is also pleased to announce the launch of its newly
redesigned website, which can be viewed at www.visionarygoldcorp.com.
Additionally, Galileo is please d to announce that , subject to the approval of the TSXV, Mr.
Darren Lindsay, PGeo (EGBC), is joining its Board of Directors. Mr. Lindsay is a professional
geologist with over 20 years of experience in mineral exploration across four continents with a
focus on Archean and Paleo -proterozoic gold systems with additional exploration experience for
base metals and some specialty metals. He has held succes sful leadership and technical roles in
junior and senior companies covering a range of grassroots greenfields to brownfields
exploration, expansion and pre -feasibility projects. Mr. Lindsay was directly involved in belt -
scale exploration, resource expansio ns, and feasibility level studies of gold deposits in the Hope
Bay Belt, Nunavut, the Beardmore -Geraldton Belt and the Michipicoten Greenstone Belt,
Ontario.
Galileo Director and CFO Wes Adams comments, “On Behalf of myself, John Kanderka and the
Board of Directors, we are very excited to have Mr. Lindsay on the team as he has been
instrumental in helping Galileo to secure its newly acquired interests in the Wolf Gold Project
and 10.25km 2 land package in the historically prolific South Pass Greenstone Gold Belt in
Fremont County, Wyoming. For our newly rebranded company, Visionary Gold Corp., Mr.
Lindsay will provide a higher degree of geologic expertise and experience at the Board level as it
works to develop new high-grade gold targets for immediate and ongoing exploration.”
Contact:
John Kanderka, Chief Executive Officer
Galileo Exploration Ltd.
410-325 Howe Street
Vancouver, BC V6C 1Z7
Tel: (403) 861-6329
FORWARD-LOOKING STATEMENTS
This news release contains " forward-looking statements" within the meaning of Canadian
securities legislation. These include, without limitation, statements with respect to the change of
name and stock symbol change and the development of suitable gold targets . Such
forward‑looking statements or information are based on a number of assumptions, which may
prove to be incorrect. Assumptions have been made regarding, among other things , the approval
of the name change, symbol change and appointment of Mr. Lindsay by the TSXV , and the
ability of the Company to identify gold targets suitable for development . The actual results could
differ materially from those anticipated in these forward -looking statements as a result of risk
factors including: capital and operating costs varying significantly from m anagement estimates;
the preliminary nature of metallurgical test results; delays in obtaining or failures to obtain
required governmental, environmental or other approvals (including the approval of the TSXV) ;
uncertainties relating to the availability an d costs of financing needed in the future; inflation;
fluctuations in commodity prices; delays in the development of projects; and other risks involved
in the mineral exploration and development industry generally. Forward-looking statements are
based on the expectations and opinions of the Company's management on the date the statements
are made. The assumptions used in the preparation of such statements, although considered
reasonable at the time of preparation, may prove to be imprecise and, as such, rea ders are
cautioned not to place undue reliance on these forward -looking statements, which speak only as
of the date the statements were made. The Company undertakes no obligation to update or revise
any forward -looking statements included in this news rele ase if these beliefs, estimates and
opinions or other circumstances should change, except as otherwise required by applicable law.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined
in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy
of this release.