Galleon Gold Announces Issuance of Shares for Interest Payment on Convertible Debentures

Core Points - Galleon Gold Corp. has issued 202,635 common shares to pay an interest of $132,224.38 on its convertible debentures [1][2] - The common shares will be subject to a hold period ending on March 25, 2026, and the TSXV has accepted this issuance [2] - Galleon Gold is focused on the West Cache Gold Project in Timmins, Ontario, and is preparing for its first test mining [3] Company Overview - Galleon Gold is an advanced exploration and development company [3] - The West Cache Gold Project is located 7 km northeast of Pan American Silver's Timmins West Mine and 14 km southwest of Discovery Silver's Hollinger Mine [3] - The company plans to conduct an 86,500-tonne underground bulk sample to gather data for feasibility studies [3] - Galleon Gold aims to systematically derisk the project while continuing grassroots exploration to grow the asset [3]