Off-market insider buying at Galleon Gold (GGO)

Off-market insider buying at Galleon Gold (V:GGO)

R. David Russell, CEO and Director, acquired 3,640,000 Common Shares on a direct ownership basis at a price of $0.050 through a prospectus or prospectus exempt offering on May 25th, 2020. The insider also acquired 1,820,000 Warrants with an exercise price of $0.075 for 24 months. This represents a $182,000 investment into the company's shares and an account share holdings change of greater than 100%.

Two other insiders also reported acquiring shares in smaller amounts.

Galleon Gold is in the Gold Sub Industry Group under the Basic Materials Sector.

Galleon Gold Corp, formerly Pure Nickel Inc., is a gold exploration and development company. The Company is focused on developing two gold projects. Its projects include Neal Gold Project and West Cache Gold Project. The Neal Gold Project is located in Idaho and West Cache Gold Project is located approximately 13 km west of Timmins Ontario.