Galway Metals Inc. is pleased to report drill results that expand the SW Deposit to the east at the George Murphy Zone , and outside of the resource, at the Clarence Stream gold project in southwest New Brunswick, Canada . Assay results for metallurgical holes drilled at the SW Deposit have been received as well . Drill results from the SW deposit [...]
Galway Metals Inc. is pleased to give an update on corporate activities at the flagship Clarence Stream property in New Brunswick, Canada. Galway Metals also has the Estrades gold/ base-metal project in Quebec, Canada. Galway released an updated Mineral Resource for Clarence Stream in an April 25, 2022 press release . This represented a more than [...]
Galway Metals Inc. is pleased to report the expansion of mineralization in multiple locations within the Triangle Area -which includes the recently-discovered Stewart Zone- at Clarence Stream as highlighted as exploration target #1 in Figure 1 . The significance of these intersects is: That the 900 metre gap between the Stewart Zone and the SW [...]
Galway Metals Inc. is pleased to announce assay results from 9 diamond drill holes from the South Deposit at its Clarence Stream gold property located in south-western New Brunswick, Canada, and that drilling recommenced at the SW Deposit in early June. This drilling is designed to follow up on the resource block models where they are open towards [...]
Galway Metals Inc. is pleased to announce that it intends to settle the fourth of six payments due in consideration of an agreement previously announced on July 21, 2020 by the cash payment of $125,000 and the issuance of 1,056,338 common shares in the Capital of the Company at a deemed price equal to $0.355 per Share for a total deemed price of [...]
Galway Metals Inc. is pleased to announce that it has closed the previously announced best efforts private placement offering for aggregate gross proceeds of approximately $4.0 million consisting of the sale of 6,666,700 common shares of the Company that qualify as "flow-through shares" of the Income Tax Act at a price of $0.60 per FT Share. The [...]
Galway Metals Inc. , provides an update on personnel and corporate activities. Galway is pleased that Allan Moran has agreed to join the Company as a technical advisor. Galway would like to thank Larry Strauss, who has resigned as VP of Corporate Development but remains a Director of the Company. Metallurgical programs have been planned and are [...]
Galway Metals Inc. , is pleased to announce that it has entered into an agreement with Paradigm Capital Inc. on behalf of a syndicate of agents , in connection with a best efforts private placement financing for total proceeds of up to $4 million, consisting of up to 6,666,700 common shares of the Company that qualify as "flow-through shares" of [...]
Galway Metals Inc. ; is pleased to announce that at the Company's Annual General and Special meeting held on December 14, 2022, the shareholders of the Company adopted the Company's amended equity incentive plan which has a 10% rolling stock option component reserving an aggregate of 20,154,942 shares for issuance as of the date of the Meeting [...]
Galway Metals Inc. ; is pleased to report new drill results from the North Zone of its high grade, multi-million-ounce Clarence Stream Gold Project in SW New Brunswick, Canada. The new results expand on known gold mineralization outside the North Zone's pit shell boundaries in two key areas. The pit shells were defined in the N.I. 43-101 Resource [...]
Galway Metals Inc. is pleased to announce that it has received final approval from the TSX Venture Exchange to consolidate all of its common shares on the basis of one post-consolidation common share for every three pre-consolidation common shares . The common shares of the Company will commence trading on a post-Consolidation basis under the [...]
Galway Metals Inc. advises that, given prevailingly weak market conditions for exploration companies, it is temporarily suspending drilling activities at its flagship Clarence Stream gold project pending improved market and financing conditions. Management is taking this pro-active step to conserve capital while it reassesses findings in the [...]