Galleon Gold Cashes up to Go Test Mining with Pan American Funding

Galleon Gold cashes up to go test mining with Pan American funding

$8-million investment would give Pan American a 20 per cent stake in Timmins mine project

Galleon Gold Corp. (TSXV:GGO) - Pan American Comes on Board with Toll Milling, C$8M Financing - Research Portal

Galleon has entered into a strategic agreement with Pan American Silver Corp. (TSX:PAAS, Not Rated) covering convertible debt financing and toll processing for its 100%-owned West Cache project in Timmins. Overall, this is a very positive update from Galleon as the C$8M financing provides the funds required to get its 86.5kt bulk sample program going and further de-risk the West Cache project. Galleon has started surface work for the program, but

Galleon Gold Welcomes Strategic Investment by Pan American Silver and Signs an MOU for Toll Processing at the Bell Creek Mill – Resource World Magazine

Galleon Gold Corp. (TSXV: GGO) (FSE: 3H90) (the “Company” or “Galleon Gold“) is pleased to announce that Pan American Silver Corp. (“Pan American“) has entered into a strategic investment agreement on a non-brokered private placement basis for an unsecured convertible debt financing (the “Debenture“) for gross proceeds of C$8,000,000 (the “Transaction“). In connection with the Transaction, the Company also announces that it has entered into a mem