Galleon Gold Secures $3M in Convertible Debentures

Galleon Gold Corp. (TSE:GGO) has released an update.

Galleon Gold Corp. has successfully completed a $3M private placement of convertible debentures, supported by notable investors including Eric Sprott. The offering includes 3,000 units with each unit composed of a $1,000 debenture and 3,030 warrants, with options for conversion and redemption. The funds raised will be secured against gold in the company’s Golden Trove property stockpile.

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