Toronto, Ontario–(Newsfile Corp. – August 13, 2025) – 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 memorandum of understanding (the “MOU“) with Lake Shore Gold Corp. (“Lake Shore Gold“), a wholly-owned subsidiary of Pan American, for toll processing of mineralized materials from the Company’s planned 86,500-tonne bulk sample at its 100% owned West Cache Gold Project in Timmins, Ontario (the “Project” or “West Cache“).
The Debenture
The Debenture has a term of 36 months (the “Term“) from the date of issuance, bears interest at a rate of…
