Business
Pure Nickel Announces Name Change to Galleon Gold Corp. and Provides Update on Amalgamation with Explor Resources
Toronto, Ontario--(Newsfile Corp. - December 18, 2019) -  Pure Nickel Inc. (TSXV: NIC) (t...
About this update from Galleon Gold Corp
[{"type":"text","content":"Pure Nickel Announces Name Change to Galleon Gold Corp. and Provides Update on Amalgamation with Explor ResourcesToronto, Ontario--(Newsfile Corp. - December 18, 2019) -  Pure Nickel Inc. (TSXV: NIC) (the \"Company\" or \"Pure Nickel\") is pleased to announce that it has changed its name from \"Pure Nickel Inc.\" to \"Galleon Gold Corp.\" pursuant to the provisions of the Canada Business Corporations Act. The name change was approved by shareholders at the Company's annual and special meeting of shareholders held on December 11, 2019 and is effective as of December 18, 2019. The Company anticipates that it will begin trading under its new name on the TSX Venture Exchange and under the new symbol \"GGO\" at the opening of the market on December 20, 2019.The Company is also pleased to announce that the previously announced amalgamation with Explor Resources was also approved by shareholders at the meeting held on December 11, 2019. The Company expects the transaction to be completed in the coming days. Galleon Gold will be focused on exploration and development of its two primary properties, the West Cache Gold Project (formerly known as Timmins Porcupine West Project) located near Timmins Ontario and the Neal Gold Project located in Idaho. President and CEO, Mr. R. David Russell commented, \"We are very pleased to be completing the merger with Explor Resources and to introduce our shareholders to Galleon Gold. We believe our two projects, located in known mining camps with excellent infrastructure will quickly build value for all stakeholders.\" About Galleon Gold (formerly Pure Nickel)Since the start of 2019, Pure Nickel has made strategic steps to expand its focus to include gold and silver exploration. Upon completion of the merger with Explor Resources Inc. the Company will have two advanced stage gold exploration projects - its partnership with Eric Sprott on the Neal Gold Project in Idaho and the West Cache Gold Project in Ontario (formerly known as Timmins Porcupine West Project). Both exploration projects are expected to continue to return positive exploration results and hold the potential to be advanced to production.FOR FURTHER INFORMATION:Galleon Gold (Pure Nickel Inc.)R. David RussellChairman and CEOT. (416) 644-0066info@galleongold.comwww.purenickel.comwww.galleongold.comForward Looking StatementsSome of the st...