Business
Galway Metals Announces Share Purchases by Robert Hinchcliffe
TORONTO, ON / ACCESSWIRE / January 4, 2021 / Galway Metals Inc. (TSXV:GWM) (the " Company " ...
About this update from Galway Metals, Inc.
[{"type":"text","content":"Galway Metals Announces Share Purchases by Robert HinchcliffeTORONTO, ON / ACCESSWIRE / January 4, 2021 / Galway Metals Inc. (TSXV:GWM) (the \"Company\" or \"Galway\") is pleased to announce that Robert Hinchcliffe, President, Chief Executive Officer and Director of the Company has acquired, through a series of transactions conducted through the facilities of the TSX Venture Exchange, a total of 750,000 common shares of the Company in 2020. As a result, Mr. Hinchcliffe now owns a total of 14,310,519 common shares of Galway, representing approximately 8.5% of the issued and outstanding shares of the Company.Overall, since Galway's shares began trading in 2013 following its spin out to shareholders as a result of the $340 million sale of Galway Resources, Mr. Hinchcliffe has purchased 7.1 million shares in the open market, 4.7 million shares via private placements and 1.3 million shares acquired through the exercise of warrants and options. Total equity purchases since the Company began trading back in 2013 has been 13.1 million shares.The securities are held for investment purposes, and Mr. Hinchcliffe may vary his holdings of securities as investment conditions warrant.For further information, please contact:Galway Metals Inc.Robert Hinchcliffe1-800-771-0680www.galwaymetalsinc.comCAUTIONARY STATEMENT: Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy of this news release. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein.This news release contains forward-looking information, which is not comprised of historical facts. Forward-looking information involves risks, uncertainties and other factors that could cause actual events, results, performance, prospects and opportunities to differ materially from those expressed or implied by such forward-looking information. Forward-looking information in this news release includes statements made herein with respect to, among other things, the Company's objectives, goals or future plans, potential corporate and/or property acquisitions, exploration results, potential mineralization, exploration and mine development plans, timing of the commencement of operations, and estimates of ma...