Pan American Silver Acquires 6.25 Million Galleon Gold Shares
Pan American Silver acquired 6,250,000 Galleon Gold common shares for C$1.12 per share in a non-brokered private placement.
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Pan American acquired 6.25M Galleon shares at C$1.12 each. Its holdings now represent approximately 15.6% of Galleon's shares on a non-diluted basis and 27.3% on a partially diluted basis.Material DetailsContext by AI AnalystThis is an ownership update in Pan American's investment in Galleon, follo…
Pan American Silver Corp. (NYSE:PAAS) (TSX:PAAS) ("Pan American" or the "Company") has acquired ownership of 6,250,000 common shares ("Common Shares") of Galleon Gold Corp. (TSXV:GGO) ("Galleon"), for C$1.12 per Common Share, pursuant to a non-brokered private placement (the "Acquisition"), which w…