Galileo Petroleum Completes Debt Settlement
Vancouver, British Columbia--(Newsfile Corp. - September 21, 2015) - Galileo Petroleum Ltd. (TSXV: GPL) (the "Company") announces that it has issued a total of 1,634,000 common shares of the Company at a deemed issue price of $0.05 per share to certain creditors of the Company in settlement for certain debts owed by the Company in the total amount of $81,700 (the "Shares for Debt Settlement"). The amounts settled under the Shares for Debt Settlement were all cash advances received from...
2015-09-21 4:30 PM EDT
Galileo Petroleum Announces Debt Settlement and Two Private Placements
Vancouver, British Columbia--(Newsfile Corp. - September 4, 2015) - Galileo Petroleum Ltd. (TSXV: GPL) (the "Company") announces the Company's plan to undertake a shares for debt settlement arrangement, and its intention to proceed with two non-brokered private placements. The Debt Settlement Agreement The Company intends to retire indebtedness in the aggregate amount of $81,700 to certain creditors of the Company, by issuing a total of 1,634,000 common shares of the Company at an issue price...
2015-09-04 2:30 PM EDT
Galileo Director Resigns
Vancouver, British Columbia--(Newsfile Corp. - May 4, 2015) - Galileo Petroleum Ltd. (TSXV: GPL) has accepted the resignation of Mr. Ron Rieder from the Company's Board of Directors. The Company would like to thank Mr. Rieder for his service to the Company and wish him well in future endeavours. ON BEHALF OF GALILEO PETROLEUM LTD. "David Hottman" David Hottman President Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX...
2015-05-04 5:46 PM EDT