Galleon Gold Corp. (TSXV:GGO) entered into an agreement to acquire remaining 20% stake in Neal Idaho Gold Project from 2176423 Ontario Ltd. for $0.32 million on May 31, 2023. As a consideration, Galleon Gold will issue 2 million common shares.

Upon closing of the transaction, the Company will hold a 100% leasehold interest in the Project and Eric Sprott's ownership of Galleon Gold will increase to 21.45%. The transaction is subject to final approval from the TSX Venture Exchange and the Shares are subject to a hold period of four months and a day under applicable Canadian securities laws.