Galleon Gold Corp (GGO) Financings
TSXV: GGO · Gold · Advanced Exploration stage
- Market cap$166.2M
- Share price$1.22
- 52-week range$0.550 – $1.39
- Shares outstanding136,202,416
- ExchangeTSXV
- Websitegalleongold.com
Galleon Gold is advancing the West Cache Gold Project with a disciplined, de-risking strategy centered on resource growth and an 86,500-tonne bulk sample program, positioning the Company to unlock long-term shareholder value.
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Galleon Gold Corp financial statements
Key figures read from 41 of 41 financial statement filings, Oct 25, 2016 to Jul 29, 2026. Each column is the period as the company first filed it.
Balance sheet: annual key figures
Canadian dollars (C$), figures as printed in the statements. Losses and cash outflows are in brackets.
| Nov 2025 | Nov 2024 | Nov 2023 | Nov 2022 | Nov 2021 | |
|---|---|---|---|---|---|
| Cash and equivalents | C$13,818,083 | C$1,518,483 | C$260,490 | C$517,218 | C$1,074,656 |
| Short-term investments | C$246,771 | C$104,057 | — | C$753,112 | C$544,084 |
| Total current assets | C$14,362,522 | C$1,750,472 | C$840,305* | C$1,570,900 | C$1,852,038 |
| Total current liabilities | C$8,363,357 | C$4,429,777 | — | C$3,467,956 | C$3,699,976 |
| Working capital | C$5,999,165 | (C$2,679,305) | — | (C$1,897,056) | (C$1,847,938) |
| Exploration and evaluation assets | C$32,965,478 | C$29,914,899 | C$29,039,202 | C$25,142,032 | C$22,141,630 |
| Property, plant and equipment | C$89,166 | C$107,499 | C$128,666 | C$160,492 | C$191,948 |
| Total assets | C$48,095,873 | C$31,895,459 | C$30,127,017 | C$26,991,620 | C$24,297,547 |
| Debt | C$18,656,085 | C$3,887,054 | — | — | — |
| Total liabilities | C$21,772,159 | C$8,749,231 | C$5,606,789 | C$3,508,913 | C$3,699,976 |
| Shareholders' equity | C$26,323,714 | C$23,146,228 | — | C$23,482,707 | C$20,597,571 |
* Calculated from the statement's own lines: the company did not print this total with a label.
Income statement: annual key figures
Canadian dollars (C$), figures as printed in the statements. Losses and cash outflows are in brackets.
| FY Nov 2025 | FY Nov 2024 | FY Nov 2023 | FY Nov 2022 | FY Nov 2020 | |
|---|---|---|---|---|---|
| Impairments and write-downs | — | — | (C$8,550) | (C$1,521,873) | C$4,030 |
| Net income (loss) | (C$2,539,191) | (C$3,177,383) | (C$1,255,523) | (C$971,784) | (C$7,123,330) |
Cash flow statement: annual key figures
Canadian dollars (C$), figures as printed in the statements. Losses and cash outflows are in brackets.
| FY Nov 2025 | FY Nov 2024 | FY Nov 2023 | FY Nov 2022 | FY Nov 2021 | |
|---|---|---|---|---|---|
| Operating cash flow | (C$1,697,728) | (C$2,484,139) | (C$1,708,654) | (C$2,728,537) | (C$1,813,993) |
| Investing cash flow | (C$1,537,745) | (C$756,483) | (C$281,609) | (C$1,031,341) | (C$5,014,571) |
| Financing cash flow | C$15,567,382 | C$4,546,415 | C$1,742,313 | C$3,230,366 | (C$135,114) |
| Exploration spending (capitalized) | (C$1,965,562) | (C$516,894) | (C$2,428,749) | (C$3,052,781) | (C$6,635,843) |
| Property, plant and equipment spending | (C$3,844) | (C$2,160) | C$0 | C$0 | (C$86,168) |
| Proceeds from share issues | C$0 | C$266,928 | C$1,742,313 | C$3,380,366 | C$0 |
| Change in cash | C$12,299,600 | C$1,257,993 | (C$256,728) | (C$557,438) | (C$6,973,108) |
| Cash at end of period | C$13,858,083 | C$1,558,483 | C$300,490 | C$557,218 | C$1,114,656 |
Galleon Gold Corp financings
3 financings announced or closed by Galleon Gold Corp, read by Mining News Terminal, newest first.
| Date | Company | Type | Stage | Amount | Unit price | Release |
|---|---|---|---|---|---|---|
| 2025-12-30 | Galleon Gold Corp (GGO) | Debt | Closed, 1 tranche | $46.0M | $1.07 | Galleon Gold Completes $46 Million Senior Secured Debt Financing with Pan American Silver Corp. |
| 2025-10-16 | Galleon Gold Corp (GGO) | Debt, LIFE offering, non-brokered | Closed, 1 tranche | $30.0M | $0.600 | Galleon Gold Receives Indicative Term Sheet for a $46 Million Debt Facility from Pan American Silver and Announces $25 Million in Equity Financings |
| 2025-08-13 | Galleon Gold Corp (GGO) | Private placement, non-brokered | Announced | $8.0M | — | Galleon Gold Welcomes Strategic Investment by Pan American Silver and Signs an MOU for Toll Processing at the Bell Creek Mill |
Galleon Gold Corp debt and credit facilities
Convertible debentures and notes, loans, credit facilities, bonds, gold loans and prepayments Galleon Gold Corp has announced, read by Mining News Terminal. A debt reported in several releases is listed once, at its latest stage.
| Date | Debt | Lender | Amount | Terms |
|---|---|---|---|---|
| 2026-03-31 | Credit facility, amended | — | — | — |
| 2025-08-13 | Convertible debenture, signed | — | C$8M | 10% |
| 2025-07-18 | Convertible debenture, closed / funded | — | C$1M | 8% |
| 2024-04-29 | Convertible debenture, closed / funded | Sprott | C$1.41M | 7.5% |
| 2024-04-12 | Convertible debenture, closed / funded | — | C$1.03M | 7.5% |
| 2020-06-12 | Notes / bonds, repaid / settled | — | C$1.33M | — |
| 2020-06-01 | Convertible debenture, repaid / settled | — | C$945,212 | 8%, matures 2020-07-03 |
| 2020-02-25 | Convertible debenture, repaid / settled | — | C$70,000 | — |
| 2020-02-13 | Convertible debenture, repaid / settled | — | C$70,000 | 8% |
| 2020-01-09 | Convertible debenture, closed / funded | Sprott | C$3M | 8% |