United States

Galileo Resources PLC (GLR.L)

GLR.L on London Stock Exchange

21 Jul 2017
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-0.25 (-4.55%)
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Latest Key Developments (Source: Significant Developments)

Galileo Resources PLC says Extension of Agreement to sell Interest in JV
Friday, 28 Aug 2015 02:00am EDT 

Galileo Resources PLC:Says it has agreed to a request from joint venture partner Fer * Min * Ore Proprietary Limited ("Fer * Min * Ore"), to extend the completion of the conditional Sale Agreement until Feb.28, 2016.Says pursuant to which the company has offered to sell and Fer- Min- Ore has offered to purchase all the company's rights, title, interest and shares in the capital of Glenover Phosphate Proprietary Limited for a purchase consideration of US$4 mln.  Full Article

Galileo Resources PLC announces placing of ordinary shares to raise GBP375,000
Wednesday, 5 Aug 2015 02:00am EDT 

Galileo Resources PLC:Says that it has completed a placing of 31,250,000 new ordinary shares of 0.1 pence each in Galileo to raise GBP375,000 before expenses at a placing price of 1.2 pence per Placing Share, through the Company's broker Beaufort Securities Limited.Says the net proceeds of the Placing will be utilised towards working capital, including payment of annual licence fees on its properties in Nevada USA.  Full Article