Galleon Gold pays interest on convertible debentures by issuing common shares, pending TSXV approval.

Galleon Gold Corp. has chosen to pay accrued interest on its convertible debentures by issuing common shares instead of cash. The shares will be priced based on the higher of the market price or the 15-day average closing price on the TSXV, subject to exchange approval and a four-month hold period. This move affects interest payments due in April 2026, totaling over 110,000 shares issued to debenture holders, including some company insiders. This strategy helps Galleon Gold manage cash flow while advancing its West Cache Gold Project.