TORONTO, ON / ACCESSWIRE / August 13, 2024 / Galway Metals Inc. (TSXV:GWM)(OTCQB:GAYMF) (the "company" or "Galway Metals"), is pleased to announce an update on recent insider purchases, through a series of transactions conducted through the facilities of the TSX Venture Exchange. Robert Hinchcliffe, President, CEO and Director, acquired an aggregate 700,000 common shares of the Company in the current calendar year.
These purchases come after acquiring 1,664,000 common shares in 2023. As a result, Mr. Hinchcliffe now owns a total of 7,420,746 common shares of Galway Metals, representing approximately 9% of the issued and outstanding shares of the Company.
About Galway Metals Inc. Galway Metals is a Canadian mineral exploration and development company focused on advancing its 100%-owned, high-grade, open-pitable flagship Clarence Stream gold project in SW New Brunswick. Clarance Stream is an emerging gold district with an exploration strike length of approximately 65km.
Galway Metals also has 100%-ownership in the Estrades project, a former producing high-grade, gold-rich polymetallic VMS mine in the northern Abitibi of western Quebec. Led by a management team with a proven track- record of creating shareholder value having sold Galway Resources for US$340 million, Galway Metals is focused on creating value for all its stakeholders. For additional Information on Galway Metals Inc.
, Please contact: Robert Hincliffe President & Chief Executive Officer Telephone: 1-800-771-0680 Em.