on Galaxy Ventures Inc. (CVE:GXY.P)
Galaxy Ventures Inc. Advances with Major Milestones in TruSilver Transaction
Galaxy Ventures Inc. has announced substantial progress on its Qualifying Transaction with TruSilver Corp. TruSilver completed a $2.5 million financing, fulfilling a key condition for the transaction. Additionally, Matt Rees, formerly Chief Geologist at IAMGOLD, was appointed as Director and Vice-President of Exploration at TruSilver. These developments aim to strengthen TruSilver's strategic direction in mineral exploration.
TruSilver aims to secure a TSX Venture Exchange listing in fall 2026 under the ticker "TAG," pending regulatory approvals. The company has engaged significantly in advancing its Sturgis-Walton Silver Project. The financing comprised subscriptions from directors and entities linked to them.
The appointment of Matt Rees, with extensive experience in exploration, is expected to enhance the company's exploration capabilities. Rees's prior roles at IAMGOLD involved managing high-value projects and leading teams that discovered significant mineral deposits.
R. E.
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