Galane Gold Ltd. is pleased to announce that it has entered into a definitive agreement to acquire, through a wholly-owned subsidiary, the Summit Mine and the infrastructure constituting the Banner Mill in New Mexico from Pyramid Peak Mining, LLC, a wholly-owned subsidiary of Waterton Precious Metals Fund II Cayman, LP. Closing of the Acquisition is expected to occur on or about May 16, 2021, and is subject to certain
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