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Last C$0.11 CAD
Change Today 0.00 / 0.00%
Volume 0.0
GWM On Other Exchanges
As of 12:07 PM 05/5/15 All times are local (Market data is delayed by at least 15 minutes).

galway metals inc (GWM) Snapshot

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05/15/14 - C$0.17
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galway metals inc (GWM) Details

Galway Metals Inc. acquires, explores, and develops mineral resource properties. The company primarily holds an option to acquire a 100% interest in the Victorio Mountain property, a molybdenum-tungsten project located in New Mexico in the United States. Galway Metals Inc. was incorporated in 2012 and is headquartered in Toronto, Canada.

Founded in 2012

galway metals inc (GWM) Top Compensated Officers

Chief Executive Officer, President and Direc...
Total Annual Compensation: C$171.7K
Chief Financial Officer
Total Annual Compensation: C$18.0K
Compensation as of Fiscal Year 2013.

galway metals inc (GWM) Key Developments

Galway Metals Inc. Announces Board Changes

Galway Metals Inc. announced that Larry Strauss and Michael Sutton have agreed to join its Board of Directors. Messrs. Strauss and Sutton have extensive expertise in the gold industry and have been acting as technical advisors to the Company, assisting in identifying and assessing precious metal opportunities, primarily in the Americas. Larry Strauss has 18 years of experience as a mining and commodities analyst in both Canada and the United States. He was a Director at GMP Securities, where he spent seven years as a well-regarded mining analyst. Michael Sutton has worked in Witwatersrand, Timmins, and Kirkland Lake, serving in various capacities related entirely to the exploration and mining of gold. Most recently, he guided Vault Minerals Inc. as its Vice President of Exploration until it was taken over by Queenston Mining Inc. Mr. Sutton is a member of the Association of Professional Geoscientists of Ontario and has been a member of the Prospectors and Developers Association of Canada since 1982. Mr. Sutton graduated in 1984 from the University of Toronto with a B.Sc., Geology (honors). Both Mr. Strauss and Mr. Sutton were also members of the Board of Directors of Galway Resources and are currently directors of Galway Gold Inc. The company also reports that Mr. Robert Schafer has resigned as a member of the Board of Directors, but his many business interests have required him to step down. Mr. Schafer will, however, continue to act as an advisor to the Company.

Galway Metals Inc. Announces Earnings Results for the Year Ended December 31, 2013

Galway Metals Inc. announced earnings results for the year ended December 31, 2013. For the year, the company incurred a net loss of $2,657,914 or $0.04 per share. This loss includes an impairment charge in the amount of $1,629,599 taken against the Victorio Project during the fourth quarter, such that the carrying value of the Victorio Project has been written down to nil.

Galway Metals Mulls Acquisitions

Galway Metals Inc. (TSXV:GWM) is seeking acquisitions. The company will use the proceeds from private placement financing for exploration expenditures, property acquisitions and general working capital purposes.


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