|By Marketwired .||
|August 21, 2014 05:55 PM EDT||
VANCOUVER, BRITISH COLUMBIA -- (Marketwired) -- 08/21/14 -- Galileo Petroleum Ltd. (TSX VENTURE: GPL) (the "Company") announces that it has issued a total of 905,890 common shares of the Company at a deemed issue price of $0.05 per share and paid a sum of $19,412 to a certain creditor of the Company in settlement for a certain debt owed by the Company in the total amount of $64,706 (the "Debt Settlement").
The common shares issued pursuant to the Debt Settlement are subject to a hold period that expires on December 8, 2014.
The securities of the Company and the common shares issued pursuant to the Debt Settlement have not and will not be registered under the United States Securities Act of 1933, as amended (the "1933 Act"), or the securities laws of any state of the United States, and may not be offered or sold in the United States absent registration or an applicable exemption therefrom under the 1933 Act and the securities laws of all applicable states.
ON BEHALF OF GALILEO PETROLEUM LTD.
David Hottman, President and CEO
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this News Release. This news release has been prepared by management and no regulatory authority has approved or disapproved the information contained herein.
Galileo Petroleum Ltd.
President & CEO
Sep. 28, 2016 04:30 PM EDT Reads: 2,795
Sep. 28, 2016 04:15 PM EDT Reads: 2,417
Sep. 28, 2016 04:15 PM EDT Reads: 1,851
Sep. 28, 2016 04:15 PM EDT Reads: 1,462
Sep. 28, 2016 04:00 PM EDT Reads: 1,479
Sep. 28, 2016 03:15 PM EDT Reads: 335
Sep. 28, 2016 03:15 PM EDT Reads: 1,305
Sep. 28, 2016 03:15 PM EDT Reads: 4,135
Sep. 28, 2016 03:00 PM EDT Reads: 3,863
Sep. 28, 2016 02:45 PM EDT Reads: 1,738
Sep. 28, 2016 02:30 PM EDT Reads: 3,313
Sep. 28, 2016 02:30 PM EDT Reads: 2,923
Sep. 28, 2016 02:00 PM EDT Reads: 4,775
19th Cloud Expo, taking place November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA, will feature technical sessions from a rock star conference faculty and the leading industry players in the world. Cloud computing is now being embraced by a majority of enterprises of all sizes. Yesterday's debate about public vs. private has transformed into the reality of hybrid cloud: a recent survey shows that 74% of enterprises have a hybrid cloud strategy. Meanwhile, 94% of enterpri...
Sep. 28, 2016 02:00 PM EDT Reads: 4,419
In this strange new world where more and more power is drawn from business technology, companies are effectively straddling two paths on the road to innovation and transformation into digital enterprises. The first path is the heritage trail – with “legacy” technology forming the background. Here, extant technologies are transformed by core IT teams to provide more API-driven approaches. Legacy systems can restrict companies that are transitioning into digital enterprises. To truly become a lea...
Sep. 28, 2016 01:57 PM EDT Reads: 243