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Galleon Gold Corp.

10:03 AM EST - Galleon Gold Corp. : Announced that Pan American Silver has acquired ownership of 18,750,000 units of securities of Galleon Gold, for C$0.60 per Unit, pursuant to a non-brokered private placement, which was completed in connection with a brokered private placement by Galleon, all for an aggregate of 50,000,000 Units, with each Unit comprised of one common share of Galleon and one-half of one Common Share purchase warrant. Galleon Gold Corp. shares V.GGO are trading up $0.02 at $0.71.