Galway Metals Reports on Continued CEO Share Purchases

Rhea-AI Summary

Galway Metals (OTCQB:GAYMF) announced continued share purchases by its President, CEO and Director Robert Hinchcliffe. In 2025, Hinchcliffe acquired 780,000 common shares at an average price of $0.475 per share. This follows his previous acquisitions of over 1 million shares in 2024 and 1.6 million shares in 2023.

Following these transactions, Hinchcliffe now owns 8,530,746 common shares, representing approximately 8% of Galway Metals' total outstanding shares.

Positive

• CEO's significant insider buying demonstrates strong confidence in company's future
• Consistent share accumulation pattern over three consecutive years shows long-term commitment
• CEO's substantial 8% ownership aligns management interests with shareholders

Negative

• None.

TORONTO, ON / ACCESS Newswire / July 21, 2025 / Galway Metals Inc. (TSXV:GWM)(OTCQB:GAYMF) (the "company" or "Galway Metals"), is pleased to announce an update on recent insider purchases, through a series of transactions conducted through the facilities of the TSX Venture Exchange. Robert Hinchcliffe, President, CEO and Director, acquired an aggregate 780,000 common shares of the Company in the current calendar year at an average price of approximately $0.475 per share. These purchases come after acquiring just over 1 million shares in 2024 and 1.6 million shares in the open market in 2023. As a result, Mr. Hinchcliffe now owns a total of 8,530,746 common shares of Galway Metals, representing approximately 8% of the issued and outstanding shares of the Company.

About Galway Metals Inc.

Galway Metals is a Canadian mineral exploration and development company focused on advancing its 100%-owned, high-grade, open-pit flagship Clarence Stream gold project in southwest New Brunswick. Clarence Stream is an emerging gold district with an exploration strike length of approximately 65 kilometres, and the existing resource is open in virtually all directions. Galway Metals also has 100%-ownership in the Estrades project, a former producing high-grade, gold-rich polymetallic VMS mine in the northern Abitibi of western Quebec. Led by a management team with a proven track-record of creating shareholder value having sold Galway Resources for US$340 million, Galway Metals is focused on creating value for all its stakeholders.

For additional Information on Galway Metals Inc., Please contact:

Robert Hinchcliffe President & Chief Executive Officer
Telephone: 1-800-771-0680
Email: info@galwaymetalsinc.com
Website: www.galwaymetalsinc.com
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Cautionary Statement

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Toronto Stock Exchange) accepts responsibility for the adequacy or accuracy of this news release. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein.

This News Release includes certain "forward-looking statements" and "forward-looking information" which are not comprised of historical facts. Forward-looking statements include estimates and statements that describe the Company's future plans, objectives or goals, including words to the effect that the Company or management expects a stated condition or result to occur. Forward-looking statements may be identified by such terms as "believes", "anticipates", "expects", "estimates", "may", "could", "would", "will", or "plan". Since forward-looking statements are based on assumptions and address future events and conditions, by their very nature they involve inherent risks and uncertainties. Although these statements are based on information currently available to the Company, the Company provides no assurance that actual results will meet management's expectations. Risks, uncertainties and other factors involved with forward-looking information could cause actual events, results, performance, prospects and opportunities to differ materially from those expressed or implied by such forward-looking information. Forward looking information in this news release includes, but is not limited to, the Company's objectives, goals or future plans, information with respect to the OTCQB listing, DTC eligibility, and broadening U.S. institutional and retail investors.

Factors that could cause actual results to differ materially from such forward-looking information include, but are not limited to changes in economic conditions or financial markets, political and competitive developments, operation or exploration difficulties, changes in equity markets, changes in exchange rates, fluctuations in commodity prices capital, operating and reclamation costs varying significantly from estimates and the other risks involved in the mineral exploration and development, and those risks set out in the Company's public documents filed on SEDAR+ at sedarplus.ca. Although the Company believes that the assumptions and factors used in preparing the forward-looking information in this news release are reasonable, undue reliance should not be placed on such information, which only applies as of the date of this news release, and no assurance can be given that such events will occur in the disclosed time frames or at all. The Company disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, other than as required by law.

SOURCE: Galway Metals Inc.

View the original press release on ACCESS Newswire

FAQ

How many shares did Galway Metals (GAYMF) CEO purchase in 2025?

CEO Robert Hinchcliffe purchased 780,000 common shares at an average price of $0.475 per share in 2025.

What is the total ownership percentage of Galway Metals CEO Robert Hinchcliffe?

Following his recent purchases, Robert Hinchcliffe owns 8,530,746 shares, representing approximately 8% of Galway Metals' outstanding shares.

How many shares has Galway Metals CEO purchased over the past three years?

CEO Robert Hinchcliffe purchased 780,000 shares in 2025, over 1 million shares in 2024, and 1.6 million shares in 2023.

What was the average purchase price of GAYMF shares by the CEO in 2025?

CEO Robert Hinchcliffe purchased shares at an average price of $0.475 per share in 2025.