Galileo Resources PLC

Galileo Resources PLC (GLR) · 2026-09-30

Final Results

Galileo reported a £1.76m FY2026 loss and year-end cash of £0.19m, while completing the Botswana licence sale for US$3m upfront. Exploration advanced, but Luansobe licences were revoked and are under legal proceedings.

Galileo Resources PLC (GLR) · 2026-09-28

Completion of Sale of 2 Kalahari Copper Licences

Galileo Resources has completed the US$3 million sale of its subsidiary holding two Kalahari Copper Belt licences to Sandfire-owned Metal Capital Exploration. Proceeds will support its project portfolio, working capital and new business activities.

Galileo Resources plc (GLR) · 2026-09-18

Update on Sale of 2 Kalahari Copper Belt Licences

All conditions have been met for Galileo Resources' sale of two Kalahari Copper Belt licences for US$3 million to Sandfire Resources' group. Completion is anticipated on or around 30 September 2026.

Galileo Resources Plc (GLR) · 2026-08-03

Board Change

Galileo Resources Plc said Edward (Ed) Slowey will retire and resign as a director of the company and its subsidiaries on 31 July 2026. He has agreed to continue consulting on the Ferber Copper-Gold project in Nevada, USA.

Galileo Resources plc (GLR) · 2026-06-16

Conditional Sale of 2 Copper Belt Licences for $3m

Galileo Resources has agreed to sell Virgo, owner of two Botswana prospecting licences, to Metal Capital for US$3.0m cash on completion. The deal remains conditional on approvals.