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VANCOUVER, BRITISH COLUMBIA--(Marketwired - June 25, 2014) - Galileo Petroleum Ltd. (TSX VENTURE:GPL) (the "Company") announces that it has issued a total of 5,613,080 common shares of the Company at a deemed issue price of $0.05 per share to certain creditors of the Company in settlement for certain debts owed by the Company in the total amount of $280,654 (the "Shares for Debt Settlement"). |