Galleon Gold Corp (PNCKF)

[MatrixMoney]

Can anyone explain what this means?

Mainly the November 14 part.

Galleon Gold Closes Shares for Debt Settlement

Newsfile Corp.
Newsfile Corp
Toronto, Ontario--(Newsfile Corp. - July 13, 2020) - Galleon Gold Corp. (TSXV: GGO) (the "Company" or "Galleon Gold") announces it has closed the previously announced debt settlement for services rendered to Explor Resources Inc. (the "Debt Settlement") (see press release dated July 6, 2020). Under terms of the Debt Settlement the Company and service provider have come to terms with respect to a contract dispute and monies owed by Explor Resources prior to its amalgamation with Galleon Gold. The Company has issued 4,500,000 common shares to the service provider to settle all claims, demands and future actions. The securities issued pursuant to the Debt Settlement will be subject to a four-month hold period ending November 14, 2020.