Galantas Gold Corp.

Galantas Gold Corp. , the AIM and TSXV quoted gold producer and explorer with a 100% interest in Northern Ireland’s Omagh gold mine, announces a Convertible Debenture for GBP£1,000,000 /CAD$1,731,190 . The Debenture is unsecured, is for a term of one year commencing on the date that it is issued, carries a coupon of 15% per annum and is convertible into common shares of the Company. The conversion price is floating [...]

Galantas Gold Corp. is pleased to announce its financial results for the Three and Nine months ended September 30, 2019. Financial Highlights Highlights of the 2019 third quarter’s and first nine month’s results, which are expressed in Canadian Dollars, are summarized below: All figures denominated in Canadian Dollars Third Quarter Ended September 30 Nine Months Ended September 30 2019 2018 2019 2018 Revenue [...]

Galantas Gold Corp. announces a temporary suspension of blasting operations at its Omagh gold mine, Northern Ireland. Blasting operations are currently limited, since all blasting must be supervised by the Police Service of Northern Ireland . Presently the Arrangements are not sufficient for the desired level of operations. The Company has been working with the authorities to increase blasting availability to normal [...]

Galantas Gold Corp. , the AIM and TSXV quoted gold producer and explorer with a 100% interest in Northern Ireland’s Omagh gold mine, announces that the proposed private placement for 23,529,412 common shares for gross proceeds of GBP£1,000,000 , previously announced on August 5, 2019, has now closed and was fully subscribed. The Private Placement has received conditional approval of the TSX Venture Exchange and [...]

Galantas Gold Corp. is pleased to announce its financial results for the three and six months ended June 30, 2019. Financial Highlights Highlights of the 2019 second quarter’s and first six month’s results, which are expressed in Canadian Dollars, are summarized below: All figures denominated in Canadian Dollars Second Quarter Ended June 30 Six Months Ended June 30 2019 2018 2019 2018 Revenue $ 0 $ 57,040 $ 0 [...]

Galantas Gold Corp. , the AIM and TSX Venture Exchange quoted gold mine developer and explorer with a 100% interest in Northern Ireland’s Omagh gold mine, announces a proposed private placement of common shares . The net proceeds to be raised by the Private Placement are intended to be used to implement recently identified optimisation initiatives at the Omagh gold mine, including increased mechanisation and [...]

Galantas Gold Corp. is pleased to report progress at the Omagh gold mine. An access drive on the fourth level has intersected the Kearney vein ahead of schedule. The intersection shows strongly developed mineralization. The north and south faces of the vein were channel sampled. The average of the two channels was 8.35 g/t gold over an average true width of 2.65 metres. The vein intersection is expected to allow in-vein [...]

Galantas Gold Corp. , reports that it has awarded 2,500,000 incentive stock options on the Company’s common shares to directors and key employees, in accordance with the terms of the Company’s incentive Stock Option Plan . The exercise price for the options, which expire on June 27, 2024, is $0.09 Canadian per share and the grant of these options was approved by the Board on June 27, 2019. The options will [...]

Galantas Gold Corp. is pleased to report the results of its Annual and Special Meeting held on June 27, 2019. All resolutions were passed by shareholders. The resolutions included the election of David Cather as a Non-Executive Director of the company. David is an experienced mining engineer with over 30 years of mining experience. He has held CEO roles in Avocet Mining, the Abu Dhabi Capital Group Mining Division and was [...]

Galantas Gold Corp. is pleased to report accelerated progress in mine development at its Omagh gold mine, Northern Ireland. The main decline tunnel has reached the fourth level and an access drive to intersect the Kearney vein on this level has commenced. The vein is expected to be intersected on this level in approximately 4 weeks' time. Increased in-vein development is expected to drive further increases in feed tonnage [...]