Galantas Gold Corporation: Posting of Annual Report and Notice of Annual General and Special Meeting

TORONTO, ONTARIO--(Marketwired - June 20, 2017) - Galantas Gold Corp. (the "Company") (TSX VENTURE:GAL)(AIM:GAL) confirms the distribution of the Annual Report and Accounts and the distribution to shareholders of the Management Information Circular and Notice of Annual General and Special Meeting set for 26^th June 2017, details of which may be found on the Company's website www.galantas.com.

The Company has a 100% interest in the Omagh Gold Mine, which has an operational processing plant and tailings facility with an excellent environmental record. The plant uses a non-toxic, froth flotation process, without the use of cyanide or mercury and produces a gold concentrate which is exported for smelting. The remaining tailing sands are clean and free from acid drainage. The plant is on stand-by awaiting ore from underground development. The underground mine, when fully developed, is expected to create 130 jobs plus others in service industries associated with the development.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Contact

Enquiries: Galantas Gold Corp.
L. Jack Gunter P.Eng - Chairman
Roland Phelps C.Eng - President & CEO
Email: info@galantas.com
Telephone: (UK) +44 (0) 2882 241100
Website: www.galantas.com

Grant Thornton UK LLP (Nomad)
Philip Secrett, Richard Tonthat
Telephone: +44(0)20 7383 5100

Whitman Howard Ltd (Broker & Corporate Adviser)
Nick Lovering, Grant Barker
Telephone: +44(0)20 7659 1234