Galantas Gold Corp. is pleased to announce results for four holes from its ongoing drilling program at the Omagh Project in Northern Ireland. Three holes were drilled from an underground platform towards the south of the development on the Kearney Vein, and one was drilled from a new platform in the north. Drilling highlights: Hole FR-DD-22-UG-191 [...]
Galantas Gold Corp. is pleased to announce that its subsidiary Flintridge Resources Limited has appointed QME Limited of Navan, Ireland, as a mining contractor to develop the access and exploration drives to the Joshua Vein at its Omagh Gold Project in Northern Ireland. QME's project scope comprises a total of 600 metres of underground development [...]
Galantas Gold Corp. is pleased to announce that it has closed its previously announced private placement, pursuant to which the Company sold an aggregate of 14,826,674 units of the Company at a price of C$0.45 per Unit on a "best efforts" brokered private placement basis for gross proceeds of C$6,672,003.30 and 506,667 Units at the Offering Price [...]
Galantas Gold Corp. is pleased to announce its unaudited financial results for the Quarter and Six Months ended June 30, 2022. Financial Highlights Highlights of the second quarter 2022 results, which are expressed in Canadian Dollars, are summarized below: All figures denominated in Canadian Dollars Quarter Ended June 30 Six Months Ended June 30 [...]
Galantas Gold Corp. is pleased to announce that it has entered into an amending agreement with Canaccord Genuity Corp., on behalf of itself and a syndicate of agents including Cormark Securities Inc. and Research Capital Corporation , to increase the size of the Company's previously announced proposed "best efforts" private placement to up to [...]
Galantas Gold Corp. announces that it has entered into an agreement with Canaccord Genuity Corp., on behalf of itself and a syndicate of agents including Cormark Securities Inc. and Research Capital Corporation , in connection with a proposed "best efforts" private placement of up to 8,888,890 units of the Company at a price of C$0.45 per Unit for [...]
Galantas Gold is pleased to announce results for three holes from its ongoing 4,000-metre drilling program at the Omagh Project. All three holes were drilled from the underground development at the Kearney Vein. Drilling highlights: Hole FR-DD-22-UG-186 targeted a dilation zone within the Kearney Vein and intersected 31.8 g/t gold and 39.2 g/t [...]
Galantas Gold announces the closing of the loan agreement for US$530,000 with Ocean Partners UK Ltd. Terms of the Loan Agreement, as previously announced on July 26, 2022: The Loan matures on Jan 31, 2023. The Loan will bear interest at an annual rate of 12% compounded monthly and repayable in full on the Maturity Date. US$10,000 commitment fee has [...]
Galantas Gold announces that it has entered into a further loan agreement for US$530,000 with Ocean Partners UK Ltd. The Loan is to be used to fund the development of the underground mining operations at the Omagh Gold Project in Northern Ireland and working capital. The Loan is repayable six months from the date of closing of the issue of the Loan [...]
Galantas Gold Corp. is pleased to announce the appointment of SP Angel Corporate Finance LLP as its Joint Broker to support its position as an AIM-quoted company, with immediate effect. Panmure Gordon & Co will continue to act as the Company's Joint Broker. Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined [...]
Galantas Gold is providing an update on the Company’s progress to commence production at the Omagh Project in Northern Ireland. Longhole drilling has commenced in the first series of stopes, marking the start of the production process. Installation of the secondary egress from the 1,096 to 1,052 level is in the final stage of completion and is [...]
Galantas Gold announces that it received notification on June 28, 2022 of the early exercise of 920,000 warrants at an exercise price of CAD$0.33 by G&F Phelps Ltd, a company wholly owned by former Galantas President and CEO, Roland Phelps, as well as 500,000 warrants at an exercise price of CAD$0.40 by shareholder Michael Gentile, following the [...]