TIDMGAL
RNS Number : 7800A
Galantas Gold Corporation
03 June 2021
Galantas Gold Corporation
03 June 2021
GALANTAS GOLD CORPORATION
TSXV & AIM: Symbol GAL
GALANTAS APPOINTS DIRECTORS
03 June 2021: Following the announcement on 18 May 2021,
Galantas Gold Corporation (the "Company" or "Galantas") is pleased
to announce the appointment of the Company's Chief Executive
Officer, Mario Stifano to the Board of Directors , and the
appointment of Ocean Partners' nominee, Brent Omland, to the Board
of Directors.
Mr. Stifano is an experienced mining executive who has raised
significant capital for a number of mining and resource companies
in exploration, development and production such as Lake Shore Gold
Corp. (now part of Pan American Silver Corp.).
Mr. Omland is a Canadian Chartered Accountant with 15 years'
experience in the mining, metals and trading sectors. He has held
roles with Ivernia Inc., Enirgi Metals Group and Teck. He is
currently Chief Financial Officer of Ocean Partners.
Mr. Stifano commented: "I am excited by the opportunity to lead
Galantas forward and bring the current operation to full
production, in a highly prospective gold district. I look forward
to working with my fellow Board and management team as we ramp up
operations and commence exploration to expand the known high grade
resources to depth and on strike, as well as identify new drill
targets. "
The following additional information is provided in accordance
with paragraph (g) of Schedule Two of the AIM Rules for Companies
in relation to the appointment of Mario Stifano (aged 50):
Current Directorships / Partnerships
-- Omai Gold Mines Corp
-- Lupaka Gold Corp.
-- Dore Copper Mining Corp.
-- Bell Copper Corp.
-- Mod Ofize Inc
Past Directorships / Partnerships (last 5 years)
-- Lattice Biologics Ltd
-- Lattice Biologics Inc.
-- AmAuCu Mining Corporation
-- Mineraux Cbay Inc. / Cbay Minerals Inc
-- Mineraux CBAY Inc. CBAY Minerals Inc.
-- Cordoba Minerals USA Corp
-- Minerales Cordoba SAS
-- Cordoba Minerals Holdings Ltd
-- Cordoba Minerals Corp
-- Sabre Metals Ltd
-- Sabre Metals, Inc.
-- Orevada Metals Inc
-- 2637262 Ontario, Inc
Mr. Stifano is interested, directly in 0.23% of the issued share
capital of Galantas and holds options over 1,500,000 Galantas
shares and 166,667 Common Share purchase warrants.
The following additional information is provided in accordance
with paragraph (g) of Schedule Two of the AIM Rules for Companies
in relation to the appointment of Brent Raymond Omland (aged
41):
Current Directorships / Partnerships
-- Ocean Partners UK Trading Limited
-- Ocean Partners Investments Limited
-- Ocean Partners Australia Pty Ltd
-- Ocean Partners USA, Inc.
-- Ocean Partners Holdings Limited
-- Mazule Holdings
-- Chemin Trading
-- Fujax Holdings Limited
-- Doré Copper Mining Corp.
Past Directorships / Partnerships (last 5 years)
-- AmAuCu Mining Corporation
-- Masivo Silver Corp
-- CBAY Minerals Inc
Mr. Omland holds a minority interest in the parent company of
Ocean Partners which currently holds 2.33% of the Company's issued
share capital. Mr. Omland's indirect interest in the shares of
Galantas is therefore currently 2.33% and he also directly holds
options over 375,000 Galantas shares.
Information communicated within this announcement is deemed to
constitute inside information as stipulated under the Market Abuse
Regulations (EU) No. 596/2014 which is part of UK law by virtue of
the European Union (Withdrawal) Act 2018. Upon the publication of
this announcement, this inside information is now considered to be
in the public domain.
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.
Enquiries
Galantas Gold Corporation
Mario Stifano - CEO
Email: info@galantas.com
Website: www.galantas.com
Telephone: 001 416 453 8433
Grant Thornton UK LLP (Nomad)
Philip Secrett, Harrison Clarke, George Grainger.
Telephone: +44(0)20 7383 5100
Panmure Gordon & Co (AIM Broker & Corporate Adviser)
Nick Lovering, Hugh Rich:
Telephone: +44(0)20 7659 1234
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END
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