TIDMGAL

RNS Number : 4686C

Galantas Gold Corporation

20 June 2021

GALANTAS GOLD CORPORATION

PDMR Share Dealings

June 21, 2021. Galantas Gold Corporation ("TSX-V: GAL; AIM: GAL) ("Galantas" or the "Company") reports that it received notification on 18 June 2021 that on 17 June 2021 and 18 June 2021:

Mario Stifano, CEO, bought 12,000 common shares of nil par value ("Common Shares") at an average price of C$0.71 per Common Share, representing 0.02% of the Company's issued ordinary share capital. Following these transactions, Mr Stifano's interest in the Company is 178,666 Common Shares representing 0.24% of the Company's total voting rights.

The Company also reports that it received notification on 28 May 2021 that on 28 May 2021:

Alan Buckley, CFO bought 51,459 Common Shares at a price of GBP0.41 per Common Share, representing 0.07% of the Company's issued ordinary share capital. Following these transactions, Mr Buckley's interest in the Company is 134,793 Common Shares representing 0.18% of the Company's total voting rights.

The notifications set out below, made pursuant to Article 19(3) of the Market Abuse Regulation which is part of UK law by virtue of the European Union (withdrawal) Act 2018, provides further details.

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.

This announcement contains inside information for the purposes of Article 7 of Regulation (EU) No 596/2014.

Enquiries

Galantas Gold Corporation Mario Stifano: Chief Executive Officer

   Email: info@galantas.com  Website:  www.galantas.com   Telephone: +44 (0) 2882 241100 

Grant Thornton UK LLP (AIM 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 7886 2500

(UK) DEALING NOTIFICATION FORM

FOR USE BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY AND THEIR CLOSELY ASSOCIATED PERSONS

 
 1.    Details of the person discharging managerial responsibilities/person 
        closely associated 
 a)    Name:                                  Mario Stifano 
      -------------------------------------  -------------------------------- 
  2.   Reason for the notification 
      ----------------------------------------------------------------------- 
 a)    Position/status:                       Chief Executive Officer 
      -------------------------------------  -------------------------------- 
 b)    Initial notification/Amendment:        Initial Notification 
      -------------------------------------  -------------------------------- 
 3.    Details of the issuer, emission allowance market participant, 
        auction platform, auctioneer or auction monitor 
      ----------------------------------------------------------------------- 
 a)    Name:                                  Galantas Gold Corporation 
      -------------------------------------  -------------------------------- 
 b)    LEI:                                   LEI: 213800JKVPLLKO4KVB93 
      -------------------------------------  -------------------------------- 
 4.    Details of the transaction(s): section to be repeated 
        for (i) each type of instrument; (ii) each type of 
        transaction; (iii) each date; and (iv) each place 
        where transactions have been conducted 
      ----------------------------------------------------------------------- 
 a)    Description of the financial           Common Shares of nil par 
        instrument type of instrument          value 
        Identification Code 
                                               ISIN: CA36315W2022 
      -------------------------------------  -------------------------------- 
 b)    Nature of the transaction              Purchase of shares 
      -------------------------------------  -------------------------------- 
 c)    Price(s) and volume                     Price      Volume 
                                                C$ 0.73    5500 
                                                C$ 0.70    3500 
                                                C$ 0.68    3000 
      -------------------------------------  -------------------------------- 
 d)    Aggregated information                 12,000 at a weighted average 
                                               price of C$ 0.71 
      -------------------------------------  -------------------------------- 
 e)    Date of the transaction                June 17, 2021 - 3,000 
 
                                               June 18, 2021 - 9,000 
      -------------------------------------  -------------------------------- 
 f)    Place of the transaction               Toronto Stock Exchange 
      -------------------------------------  -------------------------------- 
 
 
 1.    Details of the person discharging managerial responsibilities/person 
        closely associated 
 a)    Name:                                   Alan Buckley 
      --------------------------------------  ------------------------------- 
  2.   Reason for the notification 
      ----------------------------------------------------------------------- 
 a)    Position/status:                        Chief Financial Officer 
      --------------------------------------  ------------------------------- 
 b)    Initial notification/Amendment:         Initial Notification 
      --------------------------------------  ------------------------------- 
 3.    Details of the issuer, emission allowance market participant, 
        auction platform, auctioneer or auction monitor 
      ----------------------------------------------------------------------- 
 a)    Name:                                   Galantas Gold Corporation 
      --------------------------------------  ------------------------------- 
 b)    LEI:                                    LEI: 213800JKVPLLKO4KVB93 
      --------------------------------------  ------------------------------- 
 4.    Details of the transaction(s): section to be repeated 
        for (i) each type of instrument; (ii) each type of 
        transaction; (iii) each date; and (iv) each place 
        where transactions have been conducted 
      ----------------------------------------------------------------------- 
 a)    Description of the financial            Common Shares of nil par 
        instrument type of instrument           value 
        Identification Code 
                                                ISIN: CA36315W2022 
      --------------------------------------  ------------------------------- 
 b)    Nature of the transaction               Purchase of shares 
      --------------------------------------  ------------------------------- 
 c)    Price(s) and volume                      Price      Volume 
                                                 GBP0.41    51,459 
      --------------------------------------  ------------------------------- 
 d)    Aggregated information                  N/A single transaction 
      --------------------------------------  ------------------------------- 
 e)    Date of the transaction                 28 May 2021 
      --------------------------------------  ------------------------------- 
 f)    Place of the transaction                 AIM London Stock Exchange 
      --------------------------------------  ------------------------------- 
 

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June 21, 2021 06:17 ET (10:17 GMT)

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