TIDMGAL

RNS Number : 1871K

Galantas Gold Corporation

04 May 2022

GALANTAS GOLD CORPORATION

Exercise of Warrants

May 4, 2022. Galantas Gold Corporation (TSX-V & AIM: GAL; OTCQX: GALKF) ("Galantas" or the "Company") announces the early exercise of 15,000 warrants at an exercise price of CAD$0.40 ("Warrants"). A total of 17,958,598, CAD$0.40 Warrants from the May 14, 2021 financing remain outstanding and are due to expire on May 14, 2023 (see May 18, 2021 news release).

15,000 Common Shares are expected to be admitted to trading on AIM on May 9, 2022 ("Admission").

Following Admission, the number of Common Shares in issue in the Company will increase to 83,016,801.

About Galantas Gold Corporation

Galantas Gold Corporation is a Canadian public company that trades on the TSX-Venture Exchange and the London Stock Exchange AIM market, both under the symbol GAL. It also trades on the OTCQX Exchange under the symbol GALKF. The Company's strategy is to create shareholder value by operating and expanding gold production and resources at the Omagh Project in Northern Ireland.

Enquiries

Galantas Gold Corporation

Mario Stifano: Chief Executive Officer

Email: info@galantas.com

Website: www.galantas.com

Telephone: +44(0)28 8224 1100

Grant Thornton UK LLP (AIM Nomad)

Philip Secrett, Harrison Clarke, George Grainger, Samuel Littler

Telephone: +44(0)20 7383 5100

Panmure Gordon & Co (AIM Broker & Corporate Adviser)

Nick Lovering, Hugh Rich, John Prior

Telephone: +44(0)20 7886 2500

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

IOEUPUMCAUPPGQW

(END) Dow Jones Newswires

May 04, 2022 02:00 ET (06:00 GMT)

Galantas Gold (LSE:GAL)
Historical Stock Chart
From Feb 2024 to Mar 2024 Click Here for more Galantas Gold Charts.
Galantas Gold (LSE:GAL)
Historical Stock Chart
From Mar 2023 to Mar 2024 Click Here for more Galantas Gold Charts.