TIDMGAL

RNS Number : 9590L

Galantas Gold Corporation

18 May 2022

GALANTAS GOLD CORPORATION

PDMR Share Dealing

18 May 2022. Galantas Gold Corporation ("TSX-V: GAL; AIM: GAL) ("Galantas" or the "Company") reports that it received notification on 17 May 2022 that on 17 May 2022 Mario Stifano, CEO, bought 20,000 common shares of nil par value ("Common Shares") at price of C$ 0.49 per Common Share and that on 16 May 2021 he bought 50,000 common shares at an average price C$ 0.49, representing a combined total of 0.08% of the Company's issued ordinary share capital. Following these transactions, Mr Stifano's interest in the Company is 370,499 Common Shares representing 0.45% of the Company's total voting rights.

Further details of the PDMR dealings are included below. This information has been provided in accordance with Article 5(1)(b) of the Market Abuse Regulation (EU) No 596/2014 which is part of UK law by virtue of the European Union (Withdrawal) Act 2018.

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)

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 
       --------------------------------  -------------------------- 
        Reason for the notification 
   2. 
       ------------------------------------------------------------ 
 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$ 0.49   20,000 
                                                          ------- 
                                                C$ 0.486   10,000 
                                                          ------- 
                                                 C$ 0.49   10,000 
                                                          ------- 
                                             C$ 0.485083   30,000 
                                                          ------- 
       --------------------------------  -------------------------- 
 d)     Aggregated information            70 ,000 at a price of 
                                           C$ 0.49 
       --------------------------------  -------------------------- 
 e)     Date of the transaction           17 May 2022 - 20,000 
                                           16 May 2022 - 50,000 
       --------------------------------  -------------------------- 
 f)     Place of the transaction          Toronto Stock Exchange 
       --------------------------------  --------------------------

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END

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May 18, 2022 06:25 ET (10:25 GMT)

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