Galantas Gold Corporation Exercise of Warrants (8058X)
31 August 2022 - 11:42PM
UK Regulatory
TIDMGAL
RNS Number : 8058X
Galantas Gold Corporation
31 August 2022
Exercise of Warrants
August 31, 2022, TORONTO, CANADA - Galantas Gold Corporation
(TSX-V & AIM: GAL; OTCQX: GALKF) ("Galantas" or the "Company")
announces it received notification on 29 August 2022 of the early
exercise of 700,000 warrants at an exercise price of CAD$0.33 and
83,334 warrants at an exercise price of CAD$0.40 by Ocean Partners
for gross proceeds of C$264,333.60.
700,000 Common Shares are expected to be admitted to trading on
AIM on September 6, 2022 ("Admission"). 83,334 Common Shares are
included in the May 14, 2021 Warrants Block Admission Scheme
announced on June 9, 2022.
Following Admission, Ocean Partners will be interested in a
total of 4,116,668 Common Shares representing 4.0% of the Company's
issued share capital and the number of Common Shares in issue in
the Company will be 102,862,143.
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.
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
(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: Ocean Partners
------------------------------------- --------------------------------
2. Reason for the notification
-----------------------------------------------------------------------
a) Position/status: Ocean Partners is a person
closely associated with
Brent Omland, a Director
of Galantas
------------------------------------- --------------------------------
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: CA36315W3012
------------------------------------- --------------------------------
b) Nature of the transaction Exercise of warrants
------------------------------------- --------------------------------
c) Price(s) and volume Price Volume
C$ 0.40 83,334
C$0.33 700,000
------------------------------------- --------------------------------
d) Aggregated information 783,334 shares at a weighted
average price of C$0.38
------------------------------------- --------------------------------
e) Date of the transaction August 29, 2022
------------------------------------- --------------------------------
f) Place of the transaction Outside of a trading venue
------------------------------------- --------------------------------
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
IOEWPUBWRUPPGWG
(END) Dow Jones Newswires
August 31, 2022 09:42 ET (13:42 GMT)
Galantas Gold (LSE:GAL)
Historical Stock Chart
From Mar 2024 to Apr 2024
Galantas Gold (LSE:GAL)
Historical Stock Chart
From Apr 2023 to Apr 2024