Galantas Gold Corp.

Galantas Gold Corp. announces that US$60,000 of convertible debentures, as detailed in releases dated November 9, 2023 and December 20, 2023 and approved by the TSX Venture Exchange, have been converted into common shares of the Company. The Debentures are convertible at the option of the holder thereof into common shares in the capital of the Company at a conversion price of US$0.255 per Conversion Share. The Debentures [...]

Galantas Gold reports that it has awarded 3,175,000 incentive stock options on the Company's common shares to directors, employees and consultants, in accordance with the terms of the Company's incentive Stock Option Plan. The exercise price for the options, which expire on April 29, 2029, is C$0.23 per share and the grant of these options was approved by the Board of Directors on April 23, 2024. The options will vest as [...]

Galantas Gold is pleased to announce its audited annual financial results for the year ended December 31. A copy of the Financial Statements and Management Discussion and Analysis will be sent to shareholders in due course and are available on the Company's website at www.galantas.com/investors. The Annual and Special Meeting of the Company is to be held at 11:00 a.m. on 24th June 2024 at The Canadian Venture Building, 82 [...]

Galantas Gold Corp. is pleased to announce the results of a recent gradient array induced polarization and resistivity geophysical survey five kilometres west of the Cavanacaw Gold Mine at the Omagh Project in County Tyrone, Northern Ireland. The Company is also pleased to have recently received full planning permission to drill eight boreholes from three locations within the mine site. The holes will target a southern [...]

Galantas Gold Corp. is pleased to provide an update on the Gairloch Project in Scotland. Galantas Gold, in collaboration with the University of Edinburgh, is currently undertaking a sampling program of drill core and outcrop to establish the Kerry Road deposit's geochemical signature which will be used to locate new mineralization in the Gairloch Schist Belt. The work will include petrology, scanning electron microscope [...]

Galantas Gold Corp. is pleased to announce the closing of its previously announced debt settlement transaction , pursuant to which the Company settled US$2,711,000 of indebtedness owing to Ocean Partners UK Ltd., a creditor of the Company, through the issuance of US$2,711,000 aggregate principal amount of unsecured convertible debentures of the Company . The Debentures issued in connection with the Debt Settlement were [...]

Galantas Gold Corp. is pleased to announce the closing of its previously announced non-brokered private placement, pursuant to which the Company sold US$2,627,000 aggregate principal amount of unsecured convertible debentures of the Company , in the principal amount of US$1,000 per Debenture . The net proceeds of the Offering are expected to be used for exploration and development, working capital and for general [...]

Galantas Gold is pleased to announce its unaudited financial results for the Quarter Ended September 30. Financial Highlights Highlights of the third quarter 2023 results, which are expressed in Canadian Dollars, are summarized below: All figures denominated in CAD Quarter Ended September 30 Nine Months Ended September 30 2023 2022 2023 2022 Revenue $ 0 $ 0 $ 0 $ 0 Cost and expenses of operations $ $ $ $ Loss before the [...]

Galantas Gold Corp. is pleased to announce the terms of a proposed non-brokered private placement of up to US$3.0 million aggregate principal amount of unsecured convertible debentures of the Company , in the principal amount of US$1,000 per Debenture . The Company anticipates that the closing of the Offering will occur on or about November 30, 2023 . The net proceeds of the Offering are expected to be used for [...]

Galantas Gold Corp. is pleased to announce the results of the fifth exploration drill hole at the Gairloch Project in Scotland. Highlights: Hole 23-GL-05 intersected 1.87 grams per tonne gold , 1.17% copper , 1.20% zinc , 131 g/t cobalt and 7.06 g/t silver over 34.25 metres with new mineralization identified a further 100 metres at depth. Recent and historical drilling have identified a mineralized trend with a strike of [...]