Notice of AGM

GALANTAS GOLD CORPORATION
                          (TSX VENTURE EXCHANGE : GAL)
                               (AIM  LONDON : GAL)

                                                                   21st May 2008

The Board of Directors of Galantas Gold Corporation (the Company) announces that
an  Annual  and  Special Meeting will be held at 10:30 a.m.  (Toronto  time)  on
Wednesday,  June  18th,  2008 at The Toronto Board of Trade,  1  First  Canadian
Place, Rooms MacDonald / Brule, Toronto, Ontario, Canada. The resolutions to  be
proposed  have been notified to shareholders in the proxy circular,  a  copy  of
which may be found on the Company's website and www.sedar.com.

The TSX Venture Exchange has not reviewed and does not accept responsibility for
the adequacy or accuracy of the contents of this news release.

Enquiries:

Galantas Gold Corporation                              [phone]
Jack Gunter P.Eng  Executive Chairman
Roland Phelps C.Eng  President & CEO

Website: www.galantas.com
Email: [e-mail]

Blomfield Corporate Finance Limited                    [phone]
Nick Harriss

Lewis Charles Securities Limited                       [phone]
Kealan Doyle