Exercise of Warrants

RNS Number : 1303J

Galantas Gold Corporation

25 April 2022

 

GALANTAS GOLD CORPORATION

Exercise of Warrants

April 25, 2022. Galantas Gold Corporation (TSX-V & AIM: GAL; OTCQX: GALKF) ("Galantas" or the "Company") announces the early exercise of 250,000 warrants at an exercise price of CAD$0.40 ("Warrants"). A total of 18,203,598, 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).

250,000 Common Shares are expected to be admitted to trading on AIM on April 28, 2022 ("Admission").

Following Admission, the number of Common Shares in issue in the Company will increase to  82,771,801.

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: [e-mail] 

Website: www.galantas.com 

Telephone: [phone]

Grant Thornton UK LLP (AIM Nomad) 

Philip Secrett, Harrison Clarke, George Grainger, Samuel Littler 

Telephone: [phone] 

Panmure Gordon & Co (AIM Broker & Corporate Adviser)

Nick Lovering, Hugh Rich, John Prior

Telephone: [phone]

 

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