Statement re Disclosure and Transparency Rules

GALANTAS GOLD CORPORATION
                            TSX Venture Exchange: GAL
                         London Stock Exchange AIM: GAL

                               Total Voting Rights

21st December 2006

In  accordance  with the transitional provisions of the London Stock  Exchange's
AIM  Notice 25, which in turn implements the EU Transparency Directive  via  the
Financial Services Authority ("FSA") Disclosure Rules, which will be renamed the
Disclosure  and  Transparency  Rules ("DTR"),  the  Company  announces  that  it
currently  has  157,851,855 Common Shares of no par value in issue,  each  share
carrying the right to one vote.


Enquiries
Galantas Gold Corporation                  Telephone:  [phone]
Jack Gunter P.Eng - Executive Chairman
Roland Phelps C.Eng - President & CEO
Moe Lavigne P.Geo - Vice President
Email: [e-mail]
Website: www.galantas.com


ARM Corporate Finance Limited               Telephone: [phone]
Nick Harriss

Lewis Charles Securities Limited.           Telephone: [phone]
David Scott