Galantas Gold Corp. . It is with great regret and sadness that Galantas announces the death of its non-executive Chairman, Lionel John Gunter. Jack led the discovery of the Omagh gold deposits in Northern Ireland, currently in development by the Company. Although not actively engaged in management for many years, his contribution to the Company over the years, in addition to his guidance and support as a Director and [...]
Galantas Gold Corp. is pleased to announce its financial results for the Quarter ended March 31, 2019. Financial Highlights Highlights of the first quarter 2019 results, which are expressed in Canadian Dollars, are summarized below: Quarter Ended March 31 All in CDN$ 2019 2018 Revenue $ 0 $ 0 Cost and expenses of Operations $ $ Loss before the items below $ $ Amortization $ $ General administrative expenses $ $ Unrealized [...]
Galantas Gold Corp. is pleased to announce its audited annual financial results for the year ended December 31, 2018. A copy of the Annual Report and Accounts will be sent to shareholders shortly and are available on the Company's website at https://www.galantas.com/investors/financial-statements. Financial Highlights Highlights of the 2018 audited annual results, which are expressed in Canadian Dollars, are summarized [...]
Galantas Gold Corp. is pleased to report an expansion of gold milling operations underway at the Omagh, Northern Ireland processing plant. The plant, which produces a gold & silver concentrate using a non-toxic, froth-flotation process, is running on a batch basis from a stockpile of underground vein material plus additional feed produced from on-vein development operations. Milling operations are expected to continue on [...]
Galantas Gold Corp., reports that it has awarded 3,200,000 incentive stock options on the Company’s common shares to directors, officers, consultants and key employees, in accordance with the terms of the Company’s incentive Stock Option Plan. The exercise price for the options, which expire on February 13, 2024, is $0.09 Canadian per share and the grant of these options was approved by the Board on February [...]
Galantas Gold Corp. is pleased to report continued development progress at its Omagh Gold Mine, Northern Ireland, with the second level now intersecting the Kearney vein. Initial on-vein development on the 1096 level has partially delineated the crown pillar. The main decline development tunnel has progressed and has reached 52 metres past a 50 metre long access branch on the 1084 level, driven east from the main decline [...]
Galantas Gold Corp. with a 100% interest in Northern Ireland’s Omagh gold mine, announces that the second and final part of the private placement for 80,000,000 common shares for gross proceeds of CDN$6,900,000 previously outlined in the disclosure dated November 19, 2018 and updated on December 5, 2018 has closed. The second part of the Private Placement has received conditional approval of the TSX Venture Exchange [...]
Galantas Gold Corp. with a 100% interest in Northern Ireland’s Omagh gold mine, announces that the proposed private placement for 80,000,000 common shares for gross proceeds of CDN$6,900,000 previously outlined in the disclosure dated November 19, 2018 and updated on December 5, 2018 is anticipated to close in two parts. The first part of the Private Placement closed on December 12, 2018 for 57,435,065 common shares [...]
Galantas Gold Corp. , the AIM and TSX Venture Exchange quoted gold producer and explorer with a 100% interest in Northern Ireland’s Omagh gold mine, wishes to clarify some of the provisions and provide an update to its previously announced proposed Private Placement of Common Shares and Shares for Debt transaction on November 19, 2018 and November 30, 2018. The Private Placement will include funds raised in both UK [...]
Galantas Gold Corp. , the AIM and TSX Venture Exchange quoted gold producer and explorer with a 100% interest in Northern Ireland’s Omagh gold mine, is pleased to announce that it has received Subscription Agreements regarding the proposed private placement of common shares previously announced on November 19, 2018. Subscription Agreements have been received for the maximum amount of 80,000,000 common shares of no [...]
Galantas Gold Corp. is pleased to announce its financial results for the Three and Nine months ended September 30, 2018. Financial Highlights Highlights of the 2018 third quarter’s and first nine month’s results, which are expressed in Canadian Dollars, are summarized below: All figures denominated in Canadian Dollars Third Quarter Ended September 30 Nine Months Ended September 30 2018 2017 2018 2017 Revenue [...]
Galantas Gold Corp. , the gold-mine developer and explorer, has been advised that the Court Of Appeal has delivered its judgement in regard to an appeal against the Company’s planning consent. The Court has determined that the appeal has failed and thus the planning consent is confirmed. An Applicant sought to have the Company’s planning consent for its Omagh gold mine quashed via a Judicial Review in [...]