REG - Galantas Gold Corp - Block Admission Return and Total Voting Rights

Galantas GoldAnnouncement

14/12/2022 07:01

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RNS Number : 5469J  Galantas Gold Corporation  14 December 2022

 

 

Block Admission Return and Total Voting Rights

December 14, 2022, TORONTO, CANADA - Galantas Gold Corporation (TSX-V &
AIM: GAL; OTCQX: GALKF) ("Galantas" or the "Company") makes the following
notification pursuant to Schedule Six of the AIM Rules for Companies regarding
its existing block admission arrangement announced on June 9, 2022.

 

 Name of Company                                                                 Galantas Gold Corporation
 Name of Scheme                                                                  May 14, 2021 Warrants
 Period of Return (from/to)                                                      14 June 2022 to 13 December 2022
 Number and class of securities not issued at the start of the period under the  17,255,265 New Common Shares
 scheme
 Number of securities issued under the scheme during the period                  2,815,034 New Common Shares

 Balance under the scheme of securities not yet issued at the end of the period  14,440,231 New Common Shares
 Number and class of shares originally admitted and the date of admission        17,255,265 New Common Shares admitted on June 14, 2022
 Name of contact and telephone number                                            Alan Buckley, CFO

                                                                                 +353 87 221 7448

 

As at December 14, 2022, the Company has an issued share capital of
103,518,509 Ordinary Shares. The Company does not hold any shares in treasury.

 

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: info@galantas.com

Website: www.galantas.com

Telephone: +44(0)28 8224 1100

 

Grant Thornton UK LLP (AIM Nomad)

Philip Secrett, Harrison Clarke, George Grainger, Samuel Littler

Telephone: +44(0)20 7383 5100

 

SP Angel Corporate Finance LLP (AIM Broker)

David Hignell, Charlie Bouverat (Corporate Finance)

Grant Barker (Sales & Broking)

Telephone: +44(0)20 3470 0470

 

Forward-Looking Statements

 

This press release contains forward-looking statements within the meaning of
the United States Private Securities Litigation Reform Act of 1995 and
applicable Canadian securities laws, including the results of exploration
programs, and mine development at the Omagh Gold Project. Forward-looking
statements are based on estimates and assumptions made by Galantas in light of
its experience and perception of historical trends, current conditions and
expected future developments, as well as other factors that Galantas believes
are appropriate in the circumstances. Many factors could cause Galantas'
actual results, the performance or achievements to differ materially from
those expressed or implied by the forward looking statements or strategy,
including: gold price volatility; discrepancies between actual and estimated
production, actual and estimated metallurgical recoveries and throughputs;
mining operational risk, geological uncertainties; regulatory restrictions,
including environmental regulatory restrictions and liability; risks of
sovereign involvement; speculative nature of gold exploration; dilution;
competition; loss of or availability of key employees; additional funding
requirements; uncertainties regarding planning and other permitting issues;
and defective title to mineral claims or property. These factors and others
that could affect Galantas' forward-looking statements are discussed in
greater detail in the section entitled "Risk Factors" in Galantas' Management
Discussion & Analysis of the financial statements of Galantas and
elsewhere in documents filed from time to time with the Canadian provincial
securities regulators and other regulatory authorities. These factors should
be considered carefully, and persons reviewing this press release should not
place undue reliance on forward-looking statements. Galantas has no intention
and undertakes no obligation to update or revise any forward-looking
statements in this press release, except as required by law.

 

 

 

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