REG - Galantas Gold Corp - Exercise of Warrants and PDMR Share Dealing

Galantas GoldAnnouncement

09/06/2022 07:00

For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20220609:nRSI2362Oa&default-theme=true

RNS Number : 2362O  Galantas Gold Corporation  09 June 2022

GALANTAS GOLD CORPORATION

Exercise of Warrants and PDMR Share Dealing

June 09, 2022. Galantas Gold Corporation (TSX-V & AIM: GAL; OTCQX: GALKF)
("Galantas" or the "Company") announces the early exercise of 83,333 warrants
at an exercise price of CAD$0.40 ("Warrants") by Mario Stifano, CEO of
Galantas. A total of 17,225,265, 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).

Following Admission, Mr Stifano will be interested in a total of 483,832
Common Shares representing 0.58% of the Company's issued share capital.

83,333 Common Shares are expected to be admitted to trading on AIM on June 14,
2022 ("Admission").

Following Admission, the number of Common Shares in issue in the Company will
increase to 83,750,134.

Further details of the PDMR dealings are included below. This information has
been provided in accordance with Article 5(1)(b) of the Market Abuse
Regulation (EU) No 596/2014 which is part of UK law by virtue of the European
Union (Withdrawal) Act 2018.

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

 

Panmure Gordon & Co (AIM Broker & Corporate Adviser)

Nick Lovering, Hugh Rich, John Prior

Telephone: +44(0)20 7886 2500

 

 

(UK) DEALING NOTIFICATION FORM
 FOR USE BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY AND THEIR CLOSELY
ASSOCIATED PERSONS

 

 1.      Details of the person discharging managerial responsibilities/person closely
         associated
 a)      Name:                                                       Mario Stifano
  2.     Reason for the notification
 a)      Position/status:                                            Chief Executive Officer
 b)      Initial notification/Amendment:                             Initial Notification
 3.      Details of the issuer, emission allowance market participant, auction
         platform, auctioneer or auction monitor
 a)      Name:                                                       Galantas Gold Corporation
 b)      LEI:                                                        LEI: 213800JKVPLLKO4KVB93
 4.      Details of the transaction(s): section to be repeated for (i) each type of
         instrument; (ii) each type of transaction; (iii) each date; and (iv) each
         place where transactions have been conducted
 a)      Description of the financial instrument type of instrument  Common Shares of nil par value

         Identification Code

                                                                     ISIN: CA36315W3012
 b)      Nature of the transaction                                   Exercise of warrants
 c)      Price(s) and volume                                         Price   Volume
                                                                     C$0.40  83,333
 d)      Aggregated information                                      N/A single transaction
 e)      Date of the transaction                                     June 07, 2022
 f)      Place of the transaction                                    Outside of a trading venue

d)

Aggregated information

N/A single transaction

e)

Date of the transaction

June 07, 2022

f)

Place of the transaction

Outside of a trading venue

 

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  DSHUWSKRUKUNRAR