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REG - Galantas Gold Corp - Exercise of Warrants

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RNS Number : 4349J  Galantas Gold Corporation  26 April 2022

GALANTAS GOLD CORPORATION

Exercise of Warrants

April 26, 2022. Galantas Gold Corporation (TSX-V & AIM: GAL; OTCQX: GALKF)
("Galantas" or the "Company") announces the early exercise of 230,000 warrants
at an exercise price of CAD$0.40 ("Warrants"). A total of 17,973,598, 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).

230,000 Common Shares are expected to be admitted to trading on AIM on May 3,
2022 ("Admission").

Following Admission, the number of Common Shares in issue in the Company will
increase to  83,001,801.

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: 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

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