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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Galantas Gold Corporation | LSE:GAL | London | Ordinary Share | CA36315W3012 | COM SHS NPV |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.75 | 7.89% | 10.25 | 9.50 | 11.00 | 10.25 | 9.50 | 9.50 | 5,664 | 15:03:32 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Gold Ores | 0 | -16.63M | -0.1448 | -1.24 | 20.67M |
TIDMGAL
RNS Number : 6449A
Galantas Gold Corporation
27 March 2017
GALANTAS GOLD CORPORATION
TSXV & AIM : Symbol GAL
GALANTAS REPORTS AWARD OF INCENTIVE STOCK OPTIONS
March 27, 2017: Galantas Gold Corporation (the 'Company') , reports that it has awarded 4,900,000 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 (2004). The exercise price for the options, which expire on March 25 2022, is $0.135 Canadian per share and the grant of these options was approved by the Board on March 25 2017. The options will vest as to one third on March 25 2017 and one third on each of the following two anniversaries. The majority (76.5%) of the share options in this issuance have been awarded to non-directors, mainly employees (existing or newly appointed) directly involved in operations at the wholly owned Omagh gold mine, now in engaged in underground development.
Number of options issued to directors and executives are noted below:
Director Present Number % of Number Exercise Expiry New Total or Executive office of Common Class of price date options options Officer Shares Held existing of of granted held Owned, or share existing existing following Beneficially Controlled options share share grant Held or options options Controlled June Ronald 1(st) Alexander Director 112,000 0.07% 100,000 $0.105 , 2020 100,000 200,000 Non-Executive Chairman June Lionel and 1(st) J. Gunter Director 3,393,088 1.99% 200,000 $0.105 , 2020 200,000 400,000 President and Chief Executive Officer June Roland and 1(st) Phelps Director 33,356,750 19.52% 500,000 $0.105 , 2020 500,000 1,000,000 June James 1(st) B. Clancy Director 36,846 0.02% 100,000 $0.105 , 2020 100,000 200,000 June James 1(st) I. Golla Director 20,000 0.01% 100,000 $0.105 , 2020 100,000 200,000 Chief June Leo Financial 1(st) O'Shaughnessy Officer 320,500 0.19% 200,000 $0.105 , 2020 200,000 400,000
The total number of incentive stock options outstanding prior to this award was 3,700,000 with an exercise price of $0.105 Canadian per share resulting in the total number of incentive stock options now outstanding for the Company being 8,600,000.
As at March 3, 2017 Galantas Gold Corporation Issued and Outstanding Shares total 170,894,087.
This disclosure has been authorised by Roland Phelps (President & CEO) Galantas Gold Corporation.
The Incentive Stock Option award is subject to TSX Venture Exchange approval.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
This announcement contains inside information for the purposes of Article 7 of Regulation (EU) No 596/2014.
Enquiries : Galantas Gold Corporation
L. Jack Gunter P.Eng - Chairman, Roland Phelps C.Eng - President & CEO
Email: info@galantas.com Telephone: (UK) +44 (0) 2882 241100
Website: www.galantas.com
Grant Thornton UK LLP (Nomad)
Philip Secrett, Richard Tonthat: Telephone: +44(0)20 7383 5100
Whitman Howard Ltd (Broker & Corporate Adviser)
Nick Lovering, Grant Barker: Telephone: +44(0)20 7659 1234
.......................................................................................................................................
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: Ronald Alexander --- ---------------------------------- -------------------------- 2. Reason for the notification --- ---------------------------------- -------------------------- a) Position/status: Director --- ---------------------------------- -------------------------- 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 Common Shares of instrument, type of instrument nil par value Identification Code ISIN: CA36315W2022 --- ---------------------------------- -------------------------- b) Nature of the transaction Grant of options to acquire shares --- ---------------------------------- -------------------------- c) Price(s) and volume CDN$0.135 100,000 --- ---------------------------------- -------------------------- d) Aggregated information 100,000 options to acquire shares at CDN$0.135 per share --- ---------------------------------- -------------------------- e) Date of the transaction 25(th) March 2017 --- ---------------------------------- -------------------------- f) Place of the transaction Outside a trading venue --- ---------------------------------- --------------------------
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: Lionel J. Gunter --- -------------------------------- -------------------------- 2. Reason for the notification --- -------------------------------- -------------------------- a) Position/status: Non-Executive Chairman and Director --- -------------------------------- -------------------------- 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 Common Shares of financial instrument, nil par value type of instrument Identification Code ISIN: CA36315W2022 --- -------------------------------- -------------------------- b) Nature of the transaction Grant of options to acquire shares --- -------------------------------- --------------------------
c) Price(s) and volume CDN$0.135 200,000 --- -------------------------------- -------------------------- d) Aggregated information 200,000 options to acquire shares at CDN$0.135 per share --- -------------------------------- -------------------------- e) Date of the transaction 25(th) March 2017 --- -------------------------------- -------------------------- f) Place of the transaction Outside a trading venue --- -------------------------------- --------------------------
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: Roland Phelps --- -------------------------------- -------------------------- 2. Reason for the notification --- -------------------------------- -------------------------- a) Position/status: President and Chief Executive Officer and Director --- -------------------------------- -------------------------- 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 Common Shares of financial instrument, nil par value type of instrument Identification Code ISIN: CA36315W2022 --- -------------------------------- -------------------------- b) Nature of the transaction Grant of options to acquire shares --- -------------------------------- -------------------------- c) Price(s) and volume CDN$0.135 500,000 --- -------------------------------- -------------------------- d) Aggregated information 500,000 options to acquire shares at CDN$0.135 per share --- -------------------------------- -------------------------- e) Date of the transaction 25(th) March 2017 --- -------------------------------- -------------------------- f) Place of the transaction Outside a trading venue --- -------------------------------- --------------------------
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: James B. Clancy --- -------------------------------- -------------------------- 2. Reason for the notification --- -------------------------------- -------------------------- a) Position/status: Director --- -------------------------------- -------------------------- 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 Common Shares of financial instrument, nil par value type of instrument Identification Code ISIN: CA36315W2022 --- -------------------------------- -------------------------- b) Nature of the transaction Grant of options to acquire shares --- -------------------------------- -------------------------- c) Price(s) and volume CDN$0.135 100,000 --- -------------------------------- -------------------------- d) Aggregated information 100,000 options to acquire shares at CDN$0.135 per share --- -------------------------------- -------------------------- e) Date of the transaction 25(th) March 2017 --- -------------------------------- -------------------------- f) Place of the transaction Outside a trading venue --- -------------------------------- --------------------------
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: James I. Golla --- -------------------------------- -------------------------- 2. Reason for the notification --- -------------------------------- -------------------------- a) Position/status: Director --- -------------------------------- -------------------------- 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 Common Shares of financial instrument, nil par value type of instrument Identification Code ISIN: CA36315W2022 --- -------------------------------- -------------------------- b) Nature of the transaction Grant of options to acquire shares --- -------------------------------- -------------------------- c) Price(s) and volume CDN$0.135 100,000 --- -------------------------------- -------------------------- d) Aggregated information 100,000 options to acquire shares at CDN$0.135 per share --- -------------------------------- -------------------------- e) Date of the transaction 25(th) March 2017 --- -------------------------------- -------------------------- f) Place of the transaction Outside a trading venue --- -------------------------------- --------------------------
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: Leo O'Shaughnessy --- -------------------------------- -------------------------- 2. Reason for the notification --- -------------------------------- -------------------------- a) Position/status: Chief Financial 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 Common Shares of financial instrument, nil par value type of instrument Identification Code ISIN: CA36315W2022 --- -------------------------------- -------------------------- b) Nature of the transaction Grant of options to acquire shares --- -------------------------------- -------------------------- c) Price(s) and volume CDN$0.135 200,000 --- -------------------------------- -------------------------- d) Aggregated information 200,000 options to acquire shares at CDN$0.135 per share --- -------------------------------- -------------------------- e) Date of the transaction 25(th) March 2017 --- -------------------------------- -------------------------- f) Place of the transaction Outside a trading venue --- -------------------------------- --------------------------
This information is provided by RNS
The company news service from the London Stock Exchange
END
DSHDMGZFFNNGNZM
(END) Dow Jones Newswires
March 27, 2017 10:00 ET (14:00 GMT)
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