We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Share Name | Share Symbol | Market | Type |
---|---|---|---|
Galantas Gold Corporation | TSXV:GAL | TSX Venture | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 0.165 | 0.165 | 0.18 | 0 | 14:31:53 |
Galantas earlier announced (April 2, 2020) that confirmation has been received from PSNI, in regard to satisfaction of certain secure storage and handling protocols required for an increase in blasting to a commercial level. Some other issues, regarding financial matters, were being progressed. The Company understands that financial matters have now been mutually agreed.
Staff operating the concentrate processing plant (mill) were earlier furloughed under a UK government grant scheme, regarding the Coronavirus pandemic. The company carried out maintenance to the processing plant during the milling suspension, to avoid future maintenance interruptions. The Company expects to re-start milling operations within the next ten days and will be working from a stock of low-grade material currently available. The Company will be applying Northern Ireland / UK government health advice and a risk assessment.
Certain underground work continues but ore production is suspended until finance is available to expand the underground operation. Pending resolution of the blasting issue, the workforce was reduced as earlier disclosed (October 29, 2019).
Discussions with a number of parties continue in terms of a corporate action involving a potential sale or joint venture. Due diligence materials continue to be processed.
The information in this release has been reviewed by Roland Phelps C.Eng MIMMM (President & CEO, Galantas Gold Corporation) a qualified person under the meaning of National Instrument. 43-101 and AIM rules.
This announcement contains inside information for the purposes of Article 7 of Regulation (EU) No 596/2014.
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.
Enquiries: Galantas Gold CorporationRoland Phelps C.Eng – President & CEOEmail: info@galantas.com Telephone: (UK) +44 (0) 2882 241100Website: www.galantas.com
Grant Thornton UK LLP (AIM Nominated Advisor)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
1 Year Galantas Gold Chart |
1 Month Galantas Gold Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions