We could not find any results for:
Make sure your spelling is correct or try broadening your search.
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 | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 12.50 | 11.50 | 13.50 | 12.50 | 12.50 | 12.50 | 0.00 | 08:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Gold Ores | 0 | -16.63M | -0.1448 | -1.31 | 21.82M |
TIDMGAL
RNS Number : 0572A
Galantas Gold Corporation
07 September 2018
GALANTAS GOLD CORPORATION
TSXV and AIM: - GAL
GALANTAS ANNOUNCES PRIVATE PLACEMENT
Date: 7(th) September 2018. Galantas Gold Corporation (the "Company"), the AIM and TSX Venture Exchange ("TSXV") quoted gold producer and explorer with a 100% interest in Northern Ireland's Omagh gold mine, announces a proposed private placement of shares (the "Private Placement").
The Private Placement is for a maximum of 30,000,000 shares, at an issue price of UKGBP0.042 (CAD$0.071) per share (the "Offering") for maximum gross proceeds of UKGBP1,260,000 (CAD$2,130,000). A four month plus one day hold period will apply to the shares and the Private Placement will be subject to TSXV and regulatory approval. The shares will rank pari passu with the existing shares in issue of the Company. The Company expects insiders to participate in the Private Placement.
The net proceeds to be raised by the Offering are intended to be used for working capital purposes and to continue development of an underground mine on the Omagh property. A further announcement will be made in due course detailing the results of the Offering.
The Omagh underground gold mine has commenced limited production of gold concentrate, from feed produced in development of the Kearney vein. The Company expects to raise further funds in due course to enable full production status to be reached.
Neither TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release.
Galantas Gold Corporation's Issued and Outstanding Shares total 187,549,186.
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 (Nominated Adviser)
Philip Secrett, Harrison Clarke, Richard Tonthat : Telephone: +44(0)20 7383 5100
Whitman Howard Ltd (Broker & Corporate Adviser)
Nick Lovering, Grant Barker : Telephone: +44(0)20 7659 1234
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 or visit www.rns.com.
END
IODSSSFWMFASESU
(END) Dow Jones Newswires
September 07, 2018 02:00 ET (06:00 GMT)
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